7th Timberland Agenda

Learn best practices from top Timberland experts and investors, including:

www.TimberlandInvestmentSummit.com

Tim SchlitzerSenior Investment OfficerMassachusetts PRIM Board

Colin CarltonVP, Investment ResearchCanada Pension PlanInvestment Board

Gerald BrownChairmanDallas Police & Fire Pension System

Clark BinkleyManaging DirectorInternational ForestryInvestment Advisors

Dennis NeilsonDirectorDANA

Steven DiebenowPrincipalRock Creek Capital

Don’t Miss our InteractiveRoundtable Discussions onthe Top 5 North American

Investment Destinations (page 5)

NAVIGATING THE LANDSCAPE FOR STRATEGIC INVESTMENTSIN NORTH AMERICAN TIMBERLAND

June 23 – 25, 2010The Pan Pacific Hotel, Vancouver, British Columbia

New for 2010: New! Confirmed Keynote Speaker:

• Highest ever participation from institutional investors, with speakersconfirmed from TIAA-CREF, Mass-PRIM, APG, CPP InvestmentBoard and Dallas Police & Fire Retirement System

• Dedicated workshops on risk mitigation, carbon credits andstrategies for smaller investors

• In-depth keynotes on the prospects for the US housing market,the macroeconomic outlook for timberland and the future oftimberland values

• Interactive roundtable discussions on the Top 5 North AmericanInvestment Opportunities

Media Partners:Sponsors:

Keith BalterPrincipalForest Capital Partners

Brendan K LowneyPrincipal, MacroeconomicsForest Economic Advisors LLC

Steven ChercoverSenior Research AnalystD. A. Davidson & Co

“Very interesting presentations and discussions!” - Jack Lutz, Director of Research, FourWinds Capital Management

Pat BellMinister of Forests& RangeBritish Columbia

Dear Investor,

Welcome to IQPC’s 7th Timberland Investment Summit – the key meeting of theyear for US & Canadian investment opportunities in the timberland asset class.Timberland has always been an attractive investment: Since 1970 timberland has returned anaverage of approximately 15% a year, easily outperforming the stock market, which hasaveraged 11%. It also has low volatility and returns are enhanced by biological growth – whichcontinues regardless of wars, economic crises and changes of administration.But lumber values are most certainly linked to developments in the broader economy, where theoutlook is far from certain. What are the prospects for the US housing market, the single biggestdriver of lumber demand? How might the market in woody biomass affect overall timberlandvalues? What about global demand for wood and paper products?One of the largest question marks relates to inflation. Over the last century, timberland hasoutperformed inflation by an average of 3.3% a year, making it one of the most effectiveinflation hedges available. But is inflation really on the cards? Many economists have beentalking up inflation since the beginning of fiscal stimulus back in January 2009, but we’ve seenprecious little of it so far. One reason for the lack of inflation has been the reluctance of banksto pass on the effects of fiscal stimulus in the form of increased lending – and we shall have tosee if this picture changes over 2010.

Overall, then, the investment outlook for timberland is uncertain and it’s difficult for NorthAmerican investors to know whether they’re faced with an outstanding buying opportunity or animperative to sell. Gaining a deeper understanding of the factors that influence timberland valuesis therefore essential to investors who wish to make money with this asset class – and the 7thTimberland Investment Summit addresses this need head-on with a number of can’t miss sessions:• Steve Chercover, Senior Research Analyst at D. A. Davidson & Co and one of the world’stop paper & forest products analysts will deliver an exclusive keynote address on themacroeconomic outlook for timberland investments, with a particular emphasis on how valueswill be affected by possible economic scenarios like inflation, deflation, and a double-diprecession

• Our largest ever investor roundtable session will feature speakers from Mass PRIM, APG,TIAA-CREF, CPP Investment Board and Dallas Police & Fire Retirement System• Keith Balter, Principal of Forest Capital Partners, will uncover essential insights about thefuture prospects of the US housing market, and examine the precise interrelationshipbetween lumber prices, housing starts, and timberland values• More C-Level participation from leading TIMOs including Rock Creek Capital, ForestCapital Partners, Timberland Investment Resources and Timbervest, to name a fewPlease do take a few minutes to review the exciting agenda we’ve assembled and then bookyour place at the 7th Timberland Investment Summit.I look forward to meeting you insunny Vancouver this June!

Sincerely,

Toby DonovanProgram Director7th TimberlandInvestment Summit

June 23 – 25, 2010The Pan Pacific Hotel, Vancouver, British Columbia

Our Speaker Faculty:

www.TimberlandInvestmentSummit.com | 1-800-882-86842

“Lumber prices have climbed 32% on the futures market this

year, a sudden and unexpected surge that contrasts with a

decline in most other commodities, such as fossil fuels

and industrial metals.”

The Wall Street Journal, February 16, 2010

Tim SchlitzerSenior Investment Officer, Real Estate andTimberlandMassachusetts PRIM Board

Colin CarltonVP, Investment ResearchCanada Pension Plan Investment Board


Sue Ryan GoodmanPortfolio Manager, Real Estate & TimberAPG Asset Management

Sandy LaBaughDirector, Alternative InvestmentsTIAA-CREF

Curtis SeltzerEditor, LandThink & Author, How to Be a Dirt-Smart Buyer of Country Property

Joel ShapiroCEO Timbervest

Chung-Hong FuManaging Director, Economic Research &AnalysisForest Investment Resources

Scott JonesCEOThe Forest Landowners Association

Jack LutzDirector of ResearchFourWinds Capital Management



Keith BalterPrincipal Forest Capital Partners


Rocky GoodnowDirector, TimberForest Economic Advisors LLC


Lloyd IrlandLecturer and Senior ScientistYale School of Forestry

Dr Jeffrey P. PrestemonResearch Forester, Forestry Sciences LaboratorySRS USDA Forest Service

Clark BinkleyManaging DirectorInternational Forestry Investment Advisors

Peter BaryninPrincipal Timber EconomistRISI

Aldo de Cresci NetoPartnerFMGCN

Tim CorrieroManaging DirectorFIA Timber Partners

Reid CarterManaging PartnerBrookfield Asset Management

Brian StantonPhD and Managing DirectorTree Improvement for GreenWood Resources

73% ofSpeakers New

for 2010!

■ 22% TIMOs■ 16% Paper & Forest Products Companies■ 15% Institutional Investors■ 12% Forest Management Companies■ 10% Hedge Funds & Other Investor

Types■ 8% Conservation Organizations■ 8% Law Firms■ 5% Banks■ 4% Other

Who Will You Meet?

Pre-Conference Workshops Wednesday, June 23, 2010

Timberland 101: Gaining Effective Exposure to the Asset Class

Timberland is an attractive investment, but it is also strongly knowledge-based: the mostsuccessful investors are those who take the time to develop an in-depth understanding ofthe asset class. For those new to timberland investments, this breakfast workshop willprovide you with essential, practical know-how about accessing the asset class, avoidingcommon pitfalls, and structuring your investment correctly to maximize returns.

8:00-8:45 Part I: Timberland investment: Why, How, When and Where? Clark S. Binkley, Managing Director of International Forestry Investment Advisors, LLC, andinternationally known timberland investment expert will review the traditional reasons forinvesting in timberland (good returns, low correlation with other assets/diversification, realasset/inflation hedge) with commentary on how these factors have changed, not alwaysfavorably, in the current market. He will also discuss alternative investment vehicles withthe advantages and disadvantages of each. His remarks will include a discussion of wherewe are in the investment cycle in the United States and elsewhere. There will be ampleopportunity for Q&A.

9:00-10:30 Part II: Emerging Opportunities in Timberland Investment

You want me to invest where? Emerging markets in timberland investment. Reid Carter, Managing Partner, Brookfield Asset Management, will provide an overviewof global opportunities to invest in timberland, with an emphasis on the opportunities inemerging markets outside the normal purview of investors with commentary on theadvantages and disadvantages of each region.

Can trees really grow that fast? Leveraging forestry technologies to generate higher,more reliable returns.

Brian Stanton, PhD and Managing Director of Tree Improvement for GreenWoodResources, will introduce the non-specialist to how tree improvement works, how bettergenetics interact positively with better on-the-ground management, and how all of thistranslates into higher, more reliable returns for timberland investors. He will provideexamples for several key commercial species grown in the US, Latin America, Australasiaand elsewhere.

8:00 – 10:30 Registration at 7:30 (Coffee will be served) A

360º Risk Management for Timberland Investments:Fireproof Your Timberland Investment through Comprehensive Due Diligence and Risk Mitigation Strategies

Successful timberland investing requires a comprehensive knowledge of the dangersinvolved – together with a detailed grasp of due diligence activities and risk mitigationstrategies. In this workshop, delegates will be taken through the full range oftimberland investment risks, include macro-economic risks, industry specific risks,currency risks and forest management risks.

What you will learn:• Gain a detailed understanding of the full range of timberland investment risks, including:

• Macroeconomic risks (GDP changes, credit, real estate)• Industry-specific risks (valuation error, market timing error, etc)• Regulatory risks (federal policing, tax changes)• Currency risks (eg. Unfavorable changes to US-Canadian dollar exchange)• Forest management risks (protection against Pine Beetle and fires)

• Examine the most effective strategies for guarding against each risk – and determinewhich risk mitigation strategies are ineffective, to avoid wasting time

How you will benefit:• Minimize the risks associated with your timberland investing• Create strategies for dealing with investment pitfalls – before they occur• Dramatically improve your investment confidence


About your workshop leader:Your workshop leader is Dr Jack Lutz, Director of Global Research and Valuations forFourWinds Capital Management, who brings 25 years of timberland investing experience.

11:00 – 1:30 Registration at 10:30 (Lunch will be served)B

Strategies for Smaller Investors:How the Little Guys can Beat the Big Guys at Timberland Investing

It’s often been said that timberland investing is a game mainly for the institutional players –those who can buy at significant scales, and diversify among multiple geographies and evencountries. But the fact remains that some of the most successful timberland investors of thelast 20 years or so have been much smaller players, and that smaller investors actually have aunique set of their own advantages which few have the expertise to capitalize on. In thisafternoon workshop, learn how to make the most of being a smaller investor and discoversome of the “dirt-smart” strategies for walking away with sizeable returns!

What you will learn:• Discover how to identify attractively discounted parcels of timberland• Walk away with reliable strategies for valuing smaller timberland tracts

How you will benefit:• Remove – as far as possible – the emotion from your investment decision making process

• Make the most of being a smaller investor• Avoid first-purchase surprises

Curtis SeltzerEditor, LandThink & AuthorHow to Be a Dirt-Smart Buyer of Country Property

About your workshop leader:Your workshop leader is Curtis Seltzer, who has lived and worked in the country for thebetter part of 35 years. He has helped clients find and buy timberland (both pine andhardwoods), farms, development land and conservation property. He is also the widely-praised author of How to be a Dirt-Smart Buyer of Country Property (2007, InfinityPublishing).

2:00 – 4:30 Registration at 1:30C

Tradable Carbon Credits in the Timberland Market:Maximizing Returns from an Alternative Revenue Stream

This workshop will cover how agreeing to conserve forest rather than converting forestland to other uses may also serve to generate tradable carbon credits. Forest landsoffer significant opportunities for sequestering carbon as well as limiting additionalemissions to the atmosphere from forest land conversion.

What you will learn:• Examining how to measure forest carbon• Exploring new and emerging domestic and international project opportunities• Analyzing the impact of a globally integrated carbon trading system for forest

owners and investors

How you will benefit:• Getting an essential update on the policy and regulation affecting the timberland sector

• Hearing the pros and cons of creating a global umbrella framework for REDDunder the UNFCCC

• Identifying the key funding avenues and finance mechanisms

Lloyd IrlandLecturer and Senior ScientistYale School of Forestry

About your workshop leader:Your workshop leader is Dr Lloyd Irland, Lecturer and Senior Scientist at the YaleSchool of Forestry. Dr Irland is widely acknowledged to be one of the world’s leadingexperts on forestry timberland investment issues, and has more than 30 years’experience in the sector.

5:00 – 7:30 Registration at 4:30 (Dinner will be served)D

3

Clark S. BinkleyManaging DirectorInternational Forestry Investment Advisors, LLC

Reid CarterManaging PartnerBrookfield Asset Management

Brian StantonPhD and Managing DirectorTree Improvement for GreenWood Resources

Sponsors:

7:30 Registration & Coffee

8:30 Chairperson’s Opening Remarks

8:45 OPENING KEYNOTE ADDRESS: After the “Pine Beetle:Evaluating the Opportunities for PrivateInvestment in British-Columbian Silviculture IQPC is honored to welcome Pat Bell, the Canadian Minister forForest & Range, as the opening keynote speaker at the 7thTimberland Investment Summit. Pat will use his keynote session toexpound on the topic of opportunities for private investment insilviculture in British Columbia following the mountain pine beetleinfestation, also focusing on the new timber pricing policy justannounced.

Pat BellMinister for Forest & RangeBritish Columbia

9:30 ANALYST KEYNOTE ADDRESS:Inflation, Deflation, and the Threat of “Double-Dip”: Examining the Impact of Possible EconomicScenarios on Timberland ValuesTimberland’s effectiveness as an inflation hedge is welldocumented: over the course of the 20th century timberlandoutperformed inflation by an average of 3.3% a year. But isinflation really on the cards? Many economists have argued thatdeflation is a likelier scenario, and some have raised the(admittedly rather horrible) spectre of a double-dip recession. Thequestion is: how will timberland values be affected by each ofthese scenarios? To what extent should economic uncertaintyinfluence investment strategies in the asset class? IQPC is honoredto welcome as its keynote speaker Steven Chercover, one of theworld’s top forest & paper products analysts, who will focus on:

• Examining the inflationary pressures in the US economy: dollarweakness and expanded monetary supply

• Examining the deflationary pressures: Widespread creditcontraction and unemployment increases

• Indicators as to whether inflationary or deflationary pressureswill triumph over the next few years

• Understanding how timberland values respond to inflationary,deflationary, and recessionary pressures – and what each of thescenarios will mean for a given portfolio


10:15 Morning Networking Break

11:00 The US Housing Market: Understanding the Future Prospects for theMajor Driver of Future Timberland DemandFor a timberland discussion to be meaningful, the US housing marketis the 8,000 pound gorilla in the room that needs to be addressed.Weakness in the US housing market has traditionally been adepressive influence on the lumber market, but recently the situation

has been complicated by a weakened supply chain which has createdthe oddly anomalous spectacle of soaring lumber futures. How willthese forces resolve themselves in the short, medium, and long term– and what will be the implications for timberland investments? KeithBalter, Senior Economist of Forest Capital Partners and a longstandingcommentator on the US housing market, will provide meaningfulinsights in the following key areas:

• A closer look at the performance of the US housing marketover previous decades

• Examining the correlation between housing starts, lumberprices, and timberland values

• Gauging the future prospects for the US housing market:demographics and economics

• Does US housing matter to the US timber market? Housing andmarket fundamentals

Keith BalterPrincipalForest Capital Partners

11:45 Taking the Temperature of the North AmericanBiomass MarketWith a near national consensus on the desirability of renewableenergy sources, the biomass market is increasing in size andimportance – and with major implications for timberlandinvestors. What are the near-term growth prospects? Longer-term,what proportion of energy needs might theoretically be met bywoody biomass?

• Taking a closer look at the pressures driving the growth ofbiomass as a fuel source:

• The demand for renewable energy sources• The need to reduce energy dependency• Federal and state assistance, including BCAP (Biomass Crop

Assistance Program)• Understanding how the biomass market varies on a state-by-

state basis• How the growth in the biomass market affects the overall

supply-demand equation for timberland

Peter BaryninPrincipal Timber EconomistRISI

12:30 Networking Luncheon

1:45 Factors Affecting North American Supply: Mountain Pine Beetle, Harvesting Trends, andthe Health of the Supply ChainSeveral factors are complicating North American supply-sidedynamics. On the one hand, due to harvest delays, stumpagelevels are at an all-time high, and some commentators havespeculated on the possibility of a supply-side glut if demandreturns and everyone harvests at the same time. On the otherhand, the supply chain is weakened. How effectively and quicklycan harvesting actually take place, even if the will is there? Andfinally, the Mountain Pine Beetle continues to lay its disruptivelarvae in the middle of the supply side equation. Brendan Lowneyand Rocky Goodnow – two leading experts in North American

Main Conference Day OneThursday, June 24, 2010

“It was a pleasure to participate in the conference. I enjoyed meeting with colleagues

in the industry and learned a number of new things. I will look forward to IQPC’s future

timberland events!” Chung-Hong Fu, Managing Director, Economic Research & Analysis, Forest

Investment Resources


supply-side dynamics – will look at this key issue from a numberof directions, including:

• Examining the impact of Pine Beetle infestations on NorthAmerican inventories

• Understanding the effect of the economic downturn on thehealth of sawmills and logging companies

• Quantifying the extent of harvest delays on overall stumpagelevels: Will the net consequence of an uptick in demand be aglut of supply?

• Forecasting the impact of regulatory changes on supply dynamics


Rocky GoodnowDirector, TimberForest Economic Advisors LLC

2:30 Timberland Values: Time to Buy or Time to Sell?With so much economic uncertainty and so many conflictingvariables, the future of timberland values may well seemimpossible to predict. But for timberland investors the stakes (andthe rewards) are high, and it’s essential that decisions are madewith the full complement of available insight. For this extendedpanel session, we bring together four heavyweight timberlandthinkers to roll up their sleeves and get deep into the topic. Amust attend panel for any serious timberland investor.

• What determines the price of timberland? Getting to grips withthe full range of contributing factors

• Examining the historical price record: Do timberland valuesmove in cycles?

• A closer look at the prospects for paper, pulp, packaging, woodproducts – both internationally and at home

• Incorporating supply issues into the value equation: Howcapable is the North American productive base of responding todemand? What are the implications for timberland prices?

• Making an informed decision about whether timberland valuesare currently near a top, representing a selling opportunity, ornear a bottom, representing a buying opportunity

Chung-Hong FuManaging Director, Economic Research & AnalysisForest Investment Resources


Joel ShapiroCEOTimbervest

Jamie GreenoughBroker & AnalystGlobal Securities Corp

3:15 Afternoon Networking Break

4:00 Interactive Roundtable Discussions:The timberland landscape is fragmented and complicated, with avariety of attractive investment destinations competing for theattention of the investor. In this exciting, interactive conferencesession, we ask 5 leading TIMOs to nominate their top investmentopportunity, and share the reasons for their selection with anintimate group of delegates from the audience.

Places on each roundtable will be awarded on a first-come, first-servedbasis – so make sure you book early to be sure of your first choice!

Investment Opportunities in Brazilian Timberland

Aldo de Cresci NetoPartnerFMGCN

Unlocking Liquidity in Timberland Investments

David BranchManaging DirectorJohn Hancock Financial Services

5:00 End of Main Conference Day One

8:30 Pension & Endowment Fund Think Tank- 9:30 By Invitation Only

The Pension & Endowment Think Tank is an hour long discussionmini-track limited to 15 participants from pension andendowment funds. There are two levels of participation: You canbe among a select group of leaders that will bring to the forefrontone topic of interest or challenge you are facing right now. Oryou can be an attendee and take advantage of an exclusivenetworking opportunity that is focused on your specific needs.Attendance is strictly limited to pension and endowment funds,and all discussions are off-line and off the record. Key discussionareas will include:

• Portfolio optimization strategies• Market timing and access strategies• Comparisons with other alternative asset classes• Risk management for timberland investments

Pension funds confirmed (as of 02/19/10) include: Mass-PRIM, Dallas Police & Fire Retirement System, APG, TIAA-CREF & CPP Investment Board

9:00 Registration & Coffee

9:40 Chairperson’s Opening Remarks

9:50 KEYNOTE ADDRESS:The Changing Investment Landscape: Does the TIMO or the REIT Own the Future?You asked us to bring back Joel Shapiro. We listened – andawarded him his own keynote address on the future of thetimberland investments space! This unmissable session will delvedeep into the factors currently affecting change in the timberlandlandscape, including considerations on the structures that willdominate the future and the ongoing dynamic between TIMOsand REITs. Specific focus areas will include:

• Evaluating the pros and cons of TIMOs and REITs• Liquidity considerations• Taxation considerations• Appropriateness of each structure for differing investment

horizons• Examining the factors that will determine whether the TIMO or

REIT structure stands to benefit in the future

Joel ShapiroCEOTimbervest

Main Conference Day TwoFriday, June 25, 2010

Back by Popular

Demand!

5Sponsors:

10:35 International Trends in Timberland InvestmentsThe 7th Timberland Investment Summit is focused on NorthAmerican investment opportunities. Nevertheless, the audience isinternational in outlook, and there is strong interest in the globalpicture for timberland investments. Dennis Neilson of DANA – whohas made a name for himself in recent years by publishing theindustry’s pre-eminent report on timberland markets globally – willpresent the findings of his latest study, with a particular focus on:

• The size of institutional investment – North America versusinternational

• Historical trends of international investment – scale and players• New international investment trends – the sizzle countries and

outlook• Changing investment return targets• International country risk analysis


11:20 Morning Networking Break

12:05 Reassessing the Role of Timberland withinInstitutional Portfolios: A Comparison with Alternative Asset ClassesIQPC is honored to unveil its largest and most significant investorroundtable ever – with senior decision-makers confirmed fromMass-PRIM, APG, TIAA-CREF, CPP Investment Board, and DallasPolice & Fire Retirement System. This extended panel discussionwill cover all aspects of the asset class from the viewpoint ofinstitutional investors, including its suitability as an inflationhedge, its role within an alternatives portfolio, and the mosteffective diversification strategies within the asset class itself:

• A closer look at the attractiveness of timberland from aninstitutional perspective:

• Biological growth• Inflation hedging• Low volatility• Reduced stock market correlation

• Considerations on the size of timberland allocation within aninstitutional portfolio

• Diversification strategies within the timberland allocation:determining the optimal mix of geographies, species-types, andmanagement styles

• Institutional risk management strategies for timberlandinvestments

Tim SchlitzerSenior Investment Officer, Real Estate and TimberlandMassachusetts PRIM Board

Colin CarltonVP, Investment ResearchCanada Pension Plan Investment Board


Sue Ryan GoodmanPortfolio Manager, Real Estate & TimberAPG Asset Management

Sandy LaBaughDirector, Alternative InvestmentsTIAA-CREF

1:15 Networking Luncheon

2:15 Maximizing Returns from “Higher Better Use”LandDespite (at the time of writing) soaring lumber futures, the long-term prospects for timber prices remain uncertain – and manyinvestors continue to look seriously at alternative strategies forextracting value from their timberland assets. HBU – Highest BestUse – a broad term which encompasses numerous alternativerevenue streams, is well understood – but what’s less wellunderstood is precisely how landowners should go about settingup alternative revenue streams, which streams they shouldprioritize, and how they should be maximized. Steven Diebenowis one of the world’s top experts in this niche field, and in thissession he will deliver strategies for:

• Examining the benefits of designating and identifying HBU land• Understanding the most effective valuation techniques for HBU

land• Prioritizing HBU land: A rural real estate analysis to determine

which variety of HBU will be most valuable• Incorporating HBU land into your portfolio strategy


3:00 Exploring the Economics of Harvest Timing:Is Conventional Wisdom Accurate in the CurrentEnvironment?The conventional wisdom of industrial timberland management isthat when timber prices are weak, managers maximize value byharvesting the minimum amount of trees possible, deferringfurther harvest until timber prices recover. The presumption is thatfuture value – driven by continued biological growth plus higherfuture timber prices – will more than make up for the weakcurrent cash yields resulting from minimal harvest operationstoday. This strategy appears to be widely followed by timberlandmanagers during the current period of weak timber prices.

In this continuing extraordinary timber price environment,however, it is appropriate to ask: under what set of circumstancesmight the conventional wisdom to defer harvests fail to maximizevalue? Might the unusual distress of the recession and its profoundimpact on timber prices suggest a different approach to harvesttiming? Is there a contrarian opportunity to accelerate harvesting,maximizing current cash flow in exchange for reduced futurepotential value? Does the duration of low timber prices suggestthat cutting now might be better than waiting it out?

Tim CorrieroManaging DirectorFIA Timber Partners

3:45 When Models Disagree: Examining the Extent and Implications ofConflicting Forecasting Models • Dissecting forecasting models: how they work, the assumptions

they make, how accurate are their predictions• Understanding the extent to which timberland forecasting

models disagree: Quantifying the financial implications ofconflicting models

• Comparing current forecasts for major North Americantimberland regions: SE, NE, West Coast & Canada, etc.

• Examining strategies for reconciling differences betweenforecasts

• Where do the forecasts agree that timberland investing lookspromising, unpromising and unknowable going forward?

Dr Jeffrey P. PrestemonResearch Forester, Forestry Sciences LaboratorySRS USDA Forest Service

4:30 End of Conference


Please note prices are in Canadian Dollars and are subject to a 5% GST.

Please note multiple discounts cannot be combined.

A $99 processing charge will be assessed to all registrations not accompanied by credit card payment atthe time of registration.

MAKE CHECKS PAYABLE IN CANADIAN DOLLARS TO: IQPC

* CT residents or people employed in the state of CT must add 6% sales tax.

Team Discounts: For information on team discounts, please contact IQPC CustomerService at 1-800-882-8684. Only one discount may be applied per registrant.

Special Discounts Available: A limited number of discounts are available for thenon-profit sector, government organizations and academia. For more information,please contact customer service at 1-800-882-8684.

Details for making payment via EFT or wire transfer:JPMorgan Chase - Penton Learning Systems LLC dbaIQPC: 957-097239ABA/Routing #: 021000021Reference: Please include the name of the attendee(s) and the event number:10683.006

Payment Policy: Payment is due in full at the time of registration and includeslunches and refreshment. Your registration will not be confirmed until payment isreceived and may be subject to cancellation.

For IQPC’s Cancellation, Postponement and Substitution Policy, please visitwww.iqpc.com/cancellation

Special Dietary Needs: If you have a dietary restriction, please contact CustomerService at 1-800-882-8684 to discuss your specific needs.

©2010 IQPC. All Rights Reserved. The format, design, content and arrangement ofthis brochure constitute a trademark of IQPC. Unauthorized reproduction will beactionable under the Lanham Act and common law principles.

Sponsorships and exhibits are excellent opportunities for yourcompany to showcase its products and services to high-level, targeteddecision-makers attending the 7th Timberland InvestmentSummit. IQPC and Finance IQ help companies like yours achieveimportant sales, marketing and branding objectives by setting aside alimited number of event sponsorships and exhibit spaces – all ofwhich are tailored to assist your organization in creating a platform tomaximize its exposure at the event.

For more information on sponsoring or exhibiting at the 7thTimberland Investment Summit, please contact Mario Matulichat 212-885-2719 or [email protected].

Borden Ladner Gervais LLP (BLG) is Canada’s largest full-service law firm. With more than 750 lawyers, intellectualproperty agents and other legal professionals in six offices, BLGprovides corporate, litigation and intellectual property solutionsto a wide range of clients nationally and internationally. As abilingual English-French firm, BLG excels under Canada’scommon and civil law systems. BLG’s leading forestry law

practice includes extensive experience in all facets of forestry law, includingregulatory, M&A, financing, environmental, trade and Aboriginal issues.Team members have acted for private and public forestry companies as wellas the provincial and federal governments in a wide range of forestry lawmatters and transactions.

FLEURY MALHEIROS, GASPARINI, DECRESCI E NOGUEIRA DE LIMAADVOGADOS is the law firm in Brazil thatformed a team of lawyers with over 7 years

of experience in various types of timberland investments in Brazil(sustainable use of natural forests in the North of Brazil, development of

plantations of teak in the West and plantations of Eucalyptus and Pinus inthe Northeast, Southeast and South). Website: www.fmgcn.com.br

RISI's mission is to create the highest quality informationfor and about the global forest products industry anddeliver it to customers as part of value-added solutions.We work with clients in the pulp and paper, wood

products, timber, tissue and nonwovens industries to help them make betterbusiness decisions. Website: www.risiinfo.co

To meet your financing needs, JOHN HANCOCK’SNATURAL RESOURCES TEAM combines outstandingexpertise in global oil and gas and forest products

finance with extensive knowledge and exceptional access to globalcorporate bond markets. John Hancock is the sole insurance companylender combining natural resources and corporate bond professionals intoone group. Our team members have direct oil, gas, and forest industryexperience and our investments include timberland mortgages, private andpublic bonds, mezzanine debt and private equity.

Sponsorship And Exhibition OpportunitiesPan Pacific Hotel Vancouver300 – 999 Canada Place, Vancouver, BC V6C 3B5(604) 662-8111 • www.PanPacific.com/Vancouver

IQPC has secured a special group rate for 7th Timberland Investment Summitparticipants at the Pan Pacific Hotel of $229 (16.5% taxes) per night. Forreservations, please contact the Pan Pacific directly at 604-662-3223 or 1-800-663-1515 (Canada) or 1-800-937-1515 (USA). Identify you are part ofthe IQPC – Timberland Investment Summit to ensure the special rate. Pleasemake your reservation before June 2, 2010 in order to ensure you are eligiblefor the group rate. Note that you are also eligible for this rate three day priorand three days post the event based on availability.

About the Venue

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Discounts can not be combined.

7th Timberland Agenda

Documents