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STATE TIMBER

| July 18, 2007 9:00 PM

SALVAGE SALE

SS-20-0243, Careywood Down

A public oral auction will be conducted at the Idaho Department of Lands office, Pend Oreille Lake Supervisory Area, 2550 Highway 2, Sandpoint, Idaho 83864-7305 at 9:00 a.m. local time, on Friday, July 27, 2007, for an estimated 75 MBF of timber, marked or otherwise designated for cutting. In addition, there is an unestimated volume of pulpogs and cedar product that may be removed at the option of the purchaser. Prior to bidding, eligible bidders shall present a certified check or bank draft payable to Treasurer, State of Idaho, or a bid bond acceptable to the State, in the amount of $2,445.90 which is 10% of the advertised net sale value of $24,459.00. The successful bidder's deposit will be forfeited to the State should the bidder fail to complete the contract. The State will not accept bids from parties who are delinquent on payments on existing state contracts.

The sale is located within Section 16, Township 54 North, Range 2 West, B.M., Bonner County, State of Idaho. Sale duration is one (1) year. The sale may include blowndown and/or insect and disease infected timber which may result in additional volume and recovery reductions. Interested purchasers should carefully examine the sale and make their own estimates as to volume recovery, surface conditions, and proposed construction prior to bidding on the sale. A prospectus containing additional information concerning the timber and conditions of sale is available to the public and interested bidders from the Idaho Department of Lands office, Sandpoint, Idaho.

The State Board of Land Commissioners reserves the right to reject any and all bids provided that good and sufficient grounds for rejecting the bid shall be stated in the rejection notice and shall not be in violation of applicable law.

If you are disabled and need some form of accommodation, please call (208) 263-5104 five days prior to the date of sale. For text telephone services, please call 1-800-377-3529.

Legal SNP 8803

July 18, 2007