Caney Valley Tract (#4544): SE of SE, Section 27; All of SW except the SE of SW, Section 26; all located in Township 5 South, Range 24 West, containing a total of 160 acres, more or less, Pike County, Arkansas (see attached map). Access is easement on woods road from south and woods roads from northwest. Terrain is gently rolling. Merchantable timber consists of native pine and hardwood. Site index for loblolly pine averages eighty-two (82) feet (base age 50) on fine sandy loam soils. Based on owner's inventory (audited by Kingwood Forestry), timber estimates are as follows:

Pine Sawtimber: 1,642 Tons

Oak Sawtimber: 924 Tons

Gum & Misc. Sawtimber: 335 Tons

Pine Pulpwood: 223 Tons

Hardwood Pulpwood: 2,352 Tons

Due to variations in cruising methods, utilization standards and scaling practices, volumes cannot be guaranteed.

--------------------------------------------------------------------------------

Rosboro Loop Tract (#4545): NE of SE, Part of E of NW of SE, Part of E of SW of SE, Part of W of SW of SE, Section 20; Part of N of NW of NE, Section 29; all located in Township 5 South, Range 23 West, containing a total of 89.99 acres, more or less, Pike County, Arkansas (see attached map). Access is frontage on paved Rosboro Loop. Terrain is gently rolling. Timber primarily consists of good quality native pine. Approximately 3-acre rock quarry/gravel pit on tract. Site index for loblolly pine averages seventy-seven (77) feet (base age 50) on fine sandy loam soils. Based on owner's inventory (audited by Kingwood Forestry), timber estimates are as follows:

Pine Sawtimber: 2,805 Tons

Oak Sawtimber: 231 Tons

Gum & Misc. Sawtimber: 134 Tons

Pine Pulpwood: 352 Tons

Hardwood Pulpwood: 1,107 Tons

Due to variations in cruising methods, utilization standards and scaling practices, volumes cannot be guaranteed.

--------------------------------------------------------------------------------

Method of Sale: These tracts will be sold on the basis of lump sum sealed bids. Offers may be submitted on one or both tracts. An offer form is attached. Bids will be opened at the Kingwood Forestry office at #4 Executive Circle, Arkadelphia, Arkansas at 10:00 a.m., Friday, October 7, 2016. Buyers submitting offers are welcome to attend the bid opening. Mailed offers should be addressed to Kingwood Forestry Services, Inc., P.O. Box 65, Arkadelphia, AR 71923 with "Pike County Land Sales" clearly marked in the lower left corner of the envelope to protect security of the offer. On mailed offers, please call our office prior to bid opening to confirm receipt of offer. Offers may be delivered by fax to 870-246-3341 or by e-mail. All faxed / e-mailed offers will be immediately acknowledged; please await confirmation that your faxed / e-mailed offer has been received. No verbal telephone offers will be accepted.