TIMBER: Apx 1,129 +/- acres planted loblolly pine, 15 to 30 + years, timber estimates of $1500 per overall timbered acre

Timberland was former farmland with above-average site indexes (est. 80) and can easily be converted back for farming

Great timber markets in the area, good number of stands merchantable now to help offset any conversion costs

SOILS: Very good, Class II soils- Majority is Chipola, Red Bay, Greenville, Troup, Orangeburg, and Albany

Less than 18% wetlands across the entire operation. Significant water features (described below)

WATER & IRRIGATION

19 center pivots totaling 1,769+/- acres currently irrigated (11 pivots/1051+/- acres on Deeded Land, 8 on Leased Land)

Generous 20-year water-use permitting already negotiated

Plans/schematics for an additional 2,280+/- acres of center pivots on Deeded Land

SPRINGS:Waddell's Spring - Magnitude 2 and bottled water quality, permits being secured, three observation wells already drilledBaltzell Spring Complex - Magnitude 2, very beautiful with run to Chipola River

LAKE: The historic and spring-fed 170+/- acre lake "Waddell's Mill Pond"

WELLS: 39 Existing Wells on Deeded Land (15 irrigation wells, 14 livestock wells, 4 monitoring wells, 3 observation wells, 2 domestic and 1 public well). Six additional permitted irrigation wells not yet constructed.

RIVER: Over a mile of frontage on the Chipola River, 5.7+/- miles on Russ Mill Creek, Apx 1 mile on Spring Branch, and nearly 3 miles on Waddells Mill Creek.

65,000 sq. ft. warehouse/future bottling facility at I-10

STRUCTURES & OTHER IMPROVEMENTS

State-of-the-art Sale Barn with auction auditorium, corporate offices, and entertainment facilities

Show Barn

Donor Barn/Embryological Transfer Facility

4 Hay Barns, 180' x 200'+/- and valued at $250,000 each

Numerous equipment barns, sheds

Boathouse on Waddell Mill Pond

Conservative estimates of over 150 miles of fence with a majority high quality woven wire with wooden posts

Six working set-ups/working pens

Nine houses for employees and/or rental income

LIVESTOCK OVERVIEW:

Over 3,287 Head of Cattle (request breakdown from broker), and estimates of 2,000+/- calves by March 2016, at a Value of Apx. $6,000,000 with over a dozen different breed varieties and specializing in Angus, Brangus, and Charolais

90 Head of Southern Cattle Company cutting horses at a value of $1,000,000 per the Equine Manager (Plus

50 units of frozen Southerns Booncat semen (Sired by the celebrated Peptoboonsmal, ranked 7th for all-time reined cow horse sires and 8th among all-time cutting sires))

Frozen Inventories (Cattle) - 2,687 Embryos at an average of $350-$500/Unit and 29,161 Semen at an average of $20/Unit; Estimated Value of Apx $1,000,000

*Inventories change daily. Ask Broker for current inventory list.

EQUIPMENT:

Equipment list by request.

WILDLIFE/RECREATION:

Jackson County is well-known for producing very good whitetails. There is an abundant population of turkey on the ranch. The fishing and boating/kayaking opportunities on the lake and on the Chipola River are second-to-none in Florida. The Chipola is one of the most beautiful rivers in the state.

LOCATION:

Southern Cattle Company is located on Hwy 231 approximately 10 miles northwest of Marianna in Jackson County, Florida, just 25 miles south of Dothan, Alabama. The Florida Caverns State Park borders the property to the south, and the UF/IFAS Extension Education Center at Greenwood is to the northeast with whom Southern Cattle Company has partnered by sending SCC cattle for extensive genetic research for feed efficiency.