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                                Log Export Monitoring
                                        Monthly Report
                                                            For

                                        December 2022
                               Exported Log Volume vs FOB - Last 10 Years
              4500000                                                                            1.4E+09
              4000000
                                                                                                 1.2E+09
              3500000
                                                                                                 1E+09
              3000000
VOLUME (M3)




                                                                                                             FOB (KINA)
              2500000                                                                            800000000

              2000000                                                                            600000000
              1500000
                                                                                                 400000000
              1000000
                                                                                                 200000000
              500000
                    0                                                                            0
                        2013   2014   2015   2016    2017     2018   2019   2020   2021   2022
                                                        YEAR


                                                Volume (m3)          FOB (Kina)



                                                       to the




                  Papua New Guinea Forest Authority

                                                    March 2023

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Monday 13th March 2023

Dear Reader,


          Re: EXPORT LOG MONITORING

Please find attached a copy of the SGS PNG monthly report on its log export monitoring activities for
the month of December – 2022. A comprehensive range of log export statistical tables and results of
the SGS PNG inspection services has been included.

A total of 71 inspections were carried out this month. Of these, serious discrepancies were detected
and corrected for 9 shipments. This represents 13 percent of all shipments. The total volume
inspected was 279,834 m3 for the month. Logs exported without initially being declared for export by
exporters totalled 295 m3. Supplementary declarations by the exporters were required for all these
logs, in order to ensure that The State obtained the full financial benefits of the total log export
cargoes.

Financial highlights due to export monitoring for this month are as follows:

  Additional Log Export Development Levy collectable (K)                                                                 1,158
  Additional Customs Duty collectable (K)                                                                               34,674
  Additional Foreign Exchange (K)                                                                                       69,479
  Estimate of Additional Tax Revenue (K)                                                                                20,844

The following table summarises the benefits of the monitoring Agreement to Papua New Guinea for
the year to date, and the previous two years.

                                                                                          2020                    2021                   2022
Direct Project Expenses (K)                                                             7,898,979             8,996,138               7,365,691
Additional Development Levy Payable (K)                                                    33,594                15,037                  15,722
Additional Customs Duty Payable (K)                                                       649,020               284,646                 328,364
Additional Tax Payable IRC (K, Estimate)                                                  428,608               189,754                 213,460
Additional Foreign Exchange (K)                                                         1,428,694               632,511                 711,539

Deterrent Effect (K, additional foreign exch. Estimate)                                 45,579,316            46,262,591                51,961,897
Note: 2022 figures are for January to December.


SGS has noted a significant decrease in discrepancies over time since surveillance services were
established in late 1994. This on-going ‘deterrent effect’ has been estimated by the PNGFA as five
per cent of the FOB value of log exports.

When reviewing the export and inspections data, it should be noted that not all shipments inspected
during the month were exported before month’s end.

For any change of address or if you would like to add a name to the mailing list or be removed from
the mailing list, please contact the SGS office by email, telephone or fax, at your convenience.
Similarly, please advise if you would prefer to receive an email copy of the report instead of a
printed copy.



                      PO Box 1260, Port Moresby, NCD Tel: (675) 323 1433 Fax: (675) 323 1697 E-mail:pg.portmoresby@sgs.com Web:www.sgs.com
                                                                            Member of the SGS Group (Société Générale de Surveillance)

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Yours faithfully




Bruce Telfer
Country Director
SGS PNG Ltd
Port Moresby




                   PO Box 1260, Port Moresby, NCD Tel: (675) 323 1433 Fax: (675) 323 1697 E-mail:pg.portmoresby@sgs.com Web:www.sgs.com
                                                                         Member of the SGS Group (Société Générale de Surveillance)

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                       Highlights of Log Exports in 2022
1. In 2022, the highest log volume export was in December with 385,257 m3 followed by April
   (313,535 m3). The lowest volume export was in August with 197,583 m3 (See Graph 1).

2. East New Britain Province was the major exporter in 2022 amounting to twenty-one per cent
   of the yearly total, followed by West New Britain at (20.8 per cent) and New Ireland (14.5 per
   cent). West Sepik province achieved the highest FOB in Kina for the year. This was a result
   of the high volume of kwila exported. (See Graph 2)

3. Eighty per cent of the total log volume shipped in 2022 was rainforest saw veneer logs. Low
   grade log export amounted to seventeen per cent. (See Graph 3).
4. In 2022, China continued to be the major export destination, taking eighty per cent of the
   yearly total volume, followed by Vietnam at ten per cent. (See Graph 4)

5. This year, group one specie continued to be the major log group shipped at sixty-seven per
   cent of the total export volume, followed by group four at fourteen per cent. (See Graph 5)

6. Taun was the dominant group 1 species exported in 2022 totalling 659,466 m3 followed by
   kwila with 279,330 m3 and, malas with 192,308 m3. This comparison is for group 1 specie
   only. (See graph 6)
7. KK Connections Ltd group of companies topped the log volume export in 2022 with 273,126
   m3 followed by Rimbunan Hijau (PNG) Ltd group of companies with 261,404 m3. (See Graph
   7).

8. Forest Clearance Authority (FCA) contributed thirty-three per cent of the total log volume
   export in 2022. Timber Permit (TP) projects contributed fourty-one per cent the log export for
   the year. (See Graph 8)

Page 4 screenshot
                                             Graphical Summaries for Logs exported in 2022

                                                                                     Log Volume exported vs FOB by Month for 2022
                        500000                                                                                                                                                                      140000000
                                                                                                                                                                                        116179530
                                                                         107189375                                                                                                                  120000000
                                                                                                                                                              100060610
                        400000                                                                                                                   93930613
                                 84768210                                                          88036606      84201398                                                                           100000000
                                                79030260                               80810480
          Volume (m3)




                                                                                                                                                                                                                FOB (Kina)
                                                             68361647                                                                70188331                                            385257
                        300000                                                                                                                                              66480882                80000000
                                                                          313535
                        200000    261427                                                                             267015                       280263       279892                               60000000
                                                                                       248882
                                                 202106       204914                                220382                                                                   201616                 40000000
                                                                                                                                      197583
                        100000
                                                                                                                                                                                                    20000000
                             0                                                                                                                                                                      0
                                 January        February      March        April        May         June              July            August     September     October     November     December
                                                                                                             Month


                                                                                                   Volume (m3)                  FOB (Kina)
Graph 1



                                                                                             Log Volume exported vs FOB by Province in 2022
                                                649027.21                                                                                                      637852.63
                        700000                                                                                                                                                                      300000000
                        600000                                                                                                                                             256683187                250000000
          Volume (m3)




                        500000                                                                                                       442795.63




                                                                                                                                                                                                                FOB (Kina)
                                               185270683                                                                                                                    380310.66               200000000
                        400000                                                                                                                                181414790
                                                                                                                                    144315942                                                       150000000
                        300000                                                                                                                                                          225312.04
                        200000   151340.92                   159863.63
                                                                                                   120634.67                                      134113.21                                         100000000
                                                                          78237.18                                   80944.49                                                           60991288
                        100000   44773658                   41359609                    2439.14   35006537                                       42235932                                           50000000
                                                                         24918351                                21654974
                             0                                                         612991                                                                                                       0
                                 CENTRAL       EAST NEW     EAST SEPIK   MADANG        MANUS      MILNE BAY      MOROBE           NEW IRELAND      ORO        WEST NEW     WEST SEPIK   WESTERN
                                                BRITAIN                                                                                                        BRITAIN
                                                                                                           Province


                                                                                                   Volume (m3)                  FOB (Kina)
Graph 2

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                             Log Volume exported (m3) by Log Grade in 2022
                                                 Plantation, 80955.503, 3%
          Low Grade, 527090.303, 17%




                                                                                      Saw Veneer, 2454825.593, 80%


                                         Saw Veneer           Low Grade           Plantation
Graph 3



                             Log Volume (m3) exported by Destination in 2022
           South Korea, 80971.48, 3%
                Malaysia,                         Vietnam, 301673.27, 10%
               81990.51, Taiwan, 54319.58, 2%
                   3%
                                     Philippines,
                                     5117.34, 0%
           Japan, 18475.84, 0%

                     Indonesia, 9.32, 0%

                   India, 77800.62, 2%




                                                                     China, 2442513.45, 80%




Graph 4

Page 6 screenshot
                                                                                    Log Volume (m3) exported by Species Group in 2022

                                                2,500,000.00


                                                2,000,000.00        2,066,249.90
                                  Volume (m3)




                                                1,500,000.00


                                                1,000,000.00


                                                 500,000.00                                                                                                                                        441,732.37
                                                                                                  237,198.60                                  317,690.54


                                                       0.00
 Graph 5                                                  Group 1                               Group 2               Species Group              Group 3                                              Group 4



                                                                                   Log Volume (m3) exported for group 1 species in 2022
                                                                                                                                                                            659,465.86
                         700,000.00
                         600,000.00
                         500,000.00
           Volume (m3)




                         400,000.00                                                        279,330.34
                         300,000.00          187,418.30                                                        192,307.90                                                                         172,783.15
                         200,000.00                   119,410.88                                                         91,841.66 65,271.30
                                    47,253.28                   75,535.98
                                                                          20,914.93 256.49                                                   45,855.17 80,956.50                                           13,465.43
                         100,000.00                                                                   8,173.67                                                   5,489.88                519.19
                               0.00




Graph 6                                                                                                            Group 1 species

Page 7 screenshot
                                                                                             Graph 7
                                                                                                                                                                                      Volume (m3)




                                                       0.00
                                                                                                     50,000.00
                                                                                                                                                                      100,000.00
                                                                                                                                                                                                            150,000.00
                                                                                                                                                                                                                                      200,000.00
                                                                                                                                                                                                                                                                        250,000.00
                                                                                                                                                                                                                                                                                                           300,000.00




                              Active Forest Limited




                                                                                                                            53,656.74
                 Amanab 56 Timber Investments Ltd
                       Amanab Forest Products Ltd


                                                                                                                                                                                            117,766.97
                             Aset Meriah (PNG) Ltd




                                                                                                                                                72,749.49 71,149.44
                                 BDSL Shipping Ltd




                                                              4,517.21
                            Bismarck Industries Ltd




                                                                                               32,490.72
                            Cakara Alam (PNG) Ltd
                                                                                                                                                                                                                                                           212,679.28




                               Canopus No. 16 Ltd
                           Continental Alliance Ltd                                                      38,910.70
                                                                                                              30,920.62
                          CS Boss International Ltd
                                                                                                                                                                       88,343.22




                   East Papua Timber Resources Ltd        519.20

                           Everwin Enterprises Ltd
                                                                           26,167.18




                                 Firstmark Limited
                                                                                30,569.49




                                 GL Niugini Pty Ltd
                                                                                     39,055.63




                                    Global Elite Ltd
                                                                                          14,726.76




                        Golden Rise Investment Ltd
                                                                                               16,777.85




                               Green Point Limited
                                                                                                                                                                              98,569.92




                                IFL Investment Ltd
                                                                                                                                     60,774.41




                                      Innovest Ltd
                                                              4,041.23




                   Joinland Management (PNG) Ltd
                                                                                                                                                                                                                                                    203,389.28




                               KK Connections Ltd
                                                                                                                                                                                                                                                                                              273,125.65




                                   Logohu Limited
                                                              27,527.54




                           Low Impact Logging Ltd
                                                                   10,357.11




                                Lucky 99 (PNG) Ltd
                                                                        17,674.38




                             Lucky Logging Limited
Parent Company
                                                                             26,745.83




                              Mekar (PNG) Limited
                                                                                  39,230.71




                        Millennium Corporation Ltd
                                                                                       4,036.83




                                    Milton Limited
                                                                                            50,174.85
                                                                                                                                                                                                                                                                                                                        Log Volume (m3) exported by Parent Company in 2022




                             Musa Century Limited
                                                                                                 54,905.96




                      Northern Forest Products Ltd
                              Open Bay Timber Ltd
                                                                                                           32,521.04




                            Oro Wood Industry Ltd
                                                                                                      39,540.98 39,666.27




                    Pacific Region Development Ltd
                                                                                                                                                                                                                                       188,136.47




                              PJ Plantation Limited
                                                                                                                          27,329.34




                                 PL Connection Ltd
                                                                                                                               33,665.04




                        Reach Niugini Construction
                                                                                                                                    41,861.19




                         Rimbunan Hijau (PNG) Ltd
                                                                                                                                                                                                                                                                                     261,404.22




                                         Samas Ltd
                                                                                                                                                                                          119,061.42




                            Summit Agriculture Ltd
                                                                                                                                                                                               114,216.25




                                   Sunland Limited
                                                                                                     35,050.17




                        Tutuman Development Ltd
                                                                                                                                                                                                         131,755.83




                                       Uni Rise Ltd
                                                                                     22,436.36




                                  Vanimo Jaya Ltd
                                                                                                                                                                                                                         161,948.39




                                  Viva Success Ltd
                                                                                                  32,871.11




                             Woodbank Pacific Ltd
                                                                                                                                    59,853.17

Page 8 screenshot
                                   Log Volume (m3) exported by Permit Types in 2022

                      LFA, 143,088.27, 5%                   TA, 45,594.10, 1%


                                                                                              FMA, 618,829.77, 20%




          FCA, 1,006,238.03, 33%




                                                                          TP, 1,249,121.27, 41%


Graph 8

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                       Table of Contents
                                Reports
                                                                       pages
                                                           3
1.    Log Exports Monthly Summary for 2022: Volumes (m ),
      FOB Values (USD and Kina) and Duty Payable (Kina)                 1-1

2.    Monthly Actual Shipped Volumes (m3) by Log Grades
      and Species/Groups                                          2-1 to 2-5

3.    Monthly Export Log Revenues (K’000) by Log Grades
      and Species/Groups                                          3-1 to 3-5

4.    Monthly Export Log Revenues (USD’000) by Log Grades
      and Species/Groups                                          4-1 to 4-5

5.    Monthly Average Actual Export Prices (Kina) by Log
      Grades and Species/Groups                                   5-1 to 5-5

6.    Monthly Average Actual Export Prices (USD) by Log
      Grades and Species/Groups                                   6-1 to 6-5

7.    Mean Monthly Endorsed Prices (USD) by Log Grades
      and Species/Groups                                          7-1 to 7-5

8.    Monthly Endorsed Volumes (m3) by Log Grades and
      Species/Groups                                              8-1 to 8-5

9.    Monthly Actual Shipped Volumes (m3) by Log Grade
      and Destination                                             9-1 to 9-4

10.   Monthly Average Actual Export Prices (USD) by Log
      Grade and Destination                                     10-1 to 10-4

11.   Monthly Actual Shipped Volumes (m3) by Export
      Company and Project                                      11-1 to 11-11

12.   Log Exports by Project Site (Volume and Value) for
      December - 2022, and Year to Date                        12-1 to 12-15

13.   Log Exports (Volume and Kina Value) by Province for
      December – 2022, and Previous Periods                            13-1

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14.   Log Export Volumes and Prices by Destination, Grade
      and Group, for December - 2022                         14-1 to 14-3

15.   Log Export Volumes and Prices by Destination and
      Grade for Group 1 Species, for December - 2022         15-1 to 15-3

16.   Monthly Discrepancy Report for December – 2022         16-1 to 16-5

17.   Shipment Duty Calculation Comparison Summary
      for December – 2022                                    17-1 to 17-8

18.   Revenue, Banking, Document and Shipment Details
      for Log Exports by Exporting Company, Project Site
      and Shipment for December – 2022                      18-1 to 18-11

19.   Substantial Log Export Permit Discrepancies in Log
      Volumes Loaded for Export for December - 2022         19-1 to 19-13

20.   Monthly Document Delays for December - 2022            20-1 to 20-5

21.   Log Export Average Prices by Log Grades, Groups
      and Species and by Log Exporter Parent Companies,
      for December – 2022                                   21-1 to 21-11

22.   Annual Project Quotas and Log Exports, Year to
      Date: December- 2022                                   22-1 to 22-4

23.   General Conditions of Service                                 23-1

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                             Log Export Statistics
                                                and
                       Export Monitoring
                           Highlights
                                December 2022
1.   This Report is a post facto summary of log export shipment inspections and log exports for the month
     of December 2022. Individual Log Inspection Reports (LIRs) have been prepared for each shipment
     immediately following the completion of loading. The LIR is forwarded directly to the PNGFA Project
     Supervisor if on site, and to the nominated Boarding Officer for clearance of the vessel. Data in this
     report are based on the LIRs, and post-shipment/commercial documents submitted by exporting
     companies, for Log Export Permits issued by the Papua New Guinea Forest Authority (PNGFA).

2.   Log exports for the month of December 2022 amounted to 385,257 m3 in 90 shipments. (See,
     Report No. 1). Foreign exchange earnings were equivalent to USD33.89 million, with a local
     currency value of K116.18 million.

3.   Log volumes endorsed in December for export amounted to a total of 260,377 m3, this
     volume decreased by 50.3 per cent compared to the previous month. (See Report
     Number 8).

4.   Log export duty collectable by the PNG Customs Services total K49.53 million for the month, with an
     additional K3.08 million payable as export levy (see Report No. 1).

5.   The monthly weighted average f.o.b. invoiced price for all saw/veneer rainforest logs was
     USD95.22/m3 (November 2022: USD107.26/m3), and for all logs was USD87.94/m3 (see Report No.
     6). Average prices for the high value species which includes taun, pencil cedar, calophyllum, kwila and
     PNG mersawa remained generally steady for this month.

6.   Rainforest round logs were exported to five countries in December 2022, predominantly to
     China again (87.0) per cent of the monthly total volume, followed by Vietnam at (7.5) per
     cent and South Korea (2.0) per cent. (See Report No. 9).

7.   During December 2022, Pacific Region Development Ltd was the major exporter with (12.1) per cent
     of the monthly total volume export followed by KK Connections Ltd group of companies at (10.7) per
     cent and Rimbunan Hijau (PNG) Ltd group of companies at (7.9) per cent (See report No. 11 and
     Report No. 12 for more).

8.   Logs were exported from ten provinces during December 2022, where East New Britain Province was
     the major exporter with (29.7) per cent of the monthly total, followed by New Ireland (15.3) per cent
     and West New Britain Province with (14.8) per cent. (See Report No. 13).

9.   SGS PNG Inspectors reported major discrepancies for 18 shipments of logs inspected during
     December 2022. These discrepancies included 115 logs not declared for export which were
     loaded onto vessels and 27 logs for which the species had been mis-declared. (See Report No.
     16, page 16-5)


                                  Executive Summary Page 1 of 2

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Full details of each discrepancy for each shipment are recorded at site on a ‘Notice of Discrepancy’ which is
countersigned by the Exporter, with a copy to the PNGFA’s Project Supervisor at the time of pre-shipment
checking or at loading. A copy of the final ‘Log Inspection Report’ which includes all Notices of Discrepancy
is made available to the PNGFA Boarding Officer at the time of clearance of each vessel for sailing.

Also, in accordance with the well-established log inspection practices, for all logs with a mis-declared species
code, the Exporters are required to endorse the ‘Notice of Discrepancy;’ withdraw the log or correct the species
code on their log tallies and summaries; and ensure that these changes are incorporated into their invoice
documentation. Similarly, for all loaded logs that SGS PNG inspectors detect as being ‘undeclared for export,’
the Exporters are required to sign a Notice of Discrepancy; make a supplementary declaration of these logs; add
the log volumes to their log tallies and summaries; and incorporate the additional volumes into the
documentation relating to Bills of Lading, Invoices and Customs Entries for the collection of export duties and
levies. By immediately correcting the errors as they are detected by SGS inspectors, the State maximizes its
returns from log exports

10.     Updated information on log export quota periods has not yet been made available for the
        various log export projects, and hence the monitoring of export quotas is not presently
        practicable (see Report Number 22).

11.     In December 2022, Pacific Region Development Ltd was the major exporter of low-
        grade logs with (17.9) per cent of the monthly total, shipped at an average FOB of
        USD55.00, followed by Summit Agriculture Ltd with (13.4) per cent and CS Boss
        International Ltd (10.9) per cent. Ninety-nine per cent of these low-grade natural logs
        were exported to China. (See report 9 & 21)

12.     This month, there was an over payment of duty by Wawoi Guavi Timber Co. Ltd by K113,327.00
        under PNGFA export permit number 2210216. This was a result of the use of incorrect tax rate of 45.9
        per cent, instead of the approved rate of 25 per cent, for group four mix species sold at USD60.00. (See
        report 17 for more)

13.     Similarly, Woodbank Pacific Ltd over paid duty by K136,132.00 for a shipment under PNGFA export
        permit number 2211051, because of the use of higher (fixed) tax rate of 49.2 per cent on different price
        range instead of the approved tax rates. (See report 17




                                      Executive Summary Page 2 of 2

Page 13 screenshot
       Log Exports Monthly Summary for 2022:
     Volumes (m3), FOB Values (USD and Kina) and
                  Duty Payable (Kina)
Report printed: 29/01/2023 3:18:10 pm



                                  Volume        Value          Value     Duty (K)     Levy (K)
Month
                                     (m3)    FOB (USD)         FOB (K)    Payable      Payable



January                            261,427    24,794,701    84,768,210   39,174,112   2,091,415

February                           202,106    23,113,074    79,030,260   36,993,837   1,556,945


March                              204,914    19,946,405    68,361,647   30,924,583   1,591,729


April                              313,535    31,245,703   107,189,375   49,386,668   2,494,943


May                                248,882    23,531,153    80,810,480   33,660,106   1,773,023


June                               220,382    25,662,671    88,036,606   42,278,126   1,763,057


July                               267,015    24,518,640    84,201,398   34,954,259   1,941,906


August                             197,583    20,457,409    70,188,331   32,330,823   1,524,045


September                          280,263    27,347,658    93,930,613   42,766,809   2,187,271


October                            279,892    29,167,668   100,060,610   45,295,564   2,239,134


November                           201,616    19,375,851    66,480,882   29,111,140   1,610,550

December                           385,257    33,881,084   116,179,530   49,532,609   3,081,308

Page 14 screenshot
Year to Date           3,062,871       303,042,016   1,039,037,942   466,408,635         23,855,327
Report Number 1:   Page 1 of 1 pages                                               1-1

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    Monthly Actual Shipped Volumes (m3) by Log Grades
                    and Species/Groups

Log Grade:                 Saw/Veneer
                                                                                   Month                                                     12-month
Species / Group
                            12/22        11/22    10/22       9/22     8/22     7/22     6/22     5/22     4/22     3/22    2/22     1/22       total

Burckella                   5,731    4,633        4,262      3,913    2,086    3,197    1,836    4,182    3,184    4,189    1,489    3,135      41,839
Calophyllum               25,955    13,565       14,118     10,442   10,603   11,565    9,036    9,020   15,652    5,958   10,444   16,114     152,473
Dillenia                  16,925    11,205        8,086      6,057   11,557    7,988    5,198   11,374   12,813    7,474    2,707    6,360     107,747
Erima                       8,232    5,101        2,783      5,917    4,026    5,805    3,724    4,539    8,983    6,539    6,112    7,073      68,834
Grey Canarium               2,430         334     1,301      1,388     639     1,834    1,122    1,354    1,750     829     1,889    2,939      17,810
Hekakoro                       77           2       24           7                 3        8        2      76       21        7        6            233
Kwila                     25,555    19,651       42,158     23,707   22,031    8,604   34,875    2,939   24,884   10,341   28,294   10,897     253,936
Lophopetallum/Perupok         890         231      559        595      336     1,090     322      546      943      486      208      575        6,781
Malas                     16,361    15,351       14,129     10,891   11,812   12,535    8,660   18,486   13,420   15,157    5,887   14,359     157,049
Pencil Cedar              13,866     4,290        6,815      6,075    3,731    7,701    5,613    4,061    6,476    5,427    5,650    6,596      76,302
PNG Mersawa                 4,338         133     2,590      7,964    2,299    4,990    5,219     695     2,279    4,667    7,127    7,727      50,029
PNG Walnut                  4,650    1,538        1,561      2,795     508     2,762    2,292    3,450    3,823    3,192    3,550    3,000      33,119
Red Canarium              10,008     3,935        7,679      7,823    3,399    6,455    2,619    6,264    5,890    4,317    3,273    6,701      68,364
Red Planchonella              704         168      191        455      186      353      318      236      607      118      609      405        4,351
Taun                      58,909    31,522       26,410     57,626   32,064   47,641   30,598   49,170   50,385   41,847   37,118   41,820     505,110
Terminalia                16,417     7,579       10,815     11,735    6,199    9,283    7,409    8,732   10,480   10,572    8,167   11,131     118,520
White Planchonella            663         318      526        782      758     1,163    1,047    1,024    1,419    1,104     491     1,901      11,196

Field98:
Group 1 Species Total    211,712 119,556 144,008 158,174 112,236 132,968 119,897 126,075 163,063 122,240 123,022 140,740                     1,673,691
Field98:
Group 2 Species Total     17,644     4,816       11,751      8,348    9,075   14,222   15,832    9,811   16,494   13,624    9,570   15,964     147,152
Field98:
Group 3 Species Total     33,944    12,029       24,466     20,568   15,808   23,565   22,331   16,483   31,642   15,728   12,995   29,646     259,206

Field98:
Group 4 Species Total     48,394    15,477       29,259     39,134   20,613   37,252   29,207   30,799   44,188   18,136   29,672   31,274     373,404


Grade Total (m3)         311,694 151,878 209,484 226,224 157,732 208,008 187,267 183,167 255,387 169,729 175,259 217,624                     2,453,454



Log Grade:                 Plantation diam 60+ cm: regular
                                                                                   Month                                                     12-month
Species / Group
                            12/22        11/22    10/22       9/22     8/22     7/22     6/22     5/22     4/22     3/22    2/22     1/22       total

Terminalia                                                                      980              4,065                       430                 5,476
Group 2 Species                34                              30       23      147               392      357       15      189                 1,188

Field98:
Group 1 Species Total                                                           980              4,065                       430                    5,476
Field98:
Group 2 Species Total          34                              30       23      147               392      357       15      189                    1,188


Grade Total (m3)               34                              30       23     1,127             4,458     357       15      619                6,663




Report Number 2:     Page 1 of 5 pages      Date Printed:               29/01/2023 3:19:29 pm                                                2- 1

Page 16 screenshot
Report - Monthly Actual Shipped Volumes (m3) by Log Grades and Species/Groups           continued



Log Grade:                     Plantation diam 50 - 59 cm: small
                                                                                    Month                                                  12-month
Species / Group
                               12/22        11/22   10/22      9/22    8/22      7/22      6/22       5/22   4/22   3/22    2/22    1/22      total

Terminalia                                                                      1,874                3,600                   753               6,227
Group 2 Species                   21                            275     130      647                  803    357     252    1,180              3,666

Field98:
Group 1 Species Total                                                           1,874                3,600                   753                  6,227
Field98:
Group 2 Species Total             21                            275     130      647                  803    357     252    1,180                 3,666


Grade Total (m3)                  21                            275     130     2,522                4,403   357     252    1,933             9,893



Log Grade:                     Plantation diam 40 - 49 cm: super small
                                                                                    Month                                                  12-month
Species / Group
                               12/22        11/22   10/22      9/22    8/22      7/22      6/22       5/22   4/22   3/22    2/22    1/22      total

Terminalia                                                                      5,133                4,034                  1,077             10,244
Group 2 Species                   28                           1,927    801     3,258                6,851   953    1,428   2,268             17,515

Field98:
Group 1 Species Total                                                           5,133                4,034                  1,077             10,244
Field98:
Group 2 Species Total             28                           1,927    801     3,258                6,851   953    1,428   2,268             17,515


Grade Total (m3)                  28                           1,927    801     8,391               10,885   953    1,428   3,345            27,759



Log Grade:                     Plantation diam 30 - 39 cm: baby small
                                                                                    Month                                                  12-month
Species / Group
                               12/22        11/22   10/22      9/22    8/22      7/22      6/22       5/22   4/22   3/22    2/22    1/22      total

Terminalia                                                                      2,852                 786                                      3,638
Group 2 Species                    7                           3,122   4,002    7,925                5,122          2,712   1,590             24,480

Field98:
Group 1 Species Total                                                           2,852                 786                                         3,638
Field98:
Group 2 Species Total              7                           3,122   4,002    7,925                5,122          2,712   1,590             24,480


Grade Total (m3)                   7                           3,122   4,002   10,777                5,908          2,712   1,590            28,118



Log Grade:                     Plantation diam 20 - 29 cm: tiny small
                                                                                    Month                                                  12-month
Species / Group
                               12/22        11/22   10/22      9/22    8/22      7/22      6/22       5/22   4/22   3/22    2/22    1/22      total

Teak (a) little small (plntn                  49                                                                                                    49
Teak (b) tiny small (plntn)                  159                        138                                                                        297
Group 2 Species                    3                           1,500   1,899    1,459                1,601          1,540      1               8,003

Field98:
Group 1 Species Total                        208                        138                                                                        345
Field98:
Group 2 Species Total              3                           1,500   1,899    1,459                1,601          1,540      1                  8,003


Grade Total (m3)                   3         208               1,500   2,037    1,459                1,601          1,540      1              8,349



Log Grade:                     Plantation diam 00 - 19 cm: little small
                                                                                    Month                                                  12-month
Species / Group
                               12/22        11/22   10/22      9/22    8/22      7/22      6/22       5/22   4/22   3/22    2/22    1/22      total

Teak (a) little small (plntn                  89                         85                                                                        174

Field98:
Group 1 Species Total                         89                         85                                                                        174

Grade Total (m3)                              89                         85                                                                        174


Report Number 2:        Page 2 of 5 pages      Date Printed:             29/01/2023 3:19:40 pm                                             2- 2

Page 17 screenshot
Report - Monthly Actual Shipped Volumes (m3) by Log Grades and Species/Groups           continued



Log Grade:                  Low Grade
                                                                                    Month                                                        12-month
Species / Group
                             12/22        11/22    10/22       9/22     8/22     7/22      6/22       5/22     4/22     3/22    2/22      1/22      total

Burckella                      488         364      502        819      512      165        243       379      616      640      169      518        5,414
Calophyllum                  3,171     5,499       4,796      1,611    1,763    2,077     1,708      2,832    4,824    1,516     517     4,631      34,946
Dillenia                     1,558     1,076       1,023      1,672     709      294        163      2,534     742      976      126      792       11,664
Erima                        1,282         802      844        238      179      255        468       875      845      246      208      460        6,702
Grey Canarium                  496         144      227        246      321      445        222       129      350      190       61      274        3,105
Hekakoro                         7                                         8        1          2                  1                          4           24
Kwila                        1,668         770       70       2,918    1,390        6     4,416      7,748    2,345     943              1,748      24,023
Lophopetallum/Perupok          327          71      169         69       43       97        184        12      209       64        4      145        1,393
Malas                        3,249     4,772       4,224      2,556    2,252    1,563       852      4,750    1,689    3,769     646     4,936      35,259
Pencil Cedar                 2,058     1,099       1,191      1,052     954      931      1,098      1,121    1,618    1,365     600     2,452      15,540
PNG Mersawa                  1,383                 1,462      4,345     323     2,628       335       186      402      205     2,680    1,293      15,242
PNG Walnut                   2,616     1,566       2,378       984      175     1,027       548       503     1,403     134      810      593       12,736
Red Canarium                 1,318     1,040       1,497      1,764     677     1,064       521       892     1,416     619      521     1,265      12,593
Red Planchonella               243          62       98         81       41       51         55        62      204         6     155        81       1,139
Taun                        27,939   15,285       21,626     11,084   13,346    7,847     9,569      7,516   18,263    6,749    3,820   11,312     154,356
Terminalia                   3,336     2,549       2,218      3,302    2,148    1,393     1,729      2,017    3,475    1,282    1,647    3,583      28,679
White Planchonella             460         203      137        120      105      178        178        38      221      203       57      368        2,269

Field98:
Group 1 Species Total       51,599   35,302       42,461     32,861   24,945   20,023    22,290     31,595   38,624   18,907   12,021   34,455     365,083
Field98:
Group 2 Species Total        3,917     4,004       9,278      4,196    1,097    2,787     1,464      1,795    2,772    1,670     608     1,607      35,195
Field98:
Group 3 Species Total        8,653     4,567       9,965      4,442    2,716    5,163     4,569      2,273    6,156    4,170    2,423    3,387      58,485

Field98:
Group 4 Species Total        9,300     5,568       8,703      5,686    4,016    6,757     4,792      2,797    8,930    4,491    4,308    2,981      68,328


Grade Total (m3)            73,469   49,440       70,408     47,184   32,773   34,731    33,115     38,461   56,481   29,237   19,360   42,431    527,090



Log Grade:                  Diameter Class 60+ cm
                                                                                    Month                                                        12-month
Species / Group
                             12/22        11/22    10/22       9/22     8/22     7/22      6/22       5/22     4/22     3/22    2/22      1/22      total

Kwila                                                                                                                                     795           795

Field98:
Group 1 Species Total                                                                                                                     795           795

Grade Total (m3)                                                                                                                          795           795



Log Grade:                  Diameter Class 50 - 59 cm
                                                                                    Month                                                        12-month
Species / Group
                             12/22        11/22    10/22       9/22     8/22     7/22      6/22       5/22     4/22     3/22    2/22      1/22      total

Kwila                                                                                                                                     268           268

Field98:
Group 1 Species Total                                                                                                                     268           268

Grade Total (m3)                                                                                                                          268           268



Log Grade:                  Diameter Class 40 - 49 cm
                                                                                    Month                                                        12-month
Species / Group
                             12/22        11/22    10/22       9/22     8/22     7/22      6/22       5/22     4/22     3/22    2/22      1/22      total

Kwila                                                                                                                                     295           295

Field98:
Group 1 Species Total                                                                                                                     295           295

Grade Total (m3)                                                                                                                          295           295


Report Number 2:      Page 3 of 5 pages      Date Printed:               29/01/2023 3:19:48 pm                                                   2- 3

Page 18 screenshot
Report - Monthly Actual Shipped Volumes (m3) by Log Grades and Species/Groups          continued



Log Grade:                  Diameter Class 30 - 39 cm
                                                                                   Month                                              12-month
Species / Group
                             12/22        11/22   10/22      9/22   8/22        7/22      6/22     5/22   4/22   3/22   2/22   1/22      total

Kwila                                                                                                                            14          14

Field98:
Group 1 Species Total                                                                                                            14          14

Grade Total (m3)                                                                                                                14           14




Report Number 2:      Page 4 of 5 pages      Date Printed:           29/01/2023 3:19:49 pm                                            2- 4

Page 19 screenshot
Report - Monthly Actual Shipped Volumes (m3) by Log Grades and Species/Groups             continued



Product                         All logs
                                                                                      Month                                                        12-month
Species / Group
                                 12/22      11/22    10/22       9/22     8/22     7/22      6/22       5/22     4/22     3/22    2/22     1/22       total

Burckella                        6,220    4,996      4,764      4,732    2,598    3,362     2,080      4,562    3,799    4,829    1,659    3,653      47,253
Calophyllum                     29,126   19,063     18,914     12,053   12,367   13,643    10,744     11,852   20,477    7,474   10,961   20,745     187,418
Dillenia                        18,484   12,281      9,109      7,730   12,266    8,282     5,361     13,908   13,554    8,450    2,833    7,152     119,411
Erima                            9,513    5,904      3,627      6,155    4,205    6,060     4,192      5,414    9,828    6,785    6,320    7,533      75,536
Grey Canarium                    2,926       479     1,528      1,634     959     2,279     1,344      1,484    2,100    1,019    1,950    3,213      20,915
Hekakoro                           84          2       24           7        8        4        11          2      78       21        7       10           256
Kwila                           27,223   20,421     42,228     26,625   23,421    8,609    39,291     10,687   27,229   11,284   28,294   14,018     279,330
Lophopetallum/Perupok            1,217       302      728        664      379     1,186       506       557     1,151     550      212      720        8,174
Malas                           19,610   20,123     18,353     13,447   14,064   14,098     9,513     23,236   15,109   18,926    6,533   19,295     192,308
Pencil Cedar                    15,924    5,389      8,006      7,127    4,685    8,633     6,711      5,182    8,095    6,793    6,249    9,048      91,842
PNG Mersawa                      5,721       133     4,052     12,310    2,622    7,618     5,554       881     2,681    4,872    9,807    9,019      65,271
PNG Walnut                       7,266    3,104      3,939      3,779     683     3,789     2,839      3,953    5,226    3,326    4,360    3,593      45,855
Red Canarium                    11,326    4,975      9,176      9,587    4,076    7,519     3,140      7,156    7,306    4,936    3,794    7,965      80,956
Red Planchonella                  947        230      289        535      227      404        373       298      811      125      765      486        5,490
Taun                            86,848   46,807     48,036     68,710   45,410   55,487    40,167     56,686   68,648   48,596   40,938   53,132     659,466
Teak (a) little small (plntn                 138                           85                                                                             222
)
Teak (b) tiny small (plntn)                  159                          138                                                                             297
Terminalia                      19,753   10,128     13,033     15,037    8,347   21,515     9,138     23,235   13,955   11,854   12,075   14,714     172,783
White Planchonella               1,123       521      663        902      863     1,341     1,224      1,062    1,640    1,307     548     2,270      13,465

Field98:
Group 1 Species Total          263,311 155,155 186,469 191,034 137,403 163,830 142,187 170,155 201,687 141,147 137,303 176,568                     2,066,250
Field98:
Group 2 Species Total           21,654    8,820     21,030     19,399   17,027   30,447    17,296     26,375   20,933   21,241   15,405   17,572     237,199
Field98:
Group 3 Species Total           42,598   16,596     34,430     25,011   18,524   28,729    26,900     18,755   37,798   19,899   15,418   33,033     317,691

Field98:
Group 4 Species Total           57,694   21,044     37,962     44,820   24,629   44,009    33,998     33,597   53,117   22,627   33,979   34,255     441,732


Grand Totals (m3)              385,257 201,616 279,892 280,263 197,583 267,015 220,382 248,882 313,535 204,914 202,106 261,427                     3,062,871




Report Number 2:        Page 5 of 5 pages      Date Printed:               29/01/2023 3:22:24 pm                                                   2- 5

Page 20 screenshot
     Monthly Export Log Revenues (K'000) by Log Grades
                     and Species/Groups
Log Grade:                    Saw/Veneer
                                                                                     Month                                                      12-month
Species / Group
                               12/22        11/22   10/22       9/22     8/22     7/22     6/22     5/22     4/22     3/22     2/22     1/22       total

Burckella                        1,606    1,279      1,251      1,178      633      980      556    1,290      983    1,293      456      965      12,471
Calophyllum                      8,889    4,687      5,031      3,788    3,783    4,411    3,377    3,401    5,896    2,248    3,907    6,057      55,476
Dillenia                         4,642    3,200      2,319      1,852    3,469    2,455    1,582    3,485    3,956    2,292      873    1,957      32,080
Erima                            2,237    1,397        823      1,657    1,200    1,825    1,119    1,398    2,773    2,017    1,973    2,176      20,595
Grey Canarium                      671       94        376        411      189      550      336      418      537      256      584      904       5,324
Hekakoro                            20        1          7          2                 1        2        0       23        7        2        2          67
Kwila                           22,301   17,664     37,949     21,265   20,722    7,929   32,099    2,682   23,001    9,251   25,750    9,826     230,440
Lophopetallum/Perupok              245       63        157        177      101      328       95      169      288      150       67      177       2,016
Malas                            4,565    4,251      4,013      3,301    3,560    3,856    2,677    5,678    4,140    4,679    1,752    4,418      46,891
Pencil Cedar                     4,717    1,442      2,431      2,219    1,289    2,869    2,077    1,503    2,433    2,015    2,119    2,469      27,583
PNG Mersawa                      1,304       36        849      2,610      772    1,738    1,832      225      821    1,727    2,626    2,881      17,424
PNG Walnut                       1,271      431        460        819      153      849      716    1,065    1,176      985    1,092      923       9,938
Red Canarium                     2,760    1,084      2,247      2,314    1,024    1,973      795    1,933    1,806    1,332    1,014    2,062      20,345
Red Planchonella                   193       47         57        134       59      105       96       73      185       37      189      125       1,299
Taun                            19,992   10,732      9,395     20,725   11,722   18,182   11,442   18,533   18,969   15,845   14,130   15,723     185,390
Terminalia                       4,502    2,047      3,120      3,496    1,820    2,835    2,241    2,695    3,234    3,262    2,517    3,425      35,195
White Planchonella                 182       88        157        230      225      365      316      316      438      341      153      585       3,396

Field98:
Group 1 Species Total          80,097    48,543     70,643     66,177   50,720   51,251   61,358   44,863   70,657   47,739   59,206   54,675     705,930

Field98:
Group 2 Species Total           4,164       1,210    3,035      2,191    2,422    3,875    4,311    2,663    4,531    3,794    2,619    4,381      39,195

Field98:
Group 3 Species Total           7,570       2,823    6,009      5,009    3,877    5,870    5,690    4,234    8,068    4,051    3,336    7,615      64,151

Field98:
Group 4 Species Total           9,936       3,309    6,619      8,807    4,827    8,776    6,948    7,403   10,428    4,365    7,354    7,502      86,274

Grade Total (K'000)          101,767     55,885     86,305     82,185   61,845   69,771   78,307   59,163   93,684   59,949   72,515   74,173     895,550

Log Grade:                    Plantation diam 60+ cm: regular
                                                                                     Month                                                      12-month
Species / Group
                               12/22        11/22   10/22       9/22     8/22     7/22     6/22     5/22     4/22     3/22     2/22     1/22       total

Terminalia                                                                          360             1,492                        157                   2,009
Group 2 Species                    12                              12        7       58               115      116        8       69                     398

Field98:
Group 1 Species Total                                                               360             1,492                        157                   2,009

Field98:
Group 2 Species Total             12                               12        7       58               115      116        8       69                    398

Grade Total (K'000)               12                              12        7      417              1,608     116        8      226                 2,407

Log Grade:                    Plantation diam 50 - 59 cm: small
                                                                                     Month                                                      12-month
Species / Group
                               12/22        11/22   10/22       9/22     8/22     7/22     6/22     5/22     4/22     3/22     2/22     1/22       total

Terminalia                                                                          656             1,260                        262                   2,178
Group 2 Species                     7                              95       39      242               255      104      110      411                   1,264

Field98:
Group 1 Species Total                                                               656             1,260                        262                   2,178

Field98:
Group 2 Species Total               7                              95       39      242               255      104      110      411                   1,264

Grade Total (K'000)                7                              95       39      898              1,515     104      110      674                 3,442




Report Number 3:        Page 1 of 5 pages      Date Printed:              29/01/2023 3:23:25 pm                                                 3- 1

Page 21 screenshot
Report - Monthly Export Log Revenues (K'000) by Log Grades and Species/Groups                 continued


Log Grade:                            Plantation diam 40 - 49 cm: super small
                                                                                         Month                                                 12-month
Species / Group
                                       12/22        11/22   10/22      9/22   8/22    7/22        6/22    5/22    4/22   3/22   2/22    1/22      total

Terminalia                                                                            1,761               1,384                   368                 3,513
Group 2 Species                            10                           510    110    1,137               1,802    245    559     775                 5,149

Field98:
Group 1 Species Total                                                                 1,761               1,384                   368                 3,513

Field98:
Group 2 Species Total                     10                            510    110    1,137               1,802    245    559     775                 5,149

Grade Total (K'000)                       10                            510    110   2,898                3,186    245    559   1,144             8,662

Log Grade:                            Plantation diam 30 - 39 cm: baby small
                                                                                         Month                                                 12-month
Species / Group
                                       12/22        11/22   10/22      9/22   8/22    7/22        6/22    5/22    4/22   3/22   2/22    1/22      total

Terminalia                                                                              900                 248                                       1,148
Group 2 Species                             2                           291    343    2,088               1,589           871     500                 5,686

Field98:
Group 1 Species Total                                                                  900                  248                                       1,148

Field98:
Group 2 Species Total                       2                           291    343    2,088               1,589           871     500                 5,686

Grade Total (K'000)                        2                            291    343   2,988                1,837           871    500              6,834

Log Grade:                            Plantation diam 20 - 29 cm: tiny small
                                                                                         Month                                                 12-month
Species / Group
                                       12/22        11/22   10/22      9/22   8/22    7/22        6/22    5/22    4/22   3/22   2/22    1/22      total

Teak (a) little small (plntn)                         44                                                                                                 44
Teak (b) tiny small (plntn)                          143                       123                                                                      266
Group 2 Species                             0                            89    143     319                  267           297       0                 1,116

Field98:
Group 1 Species Total                                186                       123                                                                     310

Field98:
Group 2 Species Total                       0                            89    143     319                  267           297       0                 1,116

Grade Total (K'000)                        0         186                 89    267     319                 267            297      0              1,425

Log Grade:                            Plantation diam 00 - 19 cm: little small
                                                                                         Month                                                 12-month
Species / Group
                                       12/22        11/22   10/22      9/22   8/22    7/22        6/22    5/22    4/22   3/22   2/22    1/22      total

Teak (a) little small (plntn)                         80                        76                                                                     156

Field98:
Group 1 Species Total                                 80                        76                                                                     156

Grade Total (K'000)                                   80                        76                                                                     156




Report Number 3:                Page 2 of 5 pages      Date Printed:           29/01/2023 3:23:35 pm                                           3- 2

Page 22 screenshot
Report - Monthly Export Log Revenues (K'000) by Log Grades and Species/Groups           continued


Log Grade:                    Low Grade
                                                                                   Month                                                      12-month
Species / Group
                               12/22        11/22   10/22       9/22    8/22    7/22        6/22     5/22     4/22    3/22    2/22    1/22       total

Burckella                           89         72       93        159     104      32          49       79      125     133      35      99       1,068
Calophyllum                        583      1,094      942        312     342     413         335      581      963     310     106     919       6,900
Dillenia                           288        213      188        322     143      59          33      521      152     205      26     158       2,310
Erima                              237        158      169         44      39      51          96      168      169      49      43      87       1,310
Grey Canarium                       89         28       41         48      61      86          43       25       69      39      12      52         593
Hekakoro                             1                                      2       0           0                 0                       1           4
Kwila                            1,170       608        63      2,302   1,263       1       4,015    6,938    2,131     820           1,182      20,493
Lophopetallum/Perupok               60        14        30         13       8      19          35        2       38      13       1      27         260
Malas                              610       953       797        492     460     317         174      974      341     769     133     954       6,974
Pencil Cedar                       366       218       224        200     188     184         216      232      327     278     123     488       3,042
PNG Mersawa                        246                 271        850      64     496          60       38       83      42     550     271       2,972
PNG Walnut                         498        318      480        179      35     210         112      104      288      27     166     117       2,534
Red Canarium                       241        204      285        330     129     215         103      182      283     128     107     249       2,455
Red Planchonella                    43         12       19         15       8      10          11       13       41       1      32      17         224
Taun                             5,141      3,024    4,318      2,131   2,673   1,550       1,917    1,546    3,678   1,347     784   2,234      30,342
Terminalia                         607        509      437        620     428     282         347      417      703     264     338     725       5,679
White Planchonella                  85         40       27         23      20      35          34        8       45      39      12      70         438

Field98:
Group 1 Species Total          10,354       7,466    8,385      8,041   5,966   3,961       7,579   11,828    9,437   4,465   2,466   7,650      87,598

Field98:
Group 2 Species Total            709         815     1,752        776     216     556        282       364      563     336     125     295          6,788

Field98:
Group 3 Species Total           1,604        924     1,920        844     521   1,031        907       470    1,235     850     497     645      11,449

Field98:
Group 4 Species Total           1,712       1,125    1,698      1,087     798   1,362        962       572    1,805     916     884     565      13,486

Grade Total (K'000)           14,380     10,330     13,756     10,748   7,501   6,909      9,730    13,234   13,040   6,567   3,971   9,156     119,322

Log Grade:                    Diameter Class 60+ cm
                                                                                   Month                                                      12-month
Species / Group
                               12/22        11/22   10/22       9/22    8/22    7/22        6/22     5/22     4/22    3/22    2/22    1/22       total

Kwila                                                                                                                                   870           870

Field98:
Group 1 Species Total                                                                                                                   870           870

Grade Total (K'000)                                                                                                                    870            870

Log Grade:                    Diameter Class 50 - 59 cm
                                                                                   Month                                                      12-month
Species / Group
                               12/22        11/22   10/22       9/22    8/22    7/22        6/22     5/22     4/22    3/22    2/22    1/22       total

Kwila                                                                                                                                   274           274

Field98:
Group 1 Species Total                                                                                                                   274           274

Grade Total (K'000)                                                                                                                    274            274

Log Grade:                    Diameter Class 40 - 49 cm
                                                                                   Month                                                      12-month
Species / Group
                               12/22        11/22   10/22       9/22    8/22    7/22        6/22     5/22     4/22    3/22    2/22    1/22       total

Kwila                                                                                                                                   283           283

Field98:
Group 1 Species Total                                                                                                                   283           283

Grade Total (K'000)                                                                                                                    283            283




Report Number 3:        Page 3 of 5 pages      Date Printed:             29/01/2023 3:23:44 pm                                                3- 3

Page 23 screenshot
Report - Monthly Export Log Revenues (K'000) by Log Grades and Species/Groups          continued


Log Grade:                    Diameter Class 30 - 39 cm
                                                                                   Month                                              12-month
Species / Group
                               12/22        11/22   10/22      9/22   8/22      7/22       6/22    5/22   4/22   3/22   2/22   1/22      total

Kwila                                                                                                                            13          13

Field98:
Group 1 Species Total                                                                                                            13          13

Grade Total (K'000)                                                                                                              13          13




Report Number 3:        Page 4 of 5 pages      Date Printed:           29/01/2023 3:23:45 pm                                          3- 4

Page 24 screenshot
Report - Monthly Export Log Revenues (K'000) by Log Grades and Species/Groups             continued



Log Grade:                     All logs
                                                                                      Month                                                        12-month
Species / Group
                                 12/22      11/22    10/22       9/22     8/22     7/22        6/22     5/22     4/22     3/22    2/22     1/22       total

Burckella                       1,695     1,351      1,344      1,337     737     1,012         605    1,369    1,107    1,427     491     1,064      13,539

Calophyllum                     9,472     5,781      5,974      4,100    4,125    4,823       3,712    3,982    6,860    2,558    4,013    6,977      62,376

Dillenia                        4,930     3,413      2,507      2,174    3,612    2,514       1,616    4,006    4,108    2,497     899     2,115      34,390

Erima                           2,474     1,555       992       1,701    1,239    1,876       1,215    1,566    2,942    2,067    2,015    2,263      21,905

Grey Canarium                     760        122      417        458      250      635          378     443      606      295      596      956           5,917

Hekakoro                           21          1        7           2        2        1           3        0      24         7       2        2             72

Kwila                          23,472    18,272     38,011     23,567   21,986    7,930     36,113     9,620   25,132   10,072   25,750   12,447     252,373

Lophopetallum/Perupok             304         77      187        190      109      347          130     171      326      163       68      204           2,276

Malas                           5,175     5,203      4,810      3,793    4,020    4,174       2,850    6,652    4,481    5,449    1,885    5,372      53,864

Pencil Cedar                    5,083     1,660      2,655      2,419    1,477    3,053       2,293    1,734    2,760    2,294    2,242    2,957      30,625

PNG Mersawa                     1,551         36     1,120      3,461     836     2,234       1,892     264      903     1,769    3,176    3,153      20,395

PNG Walnut                      1,769        749      940        998      188     1,059         828    1,169    1,463    1,011    1,258    1,040      12,473

Red Canarium                    3,001     1,288      2,532      2,643    1,152    2,188         898    2,115    2,089    1,460    1,121    2,311      22,800

Red Planchonella                  236         60       76        150       67      115          107      86      226       38      221      142           1,523

Taun                           25,133    13,756     13,713     22,856   14,395   19,732     13,359    20,079   22,647   17,193   14,914   17,957     215,732

Teak (a) little small (plntn                 123                           76                                                                              199
)
Teak (b) tiny small (plntn)                  143                          123                                                                              266

Terminalia                      5,109     2,557      3,557      4,116    2,248    6,794       2,588    7,496    3,937    3,526    3,643    4,150      49,722

White Planchonella                267        128      184        252      244      401          350     324      483      380      165      655           3,833


Field98:
Group 1 Species Total          90,451    56,275     79,028     74,218   56,885   58,888     68,937    61,075   80,094   52,204   62,460   63,765     804,281
Field98:
Group 2 Species Total           4,905     2,025      4,787      3,965    3,280    8,275       4,594    7,056    5,559    5,975    4,500    4,676      59,596

Field98:
Group 3 Species Total           9,175     3,747      7,929      5,853    4,398    6,901       6,597    4,704    9,303    4,902    3,833    8,260      75,601

Field98:
Group 4 Species Total          11,648     4,434      8,317      9,894    5,625   10,138       7,910    7,975   12,234    5,281    8,238    8,067      99,760


Grand Total (K'000)            116,180   66,481 100,061        93,931   70,188   84,201      88,037   80,810 107,189    68,362   79,030   84,768   1,039,238




Report Number 3:        Page 5 of 5 pages      Date Printed:               29/01/2023 3:24:10 pm                                                   3- 5

Page 25 screenshot
 Monthly Export Log Revenues (USD'000) by Log Grades
                  and Species/Groups

Log Grade:                 Saw/Veneer
                                                                                   Month                                                     12-month
Species / Group
                            12/22        11/22    10/22       9/22     8/22     7/22     6/22     5/22     4/22     3/22    2/22     1/22       total

Burckella                     468         373      365        343      185      286      162      376      286      377      133      282       3,636
Calophyllum                 2,598    1,366        1,467      1,104    1,103    1,286     984      991     1,719     655     1,143    1,772     16,188
Dillenia                    1,353         933      676        540     1,011     716      461     1,016    1,153     668      255      572       9,354
Erima                         652         407      240        483      350      532      326      408      808      589      577      637       6,008
Grey Canarium                 196          27      110        120       55      160        98     122      157       75      171      265       1,554
Hekakoro                        6           0        2           1                 0        1        0        7        2       1        1            20
Kwila                       6,502    5,149       11,062      6,199    6,041    2,311    9,357     782     6,705    2,705    7,532    2,874     67,218
Lophopetallum/Perupok          71          18       46         51       29       95        28      49       84       44       20       52           588
Malas                       1,332    1,239        1,170       962     1,038    1,124     780     1,655    1,207    1,364     512     1,292     13,675
Pencil Cedar                1,377         420      709        647      376      836      605      438      709      588      619      722       8,046
PNG Mersawa                   380          11      247        748      225      507      534       66      239      503      768      843       5,072
PNG Walnut                    371         126      134        239       44      247      209      310      343      287      319      270       2,899
Red Canarium                  805         316      655        674      298      575      232      563      526      389      297      603       5,934
Red Planchonella               56          14       17         39       17       31        28      21       54       11       55       36           379
Taun                        5,829    3,128        2,739      6,041    3,417    5,300    3,335    5,402    5,529    4,621    4,133    4,599     54,074
Terminalia                  1,313         597      910       1,019     531      826      653      786      943      952      736     1,002     10,266
White Planchonella             53          26       46         67       65      107        92      92      128       99       45      171           991

Field98:
Group 1 Species Total     23,362    14,150       20,592     19,276   14,785   14,940   17,886   13,078   20,596   13,928   17,315   15,993    205,901
Field98:
Group 2 Species Total       1,214         353      885        638      706     1,130    1,257     776     1,321    1,107     766     1,281     11,433
Field98:
Group 3 Species Total       2,207         823     1,752      1,459    1,130    1,711    1,659    1,234    2,352    1,182     975     2,227     18,710

Field98:
Group 4 Species Total       2,897         965     1,929      2,565    1,407    2,558    2,025    2,158    3,040    1,273    2,151    2,194     25,163


Grade Total (USD'000) 29,680 16,290 25,158 23,939 18,028 20,338 22,826 17,246 27,309 17,490 21,207 21,696                                    261,207


Log Grade:                 Plantation diam 60+ cm: regular
                                                                                   Month                                                     12-month
Species / Group
                            12/22        11/22    10/22       9/22     8/22     7/22     6/22     5/22     4/22     3/22    2/22     1/22       total

Terminalia                                                                      105               435                         46                    586
Group 2 Species                 4                                3        2      16                34       34         2      20                    116

Field98:
Group 1 Species Total                                                           105               435                         46                    586
Field98:
Group 2 Species Total           4                                3        2      16                34       34         2      20                    116


Grade Total (USD'000)           4                               3        2      121               469       34        2       66                    702




Report Number 4:     Page 1 of 5 pages      Date Printed:               29/01/2023 3:25:07 pm                                                4- 1

Page 26 screenshot
Report - Monthly Shipped Log Revenues (USD'000) by Log Grades and Species/Groups      continued



Log Grade:                     Plantation diam 50 - 59 cm: small
                                                                                   Month                                             12-month
Species / Group
                               12/22        11/22   10/22      9/22   8/22    7/22     6/22       5/22   4/22   3/22   2/22   1/22      total

Terminalia                                                                     191                367                    77                 635
Group 2 Species                    2                            28     11       69                 74     30     32    120                  366

Field98:
Group 1 Species Total                                                          191                367                    77                 635
Field98:
Group 2 Species Total              2                            28     11       69                 74     30     32    120                  366


Grade Total (USD'000)              2                            28     11     260                 441     30     32    197             1,001


Log Grade:                     Plantation diam 40 - 49 cm: super small
                                                                                   Month                                             12-month
Species / Group
                               12/22        11/22   10/22      9/22   8/22    7/22     6/22       5/22   4/22   3/22   2/22   1/22      total

Terminalia                                                                     513                403                  108              1,024
Group 2 Species                    3                           149     32      323                519     71    164    227              1,487

Field98:
Group 1 Species Total                                                          513                403                  108              1,024
Field98:
Group 2 Species Total              3                           149     32      323                519     71    164    227              1,487


Grade Total (USD'000)              3                           149     32     836                 922     71    164    335             2,512


Log Grade:                     Plantation diam 30 - 39 cm: baby small
                                                                                   Month                                             12-month
Species / Group
                               12/22        11/22   10/22      9/22   8/22    7/22     6/22       5/22   4/22   3/22   2/22   1/22      total

Terminalia                                                                     262                 72                                       335
Group 2 Species                    1                            85    100      597                449           255    146              1,633

Field98:
Group 1 Species Total                                                          262                 72                                       335
Field98:
Group 2 Species Total              1                            85    100      597                449           255    146              1,633


Grade Total (USD'000)              1                            85    100     860                 521           255    146             1,968


Log Grade:                     Plantation diam 20 - 29 cm: tiny small
                                                                                   Month                                             12-month
Species / Group
                               12/22        11/22   10/22      9/22   8/22    7/22     6/22       5/22   4/22   3/22   2/22   1/22      total

Teak (a) little small (plntn                  12                                                                                             12
Teak (b) tiny small (plntn)                   40                       34                                                                    74
Group 2 Species                    0                            26     42       89                 74            87       0                 318

Field98:
Group 1 Species Total                         52                       34                                                                    86
Field98:
Group 2 Species Total              0                            26     42       89                 74            87       0                 318


Grade Total (USD'000)              0          52                26     76      89                  74            87       0                 405




Report Number 4:        Page 2 of 5 pages      Date Printed:           29/01/2023 3:25:17 pm                                         4- 2

Page 27 screenshot
Report - Monthly Shipped Log Revenues (USD'000) by Log Grades and Species/Groups        continued



Log Grade:                     Plantation diam 00 - 19 cm: little small
                                                                                   Month                                                    12-month
Species / Group
                               12/22        11/22   10/22       9/22    8/22    7/22     6/22       5/22     4/22    3/22    2/22    1/22      total

Teak (a) little small (plntn                  22                          21                                                                        43

Field98:
Group 1 Species Total                         22                          21                                                                        43


Grade Total (USD'000)                         22                         21                                                                         43


Log Grade:                     Low Grade
                                                                                   Month                                                    12-month
Species / Group
                               12/22        11/22   10/22       9/22    8/22    7/22     6/22       5/22     4/22    3/22    2/22    1/22      total

Burckella                         26          21       27         45      30       9       14         23       36      39      10      29          311
Calophyllum                      170         319      275         91     100     120       98        169      281      90      31     269      2,012
Dillenia                          84          62       55         94      42      17       10        152       44      60       8      46          674
Erima                             69          46       49         13      11      15       28         49       49      14      12      26          382
Grey Canarium                     26           8       12         14      18      25       12          7       20      11       4      15          173
Hekakoro                           0                                       0       0        0                   0                       0            1
Kwila                            341         177       18        671     368       0    1,170       2,022     621     240             346      5,976
Lophopetallum/Perupok             17           4        9          4       2       6       10          1       11       4       0       8           76
Malas                            178         278      232        143     134      93       51        284       99     224      39     279      2,034
Pencil Cedar                     107          64       65         58      55      54       63         67       95      81      36     143          887
PNG Mersawa                       72                   79        240      19     145       17         11       24      12     161      79          860
PNG Walnut                       145          93      140         52      10      61       33         30       84       8      49      34          739
Red Canarium                      70          60       83         96      37      63       30         53       83      37      31      73          716
Red Planchonella                  13           4        6          4       2       3        3          4       12       0       9       5           65
Taun                           1,499         882    1,259        618     779     452     559         451    1,072     393     229     653      8,845
Terminalia                       177         148      127        181     125      82     101         122      205      77      99     212      1,656
White Planchonella                25          12        8          7       6      10       10          2       13      11       3      21          128

Field98:
Group 1 Species Total          3,018    2,176       2,444      2,332   1,739   1,155    2,209       3,448   2,751   1,303     721   2,238     25,534
Field98:
Group 2 Species Total            207         238      511        226      63     162       82        106      164      98      36      86      1,979
Field98:
Group 3 Species Total            468         269      560        245     152     301     264         137      360     248     145     189      3,338

Field98:
Group 4 Species Total            499         328      495        316     233     397     280         167      526     267     258     165      3,932


Grade Total (USD'000) 4,192             3,011       4,010      3,118   2,187   2,014   2,836     3,858      3,801   1,917   1,162   2,678    34,783


Log Grade:                     Diameter Class 60+ cm
                                                                                   Month                                                    12-month
Species / Group
                               12/22        11/22   10/22       9/22    8/22    7/22     6/22       5/22     4/22    3/22    2/22    1/22      total

Kwila                                                                                                                                 254          254

Field98:
Group 1 Species Total                                                                                                                 254          254


Grade Total (USD'000)                                                                                                                254           254




Report Number 4:        Page 3 of 5 pages      Date Printed:             29/01/2023 3:25:26 pm                                              4- 3

Page 28 screenshot
Report - Monthly Shipped Log Revenues (USD'000) by Log Grades and Species/Groups      continued



Log Grade:                  Diameter Class 50 - 59 cm
                                                                                   Month                                             12-month
Species / Group
                             12/22        11/22   10/22      9/22   8/22     7/22      6/22       5/22   4/22   3/22   2/22   1/22      total

Kwila                                                                                                                           80          80

Field98:
Group 1 Species Total                                                                                                           80          80


Grade Total (USD'000)                                                                                                          80           80


Log Grade:                  Diameter Class 40 - 49 cm
                                                                                   Month                                             12-month
Species / Group
                             12/22        11/22   10/22      9/22   8/22     7/22      6/22       5/22   4/22   3/22   2/22   1/22      total

Kwila                                                                                                                           83          83

Field98:
Group 1 Species Total                                                                                                           83          83


Grade Total (USD'000)                                                                                                          83           83


Log Grade:                  Diameter Class 30 - 39 cm
                                                                                   Month                                             12-month
Species / Group
                             12/22        11/22   10/22      9/22   8/22     7/22      6/22       5/22   4/22   3/22   2/22   1/22      total

Kwila                                                                                                                            4           4

Field98:
Group 1 Species Total                                                                                                            4           4


Grade Total (USD'000)                                                                                                           4            4




Report Number 4:      Page 4 of 5 pages      Date Printed:           29/01/2023 3:25:30 pm                                           4- 4

Page 29 screenshot
Report - Monthly Shipped Log Revenues (USD'000) by Log Grades and Species/Groups          continued



Log Grade:                     All logs
                                                                                      Month                                                        12-month
Species / Group
                                12/22       11/22    10/22       9/22     8/22     7/22     6/22        5/22     4/22     3/22    2/22     1/22       total

Burckella                        494         394      392        388      215      295      176         399      323      416      143      311       3,947

Calophyllum                     2,768    1,685       1,741      1,195    1,202    1,406    1,082       1,161    2,000     746     1,173    2,041     18,200

Dillenia                        1,437        995      731        634     1,053     733      471        1,168    1,197     728      263      619      10,028

Erima                            721         453      289        496      361      547      354         456      858      603      589      662       6,390

Grey Canarium                    222          36      122        134       73      185      110         129      177       86      174      280       1,727

Hekakoro                           6           0        2           1        0        0        1           0        7        2       1        1            21

Kwila                           6,844    5,326      11,080      6,870    6,409    2,312   10,527       2,804    7,326    2,945    7,532    3,641     73,615

Lophopetallum/Perupok             89          22       55         55       32      101        38         50       95       48       20       60           664

Malas                           1,509    1,517       1,402      1,106    1,172    1,217     831        1,939    1,306    1,588     551     1,571     15,709

Pencil Cedar                    1,483        484      774        705      431      890      668         505      805      669      655      865       8,934

PNG Mersawa                      452          11      326        989      244      651      552          77      263      516      929      922       5,931

PNG Walnut                       516         218      274        291       55      309      241         341      427      295      368      304       3,638

Red Canarium                     875         376      738        770      336      638      262         617      609      426      328      676       6,650

Red Planchonella                  69          17       22         43       20       34        31         25       66       11       65       41           444

Taun                            7,327    4,010       3,997      6,659    4,196    5,752    3,894       5,853    6,601    5,014    4,362    5,252     62,918

Teak (a) little small (plntn                  34                           21                                                                              56
)
Teak (b) tiny small (plntn)                   40                           34                                                                              74

Terminalia                      1,490        745     1,037      1,200     655     1,980     755        2,185    1,148    1,029    1,065    1,214     14,503

White Planchonella                78          37       54         73       71      117      102          94      141      111       48      192       1,118


Field98:
Group 1 Species Total          26,380   16,401      23,037     21,608   16,580   17,166   20,095      17,803   23,347   15,231   18,267   18,651    234,566
Field98:
Group 2 Species Total           1,430        590     1,395      1,155     956     2,386    1,339       2,032    1,621    1,745    1,316    1,368     17,332
Field98:
Group 3 Species Total           2,675    1,092       2,311      1,704    1,282    2,012    1,923       1,371    2,712    1,430    1,121    2,416     22,049

Field98:
Group 4 Species Total           3,396    1,292       2,424      2,881    1,640    2,955    2,306       2,325    3,566    1,541    2,409    2,360     29,095


Grand Total (USD'000) 33,881 19,376 29,168 27,348 20,457 24,519 25,663 23,531 31,246 19,946 23,113 24,795                                          303,042




Report Number 4:        Page 5 of 5 pages      Date Printed:               29/01/2023 3:25:55 pm                                                   4- 5

Page 30 screenshot
           Monthly Average Actual Export Prices (Kina) by Log
                      Grades and Species/Groups
Log Grade :                   Saw/Veneer
                                                                                      Month
Species / Group                 12/22       11/22    10/22       9/22     8/22     7/22     6/22      5/22    4/22     3/22     2/22     1/22       Average

Burckella                      280.17       276.15   293.56     301.09   303.62   306.55   303.06   308.49    308.63   308.72   306.03   307.69           298.07
Calophyllum                    342.48       345.53   356.38     362.81   356.78   381.38   373.71   377.04    376.70   377.30   374.08   375.90           363.84
Dillenia                       274.24       285.54   286.75     305.66   300.13   307.31   304.42    306.36   308.73   306.65   322.61   307.68           297.73
Erima                          271.80       273.94   295.71     280.00   297.96   314.31   300.42    307.98   308.68   308.50   322.74   307.69           299.19
Grey Canarium                  276.02       279.96   289.14     295.85   295.21   299.79   299.16   308.64    306.80   308.63   309.03   307.69           298.94
Hekakoro                       259.52       274.44   303.49     291.60            291.60   291.60    308.75   305.84   308.75   307.69   307.69           289.31
Kwila                          872.68       898.89   900.16     897.01   940.58   921.60   920.38    912.55   924.34   894.65   910.11   901.66           907.47
Lophopetallum/Perupok          275.32       274.44   280.56     297.38   300.37   300.64   295.60   308.66    305.54   308.74   321.20   307.69           297.37
Malas                          279.01       276.88   284.02     303.10   301.39   307.65   309.06   307.16    308.49   308.73   297.70   307.69           298.57
Pencil Cedar                   340.20       336.11   356.66     365.23   345.46   372.60   370.04   369.99    375.73   371.33   375.02   374.32           361.50
PNG Mersawa                    300.71       274.44   327.70     327.73   335.95   348.25   351.08    324.05   360.07   370.10   368.54   372.91           348.27
PNG Walnut                     273.43       280.20   294.85     292.98   300.27   307.35   312.30   308.58    307.53   308.45   307.68   307.69           300.08
Red Canarium                   275.78       275.50   292.61     295.75   301.11   305.67   303.60   308.62    306.64   308.62   309.98   307.69           297.59
Red Planchonella               273.62       281.74   300.74     294.95   316.57   297.19   302.53   308.75    304.23   308.75   310.17   307.69           298.64
Taun                           339.36       340.45   355.72     359.65   365.58   381.65   373.94   376.92    376.47   378.65   380.69   375.98           367.03
Terminalia                     274.21       270.15   288.53     297.91   293.60   305.40   302.46   308.66    308.55   308.59   308.19   307.69           296.95
White Planchonella             274.78       275.52   299.18     293.43   296.44   314.23   301.48   308.60    308.67   308.72   312.21   307.69           303.28

All Group 1 Species             378.33      406.03   490.55     418.38   451.90   385.44   511.75   355.85    433.31   390.53   481.26   388.48           421.78
All Group 2 Species             235.99      251.16   258.26     262.47   266.85   272.46   272.30   271.41    274.73   278.45   273.69   274.42           266.36
All Group 3 Species             223.02      234.68   245.60     243.54   245.23   249.09   254.81   256.85    254.97   257.59   256.68   256.87           247.49
All Group 4 Species             205.32      213.81   226.20     225.05   234.17   235.58   237.88   240.37    236.00   240.70   247.85   239.87           231.05

Average Price (K)             326.50 367.96 411.99 363.29 392.09 335.43 418.16 323.00 366.83 353.21 413.76 340.83                                        365.02


Log Grade :                   Plantation diam 60+ cm: regular
                                                                                      Month
Species / Group                 12/22       11/22    10/22       9/22     8/22     7/22     6/22      5/22    4/22     3/22     2/22     1/22       Average

Terminalia                                                                        367.07            367.07                      365.81                    366.97
Group 2 Species                367.07                           402.06   315.61   391.00            294.19    325.90   500.85   365.81                    335.02

All Group 1 Species                                                               367.07            367.07                      365.81                    366.97
All Group 2 Species             367.07                          402.06   315.61   391.00            294.19    325.90   500.85   365.81                    335.02

Average Price (K)             367.07                           402.06 315.61 370.20                 360.65 325.90 500.85 365.81                          361.27




Notes: All prices are Kina FOB per cubic metre; dates of prices from Bills of Lading

Report Number 5:        Page 1 of 5 pages      Date Printed:              29/01/2023 3:26:51 pm                                                   5- 1

Page 31 screenshot
Report - Monthly Average Actual Export Prices (Kina) by Log Grades and Species/Groups               continued



Log Grade :                           Plantation diam 50 - 59 cm: small
                                                                                               Month
Species / Group                         12/22       11/22    10/22       9/22      8/22     7/22    6/22         5/22    4/22      3/22     2/22     1/22     Average

Terminalia                                                                                 349.91               349.91                      348.72                  349.77
Group 2 Species                        349.91                           347.17    298.46   374.04               317.92   290.31    435.90   348.72                  344.85

All Group 1 Species                                                                        349.91               349.91                      348.72                  349.77
All Group 2 Species                     349.91                          347.17    298.46   374.04               317.92   290.31    435.90   348.72                  344.85

Average Price (K)                     349.91                           347.17 298.46 356.11                 344.08 290.31 435.90 348.72                            347.94


Log Grade :                           Plantation diam 40 - 49 cm: super small
                                                                                               Month
Species / Group                         12/22       11/22    10/22       9/22      8/22     7/22    6/22         5/22    4/22      3/22     2/22     1/22     Average

Terminalia                                                                                 343.05               343.05                      341.88                  342.93
Group 2 Species                        345.40                           264.84    137.22   349.04               263.06   257.29    391.45   341.88                  294.00

All Group 1 Species                                                                        343.05               343.05                      341.88                  342.93
All Group 2 Species                     345.40                          264.84    137.22   349.04               263.06   257.29    391.45   341.88                  294.00

Average Price (K)                     345.40                           264.84 137.22 345.38                 292.71 257.29 391.45 341.88                            312.05


Log Grade :                           Plantation diam 30 - 39 cm: baby small
                                                                                               Month
Species / Group                         12/22       11/22    10/22       9/22      8/22     7/22    6/22         5/22    4/22      3/22     2/22     1/22     Average

Terminalia                                                                                 315.61               315.61                                              315.61
Group 2 Species                        306.54                            93.31     85.76   263.51               310.32             321.37   314.53                  232.27

All Group 1 Species                                                                        315.61               315.61                                              315.61
All Group 2 Species                     306.54                           93.31     85.76   263.51               310.32             321.37   314.53                  232.27

Average Price (K)                     306.54                           93.31      85.76 277.30              311.02                321.37 314.53                    243.05


Log Grade :                           Plantation diam 20 - 29 cm: tiny small
                                                                                               Month
Species / Group                         12/22       11/22    10/22       9/22      8/22     7/22    6/22         5/22    4/22      3/22     2/22     1/22     Average

Teak (a) little small (plntn)                       896.06                                                                                                          896.06
Teak (b) tiny small (plntn)                         896.06                        896.06                                                                            896.06
Group 2 Species                        159.52                            59.01     75.47   218.36               166.67             193.16   280.34                  139.38

All Group 1 Species                                 896.06                        896.06                                                                            896.06
All Group 2 Species                     159.52                           59.01     75.47   218.36               166.67             193.16   280.34                  139.38

Average Price (K)                     159.52 896.06                     59.01 130.92 218.36                 166.67                193.16 280.34                    170.70


Log Grade :                           Plantation diam 00 - 19 cm: little small
                                                                                               Month
Species / Group                         12/22       11/22    10/22       9/22      8/22     7/22    6/22         5/22    4/22      3/22     2/22     1/22     Average

Teak (a) little small (plntn)                       896.06                        896.06                                                                            896.06

All Group 1 Species                                 896.06                        896.06                                                                            896.06

Average Price (K)                                896.06                          896.06                                                                            896.06

Notes: All prices are Kina FOB per cubic metre; dates of prices from Bills of Lading

Report Number 5:                Page 2 of 5 pages      Date Printed:               29/01/2023 3:27:02 pm                                                    5- 2

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Report - Monthly Average Actual Export Prices (Kina) by Log Grades and Species/Groups     continued



Log Grade :                   Low Grade
                                                                                     Month
Species / Group                 12/22       11/22    10/22      9/22     8/22     7/22     6/22        5/22    4/22     3/22     2/22       1/22       Average

Burckella                      182.49       198.52   185.57    193.81   202.90   196.09   200.06      207.28   202.49   208.34   205.13    190.83            197.27
Calophyllum                    183.87       198.95   196.45    193.50   193.82   198.69   196.17      205.13   199.67   204.31   205.13    198.51            197.44
Dillenia                       184.90       198.38   183.85    192.87   201.43   202.11   203.56      205.60   205.50   210.01   205.13    200.15            198.05
Erima                          184.89       196.44   200.55    185.56   217.95   201.02   204.99      191.85   199.81   200.97   205.13    189.59            195.50
Grey Canarium                  179.37       196.78   181.12    193.57   191.70   192.08   192.13      194.37   198.03   203.33   205.13    190.00            191.08
Hekakoro                       180.37                                   200.21   188.68   188.68               188.68                      182.34            189.13
Kwila                          701.54       789.02   889.92    789.02   909.09   200.87   909.09      895.41   908.63   870.17             676.05            853.07
Lophopetallum/Perupok          182.15       193.10   180.24    193.71   185.86   196.16   189.15      205.83   182.02   204.48   205.13    184.06            186.53
Malas                          187.76       199.68   188.66    192.53   204.40   203.12   203.67      205.04   201.71   204.15   205.13    193.17            197.78
Pencil Cedar                   177.62       198.22   188.45    190.21   197.06   197.16   196.40      206.50   201.88   203.75   205.13    198.83            195.76
PNG Mersawa                    178.05                185.46    195.70   197.88   188.68   178.60      205.44   205.83   205.83   205.13    209.99            194.97
PNG Walnut                     190.26       203.08   201.97    181.96   200.81   204.36   204.82      207.68   205.14   199.17   205.13    197.40            198.99
Red Canarium                   182.48       196.42   190.46    186.97   189.98   202.00   196.99      204.44   200.08   206.31   205.13    196.85            194.95
Red Planchonella               177.70       198.78   193.48    192.51   199.78   198.23   199.57      205.23   203.45   217.11   205.13    210.03            196.39
Taun                           184.00       197.86   199.68    192.25   200.26   197.52   200.35      205.70   201.39   199.60   205.13    197.45            196.57
Terminalia                     182.10       199.76   196.78    187.81   199.26   202.69   200.98      206.72   202.43   205.97   205.13    202.45            198.01
White Planchonella             185.17       198.13   194.97    188.31   186.36   198.32   193.86      204.68   203.13   191.47   205.13    190.92            192.93

All Group 1 Species             200.66      211.49   197.47    244.70   239.18   197.83   340.02      374.36   244.32   236.16   205.13    222.03            239.94
All Group 2 Species             181.10      203.58   188.81    185.05   196.66   199.30   192.89      202.77   202.98   201.00   205.13    183.63            192.88
All Group 3 Species             185.41      202.42   192.71    189.95   191.92   199.66   198.41      206.93   200.63   203.89   205.13    190.46            195.77
All Group 4 Species             184.10      201.98   195.14    191.18   198.76   201.56   200.72      204.47   202.17   203.92   205.13    189.69            197.37

Average Price (K)             195.73 208.94 195.37 227.79 228.89 198.95 293.82 344.10 230.87 224.60 205.13 215.78                                           226.38


Log Grade :                   Diameter Class 60+ cm
                                                                                     Month
Species / Group                 12/22       11/22    10/22      9/22     8/22     7/22     6/22        5/22    4/22     3/22     2/22       1/22       Average

Kwila                                                                                                                                     1,094.02      1,094.02

All Group 1 Species                                                                                                                       1,094.02          1,094.02

Average Price (K)                                                                                                                       ########       1,094.02


Log Grade :                   Diameter Class 50 - 59 cm
                                                                                     Month
Species / Group                 12/22       11/22    10/22      9/22     8/22     7/22     6/22        5/22    4/22     3/22     2/22       1/22       Average

Kwila                                                                                                                                     1,025.64      1,025.64

All Group 1 Species                                                                                                                       1,025.64          1,025.64

Average Price (K)                                                                                                                       ########       1,025.64


Log Grade :                   Diameter Class 40 - 49 cm
                                                                                     Month
Species / Group                 12/22       11/22    10/22      9/22     8/22     7/22     6/22        5/22    4/22     3/22     2/22       1/22       Average

Kwila                                                                                                                                      957.26            957.26

All Group 1 Species                                                                                                                        957.26            957.26

Average Price (K)                                                                                                                         957.26            957.26

Notes: All prices are Kina FOB per cubic metre; dates of prices from Bills of Lading

Report Number 5:        Page 3 of 5 pages      Date Printed:             29/01/2023 3:27:10 pm                                                       5- 3

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Report - Monthly Average Actual Export Prices (Kina) by Log Grades and Species/Groups   continued



Log Grade :                  Diameter Class 30 - 39 cm
                                                                                   Month
Species / Group                12/22       11/22   10/22     9/22     8/22      7/22    6/22        5/22   4/22   3/22   2/22    1/22       Average

Kwila                                                                                                                            888.89           888.89

All Group 1 Species                                                                                                              888.89           888.89

Average Price (K)                                                                                                               888.89           888.89




Notes: All prices are Kina FOB per cubic metre; dates of prices from Bills of Lading

Report Number 5:       Page 4 of 5 pages     Date Printed:             29/01/2023 3:27:11 pm                                              5- 4

Page 34 screenshot
Report - Monthly Average Actual Export Prices (Kina) by Log Grades and Species/Groups             continued



Log Grade :                           All Logs
                                                                                             Month
Species / Group                                                                                                                                             Average
                                        12/22       11/22    10/22      9/22     8/22     7/22     6/22        5/22    4/22     3/22     2/22     1/22

Burckella                              272.51       270.50   282.18    282.53   283.79   301.12   291.01      300.07   291.43   295.42   295.74   291.12          286.52
Calophyllum                            325.21       303.25   315.83    340.18   333.55   353.56   345.48      335.96   334.99   342.22   366.12   336.30          332.82
Dillenia                               266.71       277.91   275.20    281.26   294.43   303.57   301.36      288.00   303.08   295.49   317.41   295.77          288.00
Erima                                  260.09       263.41   273.58    276.35   294.55   309.55   289.76      289.22   299.31   304.61   318.86   300.48          289.99
Grey Canarium                          259.64       254.88   273.12    280.46   260.61   278.74   281.49      298.68   288.68   288.97   305.78   297.64          282.93
Hekakoro                               253.01       274.44   303.49    291.60   200.21   255.10   267.68      308.75   303.78   308.75   307.69   259.56          280.07
Kwila                                  862.19       894.75   900.15    885.17   938.71   921.12   919.11      900.12   922.98   892.60   910.11   887.96          903.49
Lophopetallum/Perupok                  250.28       255.21   257.30    286.54   287.47   292.12   256.95      306.54   283.14   296.62   318.99   282.81          278.48
Malas                                  263.89       258.58   262.07    282.08   285.86   296.06   299.61      286.29   296.56   287.90   288.54   278.39          280.09
Pencil Cedar                           319.19       307.99   331.64    339.40   315.25   353.67   341.63      334.62   340.97   337.65   358.72   326.76          333.46
PNG Mersawa                            271.05       274.44   276.38    281.13   318.97   293.20   340.67      299.04   336.95   363.18   323.88   349.56          312.47
PNG Walnut                             243.49       241.29   238.78    264.08   274.81   279.43   291.57      295.74   280.04   304.06   288.62   289.48          272.00
Red Canarium                           264.92       258.97   275.95    275.73   282.65   291.00   285.92      295.63   285.98   295.80   295.58   290.09          281.63
Red Planchonella                       249.04       259.28   264.31    279.55   295.49   284.79   287.41      287.10   278.87   304.05   288.83   291.47          277.42
Taun                                   289.38       293.89   285.47    332.65   316.99   355.61   332.59      354.22   329.89   353.79   364.30   337.97          327.13
Teak (a) little small (plntn)                       896.06                      896.06                                                                            896.06
Teak (b) tiny small (plntn)                         896.06                      896.06                                                                            896.06
Terminalia                             258.66       252.44   272.91    273.73   269.33   315.77   283.27      322.63   282.12   297.49   301.71   282.06          287.77
White Planchonella                     238.05       245.33   277.66    279.47   282.99   298.83   285.87      304.87   294.43   290.50   301.14   288.74          284.68

All Group 1 Species                     343.51      362.70   423.81    388.51   414.00   359.45   484.83      358.94   397.12   369.86   454.90   361.14          389.25
All Group 2 Species                     226.53      229.56   227.62    204.41   192.63   271.77   265.58      267.52   265.58   281.29   292.11   266.11          251.25
All Group 3 Species                     215.38      225.80   230.29    234.02   237.42   240.20   245.23      250.80   246.12   246.33   248.58   250.06          237.97
All Group 4 Species                     201.90      210.68   219.08    220.75   228.39   230.36   232.65      237.39   230.31   233.40   242.43   235.50          225.84


Average Price (K)                     301.56 329.74 357.50 335.15 355.23 315.34 399.47 324.69 341.87 333.61 391.03 324.25                                    339.30




Notes: All prices are Kina FOB per cubic metre; dates of prices from Bills of Lading

Report Number 5:                Page 5 of 5 pages      Date Printed:             29/01/2023 3:27:33 pm                                                     5- 5

Page 35 screenshot
           Monthly Average Actual Export Prices (USD) by Log
                      Grades and Species/Groups

Log Grade :                   Saw/Veneer
                                                                                      Month
Species / Group                 12/22       11/22    10/22       9/22     8/22     7/22     6/22      5/22    4/22     3/22     2/22     1/22       Average

Burckella                       81.68        80.50    85.57      87.55    88.50    89.36    88.34     89.92    89.97    90.00    89.49    90.00           86.90
Calophyllum                    100.10       100.72   103.89     105.76   104.00   111.17   108.94    109.91   109.81   110.00   109.39   109.95          106.17
Dillenia                        79.95        83.24    83.59      89.10    87.49    89.58    88.74     89.30    89.99    89.39    94.36    89.99           86.82
Erima                           79.23        79.85    86.20      81.62    86.86    91.62    87.57     89.78    89.98    90.00    94.34    90.00           87.28
Grey Canarium                   80.54        81.61    84.28      86.22    86.06    87.39    87.21     89.97    89.43    90.00    90.39    90.00           87.24
Hekakoro                        75.65        80.00    88.47      85.00             85.00    85.00     90.00    89.15    90.00    90.00    90.00           84.35
Kwila                          254.44       262.03   262.40     261.48   274.18   268.65   268.29    266.01   269.44   261.60   266.19   263.74          264.71
Lophopetallum/Perupok           80.26        80.00    81.78      86.53    87.56    87.64    86.17     89.97    89.07    90.00    93.88    90.00           86.70
Malas                           81.39        80.71    82.79      88.35    87.86    89.68    90.09     89.54    89.93    90.00    86.99    90.00           87.08
Pencil Cedar                    99.27        97.98   103.97     106.46   100.70   108.61   107.87    107.85   109.52   108.27   109.62   109.49          105.45
PNG Mersawa                     87.66        80.00    95.52      93.96    97.93   101.51   102.34     94.46   104.96   107.88   107.78   109.08          101.38
PNG Walnut                      79.71        81.68    85.95      85.34    87.53    89.59    91.04     89.95    89.65    90.00    89.96    90.00           87.53
Red Canarium                    80.43        80.31    85.30      86.21    87.77    89.10    88.50     89.96    89.39    90.00    90.66    90.00           86.80
Red Planchonella                79.76        82.13    87.67      85.83    92.28    86.63    88.19     90.00    88.68    90.00    90.68    90.00           87.10
Taun                            98.94        99.24   103.69     104.83   106.57   111.25   109.00    109.87   109.74   110.42   111.35   109.97          107.05
Terminalia                      79.97        78.75    84.11      86.83    85.58    89.03    88.17     89.97    89.94    90.00    90.12    90.00           86.62
White Planchonella              80.10        80.31    87.21      85.52    86.41    91.60    87.88     89.96    89.98    90.00    91.32    90.00           88.47

All Group 1 Species             110.35      118.36   143.00     121.87   131.73   112.35   149.18    103.73   126.31   113.94   140.75   113.63           123.02
All Group 2 Species              68.78       73.21    75.28      76.46    77.79    79.42    79.38     79.12    80.09    81.25    80.04    80.27            77.69
All Group 3 Species              65.02       68.41    71.59      70.92    71.49    72.61    74.28     74.87    74.32    75.12    75.06    75.14            72.18
All Group 4 Species              59.87       62.33    65.94      65.55    68.26    68.67    69.34     70.07    68.79    70.20    72.49    70.16            67.39

Ave. Price (USD)               95.22 107.26 120.09 105.82 114.29                  97.78 121.89       94.15 106.93 103.05 121.01          99.69           106.47


Log Grade :                   Plantation diam 60+ cm: regular
                                                                                      Month
Species / Group                 12/22       11/22    10/22       9/22     8/22     7/22     6/22      5/22    4/22     3/22     2/22     1/22       Average

Terminalia                                                                        107.00             107.00                     107.00                   107.00
Group 2 Species                107.00                           117.20    92.00   111.91              85.67    95.00   146.50   107.00                    97.44

All Group 1 Species                                                               107.00             107.00                     107.00                    107.00
All Group 2 Species             107.00                          117.20    92.00   111.91              85.67    95.00   146.50   107.00                     97.44

Ave. Price (USD)              107.00                           117.20    92.00 107.64               105.12    95.00 146.50 107.00                        105.30




Notes: All prices are USD FOB per cubic metre; dates of prices from Bills of Lading

Report Number 6:        Page 1 of 5 pages      Date Printed:              29/01/2023 3:28:52 pm                                                   6- 1

Page 36 screenshot
Report - Monthly Average Actual Export Prices (USD) by Log Grades and Species/Groups               continued




Log Grade :                           Plantation diam 50 - 59 cm: small
                                                                                              Month
Species / Group                         12/22       11/22    10/22       9/22     8/22     7/22    6/22         5/22    4/22    3/22     2/22     1/22     Average

Terminalia                                                                                102.00               102.00                    102.00                 102.00
Group 2 Species                        102.00                           101.20    87.00   106.20                91.56   84.62   127.50   102.00                  99.92

All Group 1 Species                                                                       102.00               102.00                    102.00                  102.00
All Group 2 Species                     102.00                          101.20    87.00   106.20                91.56   84.62   127.50   102.00                   99.92

Ave. Price (USD)                      102.00                           101.20    87.00 103.08              100.10       84.62 127.50 102.00                     101.23


Log Grade :                           Plantation diam 40 - 49 cm: super small
                                                                                              Month
Species / Group                         12/22       11/22    10/22       9/22     8/22     7/22    6/22         5/22    4/22    3/22     2/22     1/22     Average

Terminalia                                                                                100.00               100.00                    100.00                 100.00
Group 2 Species                        100.68                            77.20    40.00    99.16                75.71   75.00   114.50   100.00                  84.92

All Group 1 Species                                                                       100.00               100.00                    100.00                  100.00
All Group 2 Species                     100.68                           77.20    40.00    99.16                75.71   75.00   114.50   100.00                   84.92

Ave. Price (USD)                      100.68                            77.20    40.00    99.67                84.71    75.00 114.50 100.00                      90.48


Log Grade :                           Plantation diam 30 - 39 cm: baby small
                                                                                              Month
Species / Group                         12/22       11/22    10/22       9/22     8/22     7/22    6/22         5/22    4/22    3/22     2/22     1/22     Average

Terminalia                                                                                 92.00                92.00                                            92.00
Group 2 Species                         89.36                            27.20    25.00    75.36                87.69            94.00    92.00                  66.71

All Group 1 Species                                                                        92.00                92.00                                             92.00
All Group 2 Species                      89.36                           27.20    25.00    75.36                87.69            94.00    92.00                   66.71

Ave. Price (USD)                       89.36                            27.20    25.00    79.76                88.26            94.00    92.00                   69.98


Log Grade :                           Plantation diam 20 - 29 cm: tiny small
                                                                                              Month
Species / Group                         12/22       11/22    10/22       9/22     8/22     7/22    6/22         5/22    4/22    3/22     2/22     1/22     Average

Teak (a) little small (plntn)                       250.00                                                                                                      250.00
Teak (b) tiny small (plntn)                         250.00                       250.00                                                                         250.00
Group 2 Species                         46.50                            17.20    22.00    60.93                46.50            56.50    82.00                  39.76

All Group 1 Species                                 250.00                       250.00                                                                          250.00
All Group 2 Species                      46.50                           17.20    22.00    60.93                46.50            56.50    82.00                   39.76

Ave. Price (USD)                       46.50 250.00                     17.20    37.41    60.93                46.50            56.50    82.00                   48.46




Notes: All prices are USD FOB per cubic metre; dates of prices from Bills of Lading

Report Number 6:                Page 2 of 5 pages      Date Printed:              29/01/2023 3:29:03 pm                                                  6- 2

Page 37 screenshot
Report - Monthly Average Actual Export Prices (USD) by Log Grades and Species/Groups              continued




Log Grade :                           Plantation diam 00 - 19 cm: little small
                                                                                             Month
Species / Group                         12/22       11/22    10/22      9/22      8/22     7/22    6/22        5/22    4/22     3/22     2/22     1/22       Average

Teak (a) little small (plntn)                       250.00                       250.00                                                                           250.00

All Group 1 Species                                 250.00                       250.00                                                                            250.00

Ave. Price (USD)                                 250.00                         250.00                                                                            250.00


Log Grade :                           Low Grade
                                                                                             Month
Species / Group                         12/22       11/22    10/22      9/22      8/22     7/22    6/22        5/22    4/22     3/22     2/22     1/22       Average

Burckella                               53.20        57.87    54.09     55.54     59.14   57.16    58.32       60.42    59.03    60.75   60.00     55.82           57.39
Calophyllum                             53.60        57.99    57.26     56.41     56.50   57.92    57.18       59.79    58.20    59.60   60.00     58.06           57.59
Dillenia                                53.90        57.83    53.59     56.22     58.72   58.91    59.34       59.93    59.90    61.25   60.00     58.54           57.75
Erima                                   53.89        57.26    58.46     54.09     63.53   58.60    59.75       55.93    58.25    58.62   60.00     55.45           57.01
Grey Canarium                           52.29        57.36    52.80     56.40     55.88   55.99    56.01       56.66    57.73    59.28   60.00     55.57           55.72
Hekakoro                                52.58                                     58.36   55.00    55.00                55.00                      53.33           55.16
Kwila                                  204.50       230.00   259.41    230.00    265.00   58.55   265.00      261.01   264.87   254.53            197.75          248.75
Lophopetallum/Perupok                   53.10        56.29    52.54     55.77     54.18   57.18    55.14       60.00    53.06    59.60   60.00     53.84           54.36
Malas                                   54.73        58.21    54.99     56.11     59.58   59.21    59.37       59.77    58.80    59.53   60.00     56.50           57.68
Pencil Cedar                            51.77        57.78    54.93     55.43     57.44   57.47    57.25       60.19    58.85    59.40   60.00     58.16           57.10
PNG Mersawa                             51.90                 54.06     55.32     57.68   55.00    52.06       59.89    60.00    60.00   60.00     61.42           56.40
PNG Walnut                              55.46        59.20    58.88     52.87     58.54   59.57    59.70       60.54    59.80    58.12   60.00     57.74           58.01
Red Canarium                            53.19        57.26    55.52     54.49     55.38   58.88    57.42       59.59    58.32    60.15   60.00     57.58           56.85
Red Planchonella                        51.80        57.94    56.40     55.00     58.24   57.78    58.18       59.82    59.30    63.29   60.00     61.43           57.21
Taun                                    53.64        57.68    58.21     55.74     58.38   57.58    58.40       59.96    58.71    58.22   60.00     57.75           57.30
Terminalia                              53.08        58.23    57.36     54.69     58.09   59.08    58.59       60.26    59.01    60.07   60.00     59.22           57.75
White Planchonella                      53.98        57.75    56.83     54.89     54.32   57.81    56.51       59.66    59.21    55.82   60.00     55.85           56.28

All Group 1 Species                      58.49       61.65    57.56     70.96     69.72   57.67    99.11      109.12    71.22    68.91   60.00     64.94            69.94
All Group 2 Species                      52.79       59.34    55.04     53.81     57.33   58.10    56.23       59.11    59.17    58.69   60.00     53.71            56.23
All Group 3 Species                      54.05       59.01    56.17     55.15     55.94   58.20    57.84       60.32    58.48    59.56   60.00     55.71            57.08
All Group 4 Species                      53.67       58.88    56.88     55.50     57.94   58.75    58.51       59.60    58.93    59.56   60.00     55.49            57.54

Ave. Price (USD)                       57.05        60.91    56.95     66.08     66.72    57.99   85.65 100.30         67.30    65.56    60.00    63.12            65.99


Log Grade :                           Diameter Class 60+ cm
                                                                                             Month
Species / Group                         12/22       11/22    10/22      9/22      8/22     7/22    6/22        5/22    4/22     3/22     2/22     1/22       Average

Kwila                                                                                                                                             320.00          320.00

All Group 1 Species                                                                                                                               320.00           320.00

Ave. Price (USD)                                                                                                                                 320.00           320.00




Notes: All prices are USD FOB per cubic metre; dates of prices from Bills of Lading

Report Number 6:                Page 3 of 5 pages      Date Printed:              29/01/2023 3:29:12 pm                                                    6- 3

Page 38 screenshot
Report - Monthly Average Actual Export Prices (USD) by Log Grades and Species/Groups   continued




Log Grade :                 Diameter Class 50 - 59 cm
                                                                                  Month
Species / Group                12/22      11/22   10/22     9/22      8/22     7/22    6/22        5/22   4/22   3/22   2/22    1/22       Average

Kwila                                                                                                                           300.00          300.00

All Group 1 Species                                                                                                             300.00           300.00

Ave. Price (USD)                                                                                                               300.00           300.00


Log Grade :                 Diameter Class 40 - 49 cm
                                                                                  Month
Species / Group                12/22      11/22   10/22     9/22      8/22     7/22    6/22        5/22   4/22   3/22   2/22    1/22       Average

Kwila                                                                                                                           280.00          280.00

All Group 1 Species                                                                                                             280.00           280.00

Ave. Price (USD)                                                                                                               280.00           280.00


Log Grade :                 Diameter Class 30 - 39 cm
                                                                                  Month
Species / Group                12/22      11/22   10/22     9/22      8/22     7/22    6/22        5/22   4/22   3/22   2/22    1/22       Average

Kwila                                                                                                                           260.00          260.00

All Group 1 Species                                                                                                             260.00           260.00

Ave. Price (USD)                                                                                                               260.00           260.00




Notes: All prices are USD FOB per cubic metre; dates of prices from Bills of Lading

Report Number 6:      Page 4 of 5 pages     Date Printed:             29/01/2023 3:29:16 pm                                              6- 4

Page 39 screenshot
Report - Monthly Average Actual Export Prices (USD) by Log Grades and Species/Groups              continued



Log Grade :                           All Logs
                                                                                             Month
Species / Group                                                                                                                                             Average
                                        12/22       11/22    10/22      9/22     8/22     7/22     6/22        5/22    4/22     3/22     2/22     1/22

Burckella                               79.45        78.85    82.26     82.01    82.72    87.78    84.83       87.47    84.95    86.12    86.49    85.15           83.52
Calophyllum                             95.04        88.40    92.06     99.16    97.23   103.06   100.71       97.93    97.65    99.78   107.07    98.37           97.11
Dillenia                                77.75        81.01    80.22     81.99    85.83    88.49    87.85       83.95    88.35    86.14    92.84    86.51           83.98
Erima                                   75.82        76.78    79.75     80.55    85.86    90.23    84.47       84.31    87.25    88.86    93.21    87.89           84.59
Grey Canarium                           75.75        74.30    79.61     81.73    75.97    81.25    82.06       87.06    84.15    84.26    89.44    87.06           82.56
Hekakoro                                73.75        80.00    88.47     85.00    58.36    74.36    78.03       90.00    88.55    90.00    90.00    75.92           81.66
Kwila                                  251.38       260.82   262.39    258.03   273.64   268.51   267.92      262.39   269.05   261.01   266.19   259.73          263.54
Lophopetallum/Perupok                   72.96        74.39    75.00     83.31    83.80    85.15    74.90       89.36    82.53    86.46    93.24    82.72           81.19
Malas                                   76.97        75.38    76.39     82.22    83.33    86.30    87.34       83.45    86.45    83.93    84.32    81.43           81.69
Pencil Cedar                            93.14        89.78    96.67     98.93    91.89   103.09    99.59       97.54    99.39    98.45   104.86    95.58           97.27
PNG Mersawa                             79.01        80.00    80.56     80.32    92.98    85.47    99.31       87.17    98.22   105.87    94.72   102.25           90.87
PNG Walnut                              70.98        70.34    69.60     76.89    80.11    81.45    84.99       86.21    81.63    88.72    84.39    84.67           79.34
Red Canarium                            77.26        75.49    80.44     80.37    82.39    84.83    83.35       86.18    83.36    86.26    86.45    84.85           82.14
Red Planchonella                        72.59        75.58    77.05     81.19    86.14    83.02    83.78       83.69    81.29    88.63    84.44    85.26           80.90
Taun                                    84.37        85.67    83.21     96.91    92.40   103.66    96.95      103.25    96.16   103.17   106.56    98.86           95.41
Teak (a) little small (plntn)                       250.00                      250.00                                                                            250.00
Teak (b) tiny small (plntn)                         250.00                      250.00                                                                            250.00
Terminalia                              75.43        73.58    79.55     79.77    78.51    92.05    82.57       94.05    82.24    86.76    88.24    82.50           83.93
White Planchonella                      69.39        71.51    80.94     81.45    82.49    87.11    83.33       88.87    85.83    84.69    88.08    84.46           83.05

All Group 1 Species                     100.19      105.71   123.54    113.11   120.66   104.78   141.33      104.63   115.76   107.91   133.04   105.63          113.52
All Group 2 Species                      66.03       66.92    66.35     59.53    56.15    78.37    77.42       77.03    77.42    82.14    85.44    77.84           73.07
All Group 3 Species                      62.79       65.82    67.13     68.12    69.21    70.02    71.48       73.11    71.74    71.86    72.70    73.14           69.40
All Group 4 Species                      58.87       61.41    63.86     64.28    66.58    67.15    67.82       69.20    67.14    68.09    70.90    68.88           65.87


Ave. Price (USD)                       87.94        96.10 104.21       97.58 103.54      91.83 116.45         94.55    99.66    97.34 114.36      94.84           98.94




Notes: All prices are USD FOB per cubic metre; dates of prices from Bills of Lading

Report Number 6:                Page 5 of 5 pages      Date Printed:             29/01/2023 3:29:37 pm                                                     6- 5

Page 40 screenshot
    Mean Monthly Endorsed Prices (USD) by Log Grades
                  and Species/Groups

Log Grade : Saw/Veneer
                                                                                     Month
Species / Group                                                                                                                                 12-month
                                12/22       11/22    10/22      9/22     8/22     7/22     6/22     5/22    4/22     3/22     2/22     1/22      average

Burckella                       80.88        81.04    80.89     84.69    86.39    89.65    88.47    88.99    90.00    89.97    90.00    90.00         86.31
Calophyllum                     97.97       100.85    98.91    101.50   104.58   106.54   108.95   108.40   110.00   109.81   110.00   110.09        104.45
Dillenia                        80.40        80.45    83.01     83.37    86.27    89.09    87.83    88.21    90.00    89.64    90.00    90.00         86.27
Erima                           79.24        80.41    79.27     80.40    83.51    89.60    92.13    87.99    90.16    89.95    90.00    90.00         86.29
Grey Canarium                   81.28        81.07    78.77     83.48    84.89    89.76    87.67    87.44    90.00    89.49    90.00    90.00         86.05
Hekakoro                        90.00        84.41    77.17              88.54             85.00    89.40    90.00    86.61    90.00    90.00         85.50
Kwila                          250.53       255.18   259.81    261.16   262.42   269.81   271.74   265.40   268.20   270.09   285.96   262.98        263.27
Lophopetallum/Perupok           78.30        80.58    77.96     83.26    83.52    90.50    87.51    87.76    90.00    89.28    90.00    90.00         86.12
Malas                           84.61        80.92    80.80     82.46    86.56    89.31    88.29    89.48    90.21    89.95    90.00    90.00         86.78
Pencil Cedar                    97.37        99.18    98.42    100.26   105.43   107.37   108.23   105.55   109.62   107.71   109.45   110.13        104.12
PNG Mersawa                     84.48        80.00    87.22     93.62    95.00    97.10    99.22   101.20   109.47    98.43   109.99   107.28         98.56
PNG Walnut                      80.25        80.88    79.23     86.58    84.12    89.83    89.55    89.10    90.30    89.56    90.00    90.00         86.61
Red Canarium                    80.58        81.53    79.18     84.45    84.79    89.52    89.77    88.46    90.21    89.52    90.00    90.00         85.96
Red Planchonella                81.46        80.80    79.01     85.15    84.62    91.28    88.38    88.34    90.00    89.07    90.00    90.00         86.52
Taun                            97.24       100.34    97.65    102.87   103.14   109.56   112.58   108.57   110.02   109.83   110.57   110.48        106.14
Terminalia                      80.03        80.78    78.31     82.20    84.76    89.10    89.62    88.07    90.32    89.96    90.00    90.00         85.73
White Planchonella              78.49        80.48    80.00     85.09    87.35    89.93    90.08    87.77    90.00    89.97    90.00    90.00         87.78

All Group 1 Species            124.17       111.06   110.30    148.54   124.84   125.61   111.18   122.07   106.61   134.60   118.66   118.68        121.42
All Group 2 Species             68.63        71.48    68.52     74.20    74.34    78.78    80.26    78.89    81.21    80.59    80.00    80.40         77.12
All Group 3 Species             64.29        67.12    66.18     70.08    67.82    74.33    73.22    73.20    75.49    74.45    75.00    75.34         71.53
All Group 4 Species             60.06        62.03    58.46     63.65    64.04    69.71    69.17    68.26    70.24    69.04    70.00    70.26         66.41
Mixed Group Species                                                                        60.00                                                      60.00

Mean Grade Price              109.59        97.92    96.32 129.35 109.13 108.03           98.07 102.46      95.94 113.85 103.14 105.90           105.49




Notes: All prices are USD per cubic metre; dates of prices from PNGFA Permit Notices


Report Number 7:        Page 1 of 5 pages      Date Printed:             29/01/2023 3:30:25 pm                                                7- 1

Page 41 screenshot
Report - Mean Monthly Endorsed Prices (USD) by Log Grades and Species/Groups       continued



Log Grade : Plantation diam 60+ cm: regular
                                                                                   Month
Species / Group                                                                                                                             12-month
                              12/22       11/22    10/22     9/22     8/22      7/22     6/22     5/22    4/22     3/22    2/22    1/22      average

Terminalia                                                                              107.00            107.00                   107.00        107.00
Group 2 Species                           107.00                     107.12     70.00   107.00   151.00    85.16   95.55           109.24         97.92

All Group 1 Species                                                                     107.00            107.00                   107.00        107.00
All Group 2 Species                       107.00                     107.12     70.00   107.00   151.00    85.16   95.55           109.24         97.92

Mean Grade Price                      107.00                        107.12     70.00 107.00 151.00 103.91          95.55          107.73     104.59



Log Grade : Plantation diam 50 - 59 cm: small
                                                                                   Month
Species / Group                                                                                                                             12-month
                              12/22       11/22    10/22     9/22     8/22      7/22     6/22     5/22    4/22     3/22    2/22    1/22      average

Terminalia                                                                              102.00            102.00                   102.00        102.00
Group 2 Species                           102.00                      96.91     60.00   102.00   132.00    85.75   94.84           106.25         99.78

All Group 1 Species                                                                     102.00            102.00                   102.00        102.00
All Group 2 Species                       102.00                      96.91     60.00   102.00   132.00    85.75   94.84           106.25         99.78

Mean Grade Price                      102.00                         96.91     60.00 102.00 132.00        99.05    94.84          104.77     101.06



Log Grade : Plantation diam 40 - 49 cm: super small
                                                                                   Month
Species / Group                                                                                                                             12-month
                              12/22       11/22    10/22     9/22     8/22      7/22     6/22     5/22    4/22     3/22    2/22    1/22      average

Terminalia                                                                     106.00   100.00            100.00                   100.00        100.00
Group 2 Species                           101.03   106.00             66.18     50.00   100.00   119.00    64.32   92.07           105.01         79.28

All Group 1 Species                                                            106.00   100.00            100.00                   100.00        100.00
All Group 2 Species                       101.03   106.00             66.18     50.00   100.00   119.00    64.32   92.07           105.01         79.28

Mean Grade Price                      101.03 106.00                  66.18     50.02 100.00 119.00        78.50    92.07          103.95         84.72



Log Grade : Plantation diam 30 - 39 cm: baby small
                                                                                   Month
Species / Group                                                                                                                             12-month
                              12/22       11/22    10/22     9/22     8/22      7/22     6/22     5/22    4/22     3/22    2/22    1/22      average

Terminalia                                                                      86.00    92.00             92.00                    92.00         92.00
Group 2 Species                            88.43    86.00             25.94              92.00    98.50    92.00   86.00            93.23         70.84

All Group 1 Species                                                             86.00    92.00             92.00                    92.00         92.00
All Group 2 Species                        88.43    86.00             25.94              92.00    98.50    92.00   86.00            93.23         70.84

Mean Grade Price                          88.43    86.00             25.94     86.00    92.00    98.50    92.00    86.00           93.09         75.40




Notes: All prices are USD per cubic metre; dates of prices from PNGFA Permit Notices


Report Number 7:      Page 2 of 5 pages      Date Printed:            29/01/2023 3:30:28 pm                                               7- 2

Page 42 screenshot
Report - Mean Monthly Endorsed Prices (USD) by Log Grades and Species/Groups                 continued



Log Grade : Plantation diam 20 - 29 cm: tiny small
                                                                                             Month
Species / Group                                                                                                                                           12-month
                                        12/22       11/22     10/22     9/22    8/22      7/22     6/22     5/22     4/22     3/22     2/22      1/22      average

Teak (b) tiny small (plntn)                                   250.00                     250.00                      250.00                                    250.00
Terminalia                                                                                                            82.00                       82.00         82.00
Group 2 Species                                      46.50     46.50            19.82              82.00    61.00     82.00    46.50              58.00         40.36

All Group 1 Species                                           250.00                     250.00                      220.35                       82.00        232.13
All Group 2 Species                                  46.50     46.50            19.82              82.00    61.00     82.00    46.50              58.00         40.36

Mean Grade Price                                    46.50 241.64               19.82 250.00       82.00    61.00 176.08       46.50              58.14         45.60



Log Grade : Plantation diam 00 - 19 cm: little small
                                                                                             Month
Species / Group                                                                                                                                           12-month
                                        12/22       11/22     10/22     9/22    8/22      7/22     6/22     5/22     4/22     3/22     2/22      1/22      average

Teak (a) little small (plntn)                                 250.00                     250.00                      250.00                                    250.00

All Group 1 Species                                           250.00                     250.00                      250.00                                    250.00

Mean Grade Price                                             250.00                     250.00                      250.00                                 250.00



Log Grade : Low Grade
                                                                                             Month
Species / Group                                                                                                                                           12-month
                                        12/22       11/22     10/22     9/22    8/22      7/22     6/22     5/22     4/22     3/22     2/22      1/22      average

Kwila                                  206.67       230.00                     230.00    265.00   265.00   270.00    263.50   265.00   265.00    250.00        246.86
Taun                                                                                                                  65.00                                     65.00

All Group 1 Species                    206.67       230.00                     230.00    265.00   265.00   270.00    246.30   265.00   265.00    250.00        244.64
Mixed Group Species                     53.43        55.73     54.43   55.97    55.36     58.96    58.16    58.51     59.62    58.95    60.38     59.42         56.96

Mean Grade Price                       71.88        57.01     54.43    55.97   67.95     63.97    80.51    75.81     88.35    65.43 102.75 108.44              69.89



Log Grade : Diameter Class 60+ cm
                                                                                             Month
Species / Group                                                                                                                                           12-month
                                        12/22       11/22     10/22     9/22    8/22      7/22     6/22     5/22     4/22     3/22     2/22      1/22      average

Kwila                                                                                                                                            320.00        320.00

All Group 1 Species                                                                                                                              320.00        320.00

Mean Grade Price                                                                                                                                320.00     320.00




Notes: All prices are USD per cubic metre; dates of prices from PNGFA Permit Notices


Report Number 7:                Page 3 of 5 pages      Date Printed:            29/01/2023 3:30:32 pm                                                   7- 3

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Report - Mean Monthly Endorsed Prices (USD) by Log Grades and Species/Groups      continued



Log Grade : Diameter Class 50 - 59 cm
                                                                                 Month
Species / Group                                                                                                                      12-month
                              12/22       11/22   10/22     9/22    8/22       7/22     6/22   5/22   4/22   3/22   2/22    1/22      average

Kwila                                                                                                                       300.00        300.00

All Group 1 Species                                                                                                         300.00        300.00

Mean Grade Price                                                                                                           300.00     300.00



Log Grade : Diameter Class 40 - 49 cm
                                                                                 Month
Species / Group                                                                                                                      12-month
                              12/22       11/22   10/22     9/22    8/22       7/22     6/22   5/22   4/22   3/22   2/22    1/22      average

Kwila                                                                                                                       280.00        280.00

All Group 1 Species                                                                                                         280.00        280.00

Mean Grade Price                                                                                                           280.00     280.00



Log Grade : Diameter Class 30 - 39 cm
                                                                                 Month
Species / Group                                                                                                                      12-month
                              12/22       11/22   10/22     9/22    8/22       7/22     6/22   5/22   4/22   3/22   2/22    1/22      average

Kwila                                                                                                                       260.00        260.00

All Group 1 Species                                                                                                         260.00        260.00

Mean Grade Price                                                                                                           260.00     260.00




Notes: All prices are USD per cubic metre; dates of prices from PNGFA Permit Notices


Report Number 7:      Page 4 of 5 pages     Date Printed:            29/01/2023 3:30:34 pm                                         7- 4

Page 44 screenshot
Report - Mean Monthly Endorsed Prices (USD) by Log Grades and Species/Groups                      continued


Log Grade : All Logs
                                                                                             Month
Species / Group                                                                                                                                              12-month
                                        12/22       11/22    10/22      9/22     8/22     7/22       6/22      5/22    4/22     3/22     2/22     1/22        average

Burckella                               80.88        81.04    80.89     84.69    86.39    89.65     88.47      88.99    90.00    89.97    90.00    90.00           86.31
Calophyllum                             97.97       100.85    98.91    101.50   104.58   106.54    108.95     108.40   110.00   109.81   110.00   110.09          104.45
Dillenia                                80.40        80.45    83.01     83.37    86.27    89.09     87.83      88.21    90.00    89.64    90.00    90.00           86.27
Erima                                   79.24        80.41    79.27     80.40    83.51    89.60     92.13      87.99    90.16    89.95    90.00    90.00           86.29
Grey Canarium                           81.28        81.07    78.77     83.48    84.89    89.76     87.67      87.44    90.00    89.49    90.00    90.00           86.05
Hekakoro                                90.00        84.41    77.17              88.54              85.00      89.40    90.00    86.61    90.00    90.00           85.50
Kwila                                  240.47       254.51   259.81    261.16   259.48   269.55    269.42     265.97   265.45   269.85   276.83   263.68          261.35
Lophopetallum/Perupok                   78.30        80.58    77.96     83.26    83.52    90.50     87.51      87.76    90.00    89.28    90.00    90.00           86.12
Malas                                   84.61        80.92    80.80     82.46    86.56    89.31     88.29      89.48    90.21    89.95    90.00    90.00           86.78
Pencil Cedar                            97.37        99.18    98.42    100.26   105.43   107.37    108.23     105.55   109.62   107.71   109.45   110.13          104.12
PNG Mersawa                             84.48        80.00    87.22     93.62    95.00    97.10     99.22     101.20   109.47    98.43   109.99   107.28           98.56
PNG Walnut                              80.25        80.88    79.23     86.58    84.12    89.83     89.55      89.10    90.30    89.56    90.00    90.00           86.61
Red Canarium                            80.58        81.53    79.18     84.45    84.79    89.52     89.77      88.46    90.21    89.52    90.00    90.00           85.96
Red Planchonella                        81.46        80.80    79.01     85.15    84.62    91.28     88.38      88.34    90.00    89.07    90.00    90.00           86.52
Taun                                    97.24       100.34    97.65    102.87   103.14   109.56    112.58     108.57   109.56   109.83   110.57   110.48          106.10
Teak (a) little small (plntn)                                250.00                      250.00                        250.00                                     250.00
Teak (b) tiny small (plntn)                                  250.00                      250.00                        250.00                                     250.00
Terminalia                              80.03        80.78    78.31     82.20    84.76    89.11     93.91      88.07    95.74    89.96    90.00    92.40           88.00
White Planchonella                      78.49        80.48    80.00     85.09    87.35    89.93     90.08      87.77    90.00    89.97    90.00    90.00           87.78

All Group 1 Species                    129.11       111.45   110.49    148.54   126.63   127.01    114.84     124.99   111.82   135.90   128.56   125.15          124.00
All Group 2 Species                     68.63        71.66    68.53     74.20    47.26    72.21     86.40      82.69    77.23    80.85    80.00    88.46           75.81
All Group 3 Species                     64.29        67.12    66.18     70.08    67.82    74.33     73.22      73.20    75.49    74.45    75.00    75.34           71.53
All Group 4 Species                     60.06        62.03    58.46     63.65    64.04    69.71     69.17      68.26    70.24    69.04    70.00    70.26           66.41
Mixed Group Species                     53.43        55.73    54.43     55.97    55.36    58.96     58.43      58.51    59.62    58.95    60.38    59.42           56.99

Overall Mean Price                     98.75        87.97    91.69 110.54       99.52    98.63     95.40      98.96    94.40 104.88 103.07 106.86                 98.56




Notes: All prices are USD per cubic metre; dates of prices from PNGFA Permit Notices


Report Number 7:                Page 5 of 5 pages      Date Printed:             29/01/2023 3:30:48 pm                                                     7- 5

Page 45 screenshot
              Monthly Endorsed Volumes (m3) by Log Grades and
                              Species/Groups

Log Grade :                   Saw/Veneer
                                                                                        Month
Species / Group                12/22        11/22    10/22       9/22      8/22      7/22      6/22      5/22      4/22      3/22     2/22      1/22              Total


Burckella                       1,926     7,495       4,689      3,315     3,009     6,496     2,736     3,178     3,327     3,562     3,057     2,092           44,882
Calophyllum                    15,002    33,401      14,620      8,496    12,907    10,406    13,611    11,570    12,165    13,176     5,351     4,384          155,090
Dillenia                        4,879    19,154      11,098      7,383     4,814    16,529    11,496     8,578     7,904    15,159     5,102     4,395          116,493
Erima                           6,141     8,668       2,974      4,375     5,090     4,004     5,683     4,964     6,240     8,140     5,337     7,096           68,713
Grey Canarium                     823     2,474       1,069      1,264     1,929     1,276     1,469     1,771     1,645     1,977       638     1,065           17,399
Hekakoro                            3        50         109                   63                   5        42        66        30        40        20              428
Kwila                          30,233    25,530      17,368     38,476    27,906    24,769     7,920    21,284     3,540    40,622     8,389    11,537          257,574
Lophopetallum/Perupok             271     1,199         347        625       688       649     1,210       878       612     1,379       252       382            8,494
Malas                           8,628    17,498      19,117     12,829     8,182    23,567    12,125    21,597     9,643    21,084     8,553     8,825          171,647
Pencil Cedar                    4,656    12,560       9,347      5,082     5,858     4,445     8,149     7,107     6,051     5,644     3,828     4,383           77,109
PNG Mersawa                     9,225       905         900      1,445     5,743     3,769     3,888     5,305     1,846     2,348     6,822     8,683           50,879
PNG Walnut                      2,267     4,223       2,404      1,721     2,674     1,916     2,759     2,930     3,304     3,431     2,526     3,091           33,244
Red Canarium                    6,886     8,361       6,754      2,930     9,675     5,487     6,868     5,857     4,654     7,222     3,065     4,264           72,023
Red Planchonella                  212       877         427        299       691       542       586       750       412       809       135       583            6,323
Taun                           37,452    52,669      41,951     21,757    55,072    42,069    46,719    44,082    45,912    62,419    29,046    32,747          511,894
Terminalia                     12,294    14,808       9,959      4,416    14,411     7,849     9,651     9,304     9,238    11,437     6,546     9,898          119,810
White Planchonella                312       994         179        738     1,686       909     1,328     2,095     1,179     1,516       606       902           12,444
Group 1 Species Total       141,209 210,865 143,310 115,152 160,398 154,684 136,203 151,292 117,737 199,954                          89,295 104,347        1,724,445
Group 2 Species Total          8,952    14,626       8,809      8,787     6,297    16,384     9,185    22,522     9,946    24,253    10,084     8,654        148,499
Group 3 Species Total        14,607     28,550      22,763     11,690    17,182    27,220    17,195    34,104    18,289    35,714    14,759    11,879        253,951
Group 4 Species Total        20,826     41,934      28,322     15,719    35,309    34,520    33,574    42,064    28,653    43,175    22,226    21,027        367,350
Mixed Grp Spp. Total                                                                          5,913                                                            5,913

Total Volume (m3)           185,593 295,975 203,204 151,348 219,186 232,808 202,069 249,981 174,625 303,096 136,364 145,907                                2,500,157



Log Grade :                   Plantation diam 60+ cm: regular
                                                                                        Month
Species / Group                12/22        11/22    10/22       9/22      8/22      7/22      6/22      5/22      4/22      3/22     2/22      1/22              Total


Terminalia                                                                                      680                2,700                          550             3,930
Group 2 Species                               34                             50        41       170        45        445      372                 265             1,422
Group 1 Species Total                                                                          680                2,700                          550              3,930
Group 2 Species Total                         34                             50        41      170         45      445       372                 265              1,422

Total Volume (m3)                             34                             50        41      850         45     3,145      372                 815              5,352




Report Number 8:        Page 1 of 4 pages      Date Printed:                29/01/2023 3:31:19 pm                                                        8- 1

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Report - Monthly Endorsed Volumes (m3) by Log Grades and Species/Groups                continued




Log Grade :                           Plantation diam 50 - 59 cm: small
                                                                                             Month
Species / Group                        12/22        11/22   10/22      9/22   8/22        7/22     6/22    5/22    4/22    3/22     2/22   1/22             Total


Terminalia                                                                                         1,600           3,210                     800            5,610
Group 2 Species                                       21                        430        165       430     310     711     590           1,500            4,157
Group 1 Species Total                                                                              1,600           3,210                    800             5,610
Group 2 Species Total                                 21                       430        165       430     310     711     590            1,500            4,157

Total Volume (m3)                                     21                       430        165      2,030    310    3,921    590            2,300            9,767



Log Grade :                           Plantation diam 40 - 49 cm: super small
                                                                                             Month
Species / Group                        12/22        11/22   10/22      9/22   8/22        7/22     6/22    5/22    4/22    3/22     2/22   1/22             Total


Terminalia                                                                                    2    3,800           3,050                    1,100           7,952
Group 2 Species                                       29        3              2,700      4,749    2,000   1,580   4,626    2,542           4,125          22,354
Group 1 Species Total                                                                        2     3,800           3,050                   1,100            7,952
Group 2 Species Total                                 29        3             2,700     4,749      2,000   1,580   4,626   2,542           4,125           22,354

Total Volume (m3)                                     29        3             2,700     4,751      5,800   1,580   7,676   2,542           5,225           30,306



Log Grade :                           Plantation diam 30 - 39 cm: baby small
                                                                                             Month
Species / Group                        12/22        11/22   10/22      9/22   8/22        7/22     6/22    5/22    4/22    3/22     2/22   1/22             Total


Terminalia                                                                                   2     1,900           3,550                     540            5,992
Group 2 Species                                       14        3              7,000               3,420   2,615     700   3,680           4,410           21,842
Group 1 Species Total                                                                        2     1,900           3,550                    540             5,992
Group 2 Species Total                                 14        3             7,000                3,420   2,615    700    3,680           4,410           21,842

Total Volume (m3)                                     14        3             7,000          2     5,320   2,615   4,250   3,680           4,950           27,834



Log Grade :                           Plantation diam 20 - 29 cm: tiny small
                                                                                             Month
Species / Group                        12/22        11/22   10/22      9/22   8/22        7/22     6/22    5/22    4/22    3/22     2/22   1/22             Total


Teak (b) tiny small (plntn)                                    70                           70                        70                                      210
Terminalia                                                                                                            15                       10              25
Group 2 Species                                       15        3              3,524                  20   1,450      40    1,600           1,700           8,352
Group 1 Species Total                                          70                           70                       85                       10              235
Group 2 Species Total                                 15        3             3,524                  20    1,450     40    1,600           1,700            8,352

Total Volume (m3)                                     15       73             3,524         70       20    1,450    125    1,600           1,710            8,587



Log Grade :                           Plantation diam 00 - 19 cm: little small
                                                                                             Month
Species / Group                        12/22        11/22   10/22      9/22   8/22        7/22     6/22    5/22    4/22    3/22     2/22   1/22             Total


Teak (a) little small (plntn)                                 130                          130                       130                                     390
Group 1 Species Total                                         130                         130                       130                                      390

Total Volume (m3)                                             130                         130                       130                                       390


Report Number 8:                Page 2 of 4 pages      Date Printed:            29/01/2023 3:31:20 pm                                               8- 2

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Report - Monthly Endorsed Volumes (m3) by Log Grades and Species/Groups         continued




Log Grade :                 Low Grade
                                                                                      Month
Species / Group              12/22        11/22    10/22       9/22     8/22       7/22       6/22      5/22      4/22      3/22     2/22      1/22             Total


Kwila                         9,000        700                          2,780      1,390      4,150     3,045     5,005     2,005     6,480     3,921          38,476
Taun                                                                                                                475                                           475
Group 1 Species Total        9,000         700                         2,780     1,390       4,150     3,045     5,480     2,005     6,480     3,921            38,951
Mixed Grp Spp. Total        65,784    94,464      26,089     52,169   35,794    55,749      34,250    34,168    30,127    61,721    24,817    11,320           526,452

Total Volume (m3)           74,784    95,164      26,089     52,169   38,574    57,139      38,400    37,213    35,607    63,726    31,297    15,241           565,403



Log Grade :                 Diameter Class 60+ cm
                                                                                      Month
Species / Group              12/22        11/22    10/22       9/22     8/22       7/22       6/22      5/22      4/22      3/22     2/22      1/22             Total


Kwila                                                                                                                                            827              827
Group 1 Species Total                                                                                                                           827               827

Total Volume (m3)                                                                                                                               827               827



Log Grade :                 Diameter Class 50 - 59 cm
                                                                                      Month
Species / Group              12/22        11/22    10/22       9/22     8/22       7/22       6/22      5/22      4/22      3/22     2/22      1/22             Total


Kwila                                                                                                                                            281              281
Group 1 Species Total                                                                                                                           281               281

Total Volume (m3)                                                                                                                               281               281



Log Grade :                 Diameter Class 40 - 49 cm
                                                                                      Month
Species / Group              12/22        11/22    10/22       9/22     8/22       7/22       6/22      5/22      4/22      3/22     2/22      1/22             Total


Kwila                                                                                                                                            306              306
Group 1 Species Total                                                                                                                           306               306

Total Volume (m3)                                                                                                                               306               306



Log Grade :                 Diameter Class 30 - 39 cm
                                                                                      Month
Species / Group              12/22        11/22    10/22       9/22     8/22       7/22       6/22      5/22      4/22      3/22     2/22      1/22             Total


Kwila                                                                                                                                             15               15
Group 1 Species Total                                                                                                                             15               15

Total Volume (m3)                                                                                                                                 15               15




Report Number 8:      Page 3 of 4 pages      Date Printed:               29/01/2023 3:31:21 pm                                                          8- 3

Page 48 screenshot
Report - Monthly Endorsed Volumes (m3) by Log Grades and Species/Groups                    continued


Log Grade :                           All Logs
                                                                                                 Month
Species / Group                                                                                                                                                           Total
                                       12/22        11/22    10/22       9/22      8/22       7/22       6/22      5/22      4/22      3/22     2/22      1/22

Burckella                               1,926       7,495     4,689      3,315     3,009      6,496      2,736     3,178     3,327     3,562     3,057     2,092      44,882
Calophyllum                            15,002    33,401      14,620      8,496    12,907    10,406      13,611    11,570    12,165    13,176     5,351     4,384     155,090
Dillenia                                4,879    19,154      11,098      7,383     4,814    16,529      11,496     8,578     7,904    15,159     5,102     4,395     116,493
Erima                                   6,141       8,668     2,974      4,375     5,090      4,004      5,683     4,964     6,240     8,140     5,337     7,096      68,713
Grey Canarium                            823        2,474     1,069      1,264     1,929      1,276      1,469     1,771     1,645     1,977      638      1,065      17,399
Hekakoro                                    3         50       109                   63                     5        42        66        30        40        20             428
Kwila                                  39,233    26,230      17,368     38,476    30,686    26,159      12,070    24,329     8,546    42,627    14,869    16,887     297,479
Lophopetallum/Perupok                    271        1,199      347        625       688        649       1,210      878       612      1,379      252       382           8,494
Malas                                   8,628    17,498      19,117     12,829     8,182    23,567      12,125    21,597     9,643    21,084     8,553     8,825     171,647
Pencil Cedar                            4,656    12,560       9,347      5,082     5,858      4,445      8,149     7,107     6,051     5,644     3,828     4,383      77,109
PNG Mersawa                             9,225        905       900       1,445     5,743      3,769      3,888     5,305     1,846     2,348     6,822     8,683      50,879
PNG Walnut                              2,267       4,223     2,404      1,721     2,674      1,916      2,759     2,930     3,304     3,431     2,526     3,091      33,244
Red Canarium                            6,886       8,361     6,754      2,930     9,675      5,487      6,868     5,857     4,654     7,222     3,065     4,264      72,023
Red Planchonella                         212         877       427        299       691        542        586       750       412       809       135       583           6,323
Taun                                   37,452    52,669      41,951     21,757    55,072    42,069      46,719    44,082    46,387    62,419    29,046    32,747     512,369
Teak (a) little small (plntn)                                  130                             130                            130                                           390
Teak (b) tiny small (plntn)                                     70                              70                             70                                           210
Terminalia                             12,294    14,808       9,959      4,416    14,411      7,853     17,631     9,304    21,763    11,437     6,546    12,898     143,319
White Planchonella                       312         994       179        738      1,686       909       1,328     2,095     1,179     1,516      606       902       12,444

Group 1 Species Total               150,209 211,565 143,510 115,152 163,178 156,278 148,333 154,337 135,942 201,959                            95,775 112,697      1,788,935
Group 2 Species Total                  8,952    14,739       8,818      8,787    20,001    21,339      15,225    28,522    16,468    33,037    10,084    20,654      206,626
Group 3 Species Total                14,607     28,550      22,763     11,690    17,182    27,220      17,195    34,104    18,289    35,714    14,759    11,879      253,951
Group 4 Species Total                20,826     41,934      28,322     15,719    35,309    34,520      33,574    42,064    28,653    43,175    22,226    21,027      367,350
Mixed Grp Spp Total                  65,784     94,464      26,089     52,169    35,794    55,749      40,163    34,168    30,127    61,721    24,817    11,320      532,364

Total Volume (m3)                   260,377 391,252 229,503 203,516 271,465 295,106 254,489 293,194 229,479 375,606 167,660 177,577                                 3,149,225




Report Number 8:                Page 5 of 5 pages      Date Printed:                29/01/2023 3:31:37 pm                                                          8- 5

Page 49 screenshot
Monthly Actual Shipped Volumes (m3) by Log Grade and
                     Destination

Log Grade: Saw/Veneer
                                                                            Month                                                          12-month        % of
Destination         12/22     11/22     10/22      9/22       8/22      7/22      6/22      5/22      4/22      3/22      2/22      1/22      total        total
China               255,810   128,225   148,967    175,571    114,159   176,205   105,785   155,848   194,623   143,814   160,204   187,148 1,946,358     79.6%
India                 6,000              15,059     14,193                         17,024              21,144                                  73,420      3.0%
Japan                           6,880                                     6,764                         4,832                                  18,476      0.8%
Malaysia                                   9,464    15,346     10,867              11,318               9,481                        20,036    76,513      3.1%
Philippines                                                                                   3,596                                             3,596      0.1%
South Korea           7,605     5,050      5,591     8,390      4,832     6,915     1,028     8,237     8,056    17,861                        73,566      3.0%
Taiwan                6,181                          2,803      9,567     4,717               1,402     1,505     6,157     2,695       635    35,661      1.5%
Vietnam              29,039    11,723    30,404      9,921     18,306    13,407    52,112    14,084    15,746     1,896    12,359     9,806   218,804      8.9%

Total (m3)         304,635 151,878 209,484 226,224 157,732 208,008 187,267 183,167 255,387 169,729 175,259 217,624                         2,446,394       100%



Log Grade: Plantation diam 60+ cm: regular
                                                                            Month                                                          12-month        % of
Destination         12/22     11/22     10/22      9/22       8/22      7/22      6/22      5/22      4/22      3/22      2/22      1/22      total        total
China                   34                             30         23      1,048               4,135                          619               5,890      88.4%
South Korea                                                                                              357                                     357       5.4%
Taiwan                                                                      34                 316                                               350       5.3%
Vietnam                                                                     45                   6                  15                            66       1.0%

Total (m3)              34                             30         23    1,127                4,458      357         15      619                6,663       100%



Log Grade: Plantation diam 50 - 59 cm: small
                                                                            Month                                                          12-month        % of
Destination         12/22     11/22     10/22      9/22       8/22      7/22      6/22      5/22      4/22      3/22      2/22      1/22      total        total
China                   21                            275        130      2,054               3,878                         1,933              8,291      83.8%
South Korea                                                                                              357                                     357       3.6%
Taiwan                                                                     157                 360                                               517       5.2%
Vietnam                                                                    310                 165                 252                           727       7.4%

Total (m3)              21                           275        130     2,522                4,403      357       252     1,933                9,893       100%



Log Grade: Plantation diam 40 - 49 cm: super small
                                                                            Month                                                          12-month        % of
Destination         12/22     11/22     10/22      9/22       8/22      7/22      6/22      5/22      4/22      3/22      2/22      1/22      total        total
China                   25                           1,927       801      6,157               5,114                         3,345             17,368      62.6%
Indonesia                3                                                                                                                         3       0.0%
South Korea                                                                                              953                                     953       3.4%
Taiwan                                                                      655               4,370                                            5,025      18.1%
Vietnam                                                                   1,579               1,401               1,428                        4,409      15.9%

Total (m3)              28                         1,927        801     8,391               10,885      953     1,428     3,345               27,759       100%



Report Number 9:       Page 1 of 4 pages      Date Printed:                29/01/2023 2:51:33 pm                                                        9- 1

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Report - Monthly Actual Shipped Volumes (m3) by Log Grades and Destination          continued


Log Grade: Plantation diam 30 - 39 cm: baby small
                                                                          Month                                                               12-month      % of
Destination        12/22     11/22     10/22      9/22       8/22      7/22      6/22      5/22      4/22      3/22      2/22       1/22         total      total
China                    4                          3,122      4,002     4,616               2,227                         1,590                15,562     55.3%
Indonesia                3                                                                                                                           3      0.0%
Taiwan                                                                   3,545                                                                   3,545     12.6%
Vietnam                                                                  2,615               3,681               2,712                           9,008     32.0%

Total (m3)              7                          3,122      4,002    10,777               5,908               2,712     1,590                 28,118      100%



Log Grade: Plantation diam 20 - 29 cm: tiny small
                                                                          Month                                                               12-month      % of
Destination        12/22     11/22     10/22      9/22       8/22      7/22      6/22      5/22      4/22      3/22      2/22       1/22         total      total
China                                               1,500      1,899                                                            1                3,401     40.7%
India                           208                              138                                                                               345      4.1%
Indonesia                3                                                                                                                           3      0.0%
Taiwan                                                                       9                                                                       9      0.1%
Vietnam                                                                  1,450               1,601               1,540                           4,591     55.0%

Total (m3)              3      208                 1,500      2,037     1,459               1,601               1,540           1                8,349      100%



Log Grade: Plantation diam 00 - 19 cm: little small
                                                                          Month                                                               12-month      % of
Destination        12/22     11/22     10/22      9/22       8/22      7/22      6/22      5/22      4/22      3/22      2/22       1/22         total      total
India                            89                              85                                                                               174     100.0%

Total (m3)                       89                              85                                                                               174       100%



Log Grade: Low Grade
                                                                          Month                                                               12-month      % of
Destination        12/22     11/22     10/22      9/22       8/22      7/22      6/22      5/22      4/22      3/22      2/22       1/22         total      total
China               69,673    41,195    54,083     27,626     26,328    28,351    32,095    25,645    50,625    25,826    16,735     36,326    434,507     82.9%
India                                               3,862                                                                                        3,862      0.7%
Malaysia                                                                                                                              5,478      5,478      1.0%
Philippines                                                                                  1,521                                               1,521      0.3%
South Korea          1,091                1,123     3,525                                                                                        5,738      1.1%
Taiwan                                              2,545                3,415                                             2,625       627       9,212      1.8%
Vietnam                        8,246    15,202      9,627      6,445     2,965     1,020    11,294     5,857     3,411                          64,067     12.2%

Total (m3)         70,764    49,440    70,408     47,184     32,773    34,731    33,115    38,461    56,481    29,237    19,360     42,431     524,385      100%



Log Grade: Diameter Class 60+ cm
                                                                          Month                                                               12-month      % of
Destination        12/22     11/22     10/22      9/22       8/22      7/22      6/22      5/22      4/22      3/22      2/22       1/22         total      total
China                                                                                                                                  795        795     100.0%

Total (m3)                                                                                                                            795         795       100%




Report Number 9:      Page 2 of 4 pages      Date Printed:                29/01/2023 2:54:31 pm                                                          9- 2

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Report - Monthly Actual Shipped Volumes (m3) by Log Grades and Destination     continued


Log Grade: Diameter Class 50 - 59 cm
                                                                       Month                                               12-month      % of
Destination        12/22    11/22     10/22     9/22       8/22     7/22     6/22    5/22     4/22   3/22   2/22   1/22       total      total
China                                                                                                                268       268     100.0%

Total (m3)                                                                                                          268        268       100%



Log Grade: Diameter Class 40 - 49 cm
                                                                       Month                                               12-month      % of
Destination        12/22    11/22     10/22     9/22       8/22     7/22     6/22    5/22     4/22   3/22   2/22   1/22       total      total
China                                                                                                                295       295     100.0%

Total (m3)                                                                                                          295        295       100%



Log Grade: Diameter Class 30 - 39 cm
                                                                       Month                                               12-month      % of
Destination        12/22    11/22     10/22     9/22       8/22     7/22     6/22    5/22     4/22   3/22   2/22   1/22       total      total
China                                                                                                                 14        14     100.0%

Total (m3)                                                                                                           14         14       100%




Report Number 9:      Page 3 of 4 pages    Date Printed:              29/01/2023 2:55:02 pm                                           9- 3

Page 52 screenshot
Report - Monthly Actual Shipped Volumes (m3) by Log Grade and Destination              continued


Log Grade: All Logs
                                                                             Month                                                           12-month % of
Destination        12/22     11/22     10/22       9/22     8/22         7/22      6/22      5/22      4/22      3/22      2/22      1/22       total total
China           325,567     169,419   203,049    210,051   147,343      218,431   137,880   196,848   245,247   169,641   184,427   224,845 2,432,748    79.7%
India               6,000      297     15,059     18,055         222               17,024              21,144                                  77,801     2.5%
Indonesia              9                                                                                                                             9    0.0%
Japan                         6,880                                       6,764                         4,832                                  18,476     0.6%
Malaysia                                9,464     15,346    10,867                 11,318               9,481                       25,514     81,991     2.7%
Philippines                                                                                   5,117                                              5,117    0.2%
South Korea         8,696     5,050     6,714     11,915        4,832     6,915     1,028     8,237     9,724    17,861                        80,971     2.7%
Taiwan              6,181                          5,348        9,567    12,531               6,448     1,505     6,157     5,319    1,262     54,320     1.8%
Vietnam            29,039    19,969    45,606     19,548    24,751       22,373    53,132    32,232    21,603    11,255    12,359    9,806    301,673     9.9%

Grand Total 375,492 201,616 279,892 280,263 197,583 267,015 220,382 248,882 313,535 204,914 202,106 261,427                                  3,053,106   100%




Report Number 9:        Page 4 of 4 pages       Date Printed:                 29/01/2023 2:57:03 pm                                                      9- 4

Page 53 screenshot
      Monthly Average Actual Export Prices (USD) by Log
                   Grade and Destination

Log Grade : Saw/Veneer
                                                                                   Month
Destination                   12/22       11/22    10/22      9/22     8/22     7/22     6/22      5/22     4/22     3/22     2/22     1/22     Average
China                          94.65      111.95   118.41      97.62   124.99    98.49   114.31     94.32    93.71   105.50   123.53    96.76       104.33
India                         260.00               260.00     260.00                     265.00             270.00                                  264.04
Japan                                      84.43                                 97.16                       98.73                                   92.83
Malaysia                                            83.12      85.08    88.47             82.14              77.81                     135.69        97.24
Philippines                                                                                         94.47                                            94.47
South Korea                    85.09       87.02    83.66      85.25    91.84    91.68    90.00     90.67    90.16    88.75                          88.33
Taiwan                         74.61                          100.00    84.17   110.23             142.40    89.87    94.27   108.59    86.39        93.36
Vietnam                        75.83       78.08    77.24      81.49    84.57    87.46    99.80     89.49    81.66    79.92    91.04    82.97        86.07

Ave. Price (USD)              95.47 107.26 120.09 105.82 114.29                 97.78 121.89       94.15 106.93 103.05 121.01          99.69       106.53


Log Grade : Plantation diam 60+ cm: regular
                                                                                   Month
Destination                   12/22       11/22    10/22      9/22     8/22     7/22     6/22      5/22     4/22     3/22     2/22     1/22     Average
China                         107.00                          117.20    92.00   107.00             107.00                     107.00                106.99
South Korea                                                                                                  95.00                                   95.00
Taiwan                                                                           70.00              80.00                                            79.03
Vietnam                                                                         151.00             136.00            146.50                         148.62

Ave. Price (USD)            107.00                           117.20    92.00 107.64               105.12    95.00 146.50 107.00                    105.30


Log Grade : Plantation diam 50 - 59 cm: small
                                                                                   Month
Destination                   12/22       11/22    10/22      9/22     8/22     7/22     6/22      5/22     4/22     3/22     2/22     1/22     Average
China                         102.00                          101.20    87.00   102.00             102.00                     102.00                101.74
South Korea                                                                                                  84.62                                   84.62
Taiwan                                                                           60.00              70.00                                            66.96
Vietnam                                                                         132.00             121.00            127.50                         127.95

Ave. Price (USD)            102.00                           101.20    87.00 103.08               100.10    84.62 127.50 102.00                    101.23




Notes: All prices are USD FOB per cubic metre; dates of prices from Bills of Lading
Report Number 10:     Page 1 of 4 pages      Date Printed:              29/01/2023 2:59:16 pm                                              10- 1

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Report - Monthly Average Actual Export Prices (USD) by Log Grade and Destination            continued




Log Grade : Plantation diam 40 - 49 cm: super small
                                                                                      Month
Destination                    12/22       11/22    10/22     9/22      8/22       7/22         6/22    5/22     4/22     3/22     2/22     1/22    Average
China                          100.00                          77.20     40.00     100.00               100.00                     100.00                 94.70
Indonesia                      106.00                                                                                                                    106.00
South Korea                                                                                                       75.00                                   75.00
Taiwan                                                                              50.00                60.00                                            58.70
Vietnam                                                                            119.00               106.00            114.50                         113.41

Ave. Price (USD)             100.68                           77.20     40.00      99.67                84.71    75.00 114.50 100.00                     90.48


Log Grade : Plantation diam 30 - 39 cm: baby small
                                                                                      Month
Destination                    2/23        1/23     12/22     11/22     10/22      9/22         8/22    7/22     6/22     5/22     4/22     3/22    Average
China                           92.00                          27.20     25.00      92.00                92.00                      92.00                 61.77
Indonesia                       86.00                                                                                                                     86.00
Taiwan                                                                              50.00                                                                 50.00
Vietnam                                                                             98.50                86.00             94.00                          92.04

Ave. Price (USD)               89.36                          27.20     25.00      79.76                88.26             94.00    92.00                 69.98


Log Grade : Plantation diam 20 - 29 cm: tiny small
                                                                                      Month
Destination                    2/23        1/23     12/22     11/22     10/22      9/22         8/22    7/22     6/22     5/22     4/22     3/22    Average
China                                                          17.20     22.00                                                      82.00                 19.90
India                                      250.00                       250.00                                                                           250.00
Indonesia                       46.50                                                                                                                     46.50
Taiwan                                                                              50.00                                                                 50.00
Vietnam                                                                             61.00                46.50             56.50                          54.44

Ave. Price (USD)               46.50 250.00                   17.20     37.41      60.93                46.50             56.50    82.00                 48.46


Log Grade : Plantation diam 00 - 19 cm: little small
                                                                                      Month
Destination                    12/22       11/22    10/22     9/22      8/22       7/22         6/22    5/22     4/22     3/22     2/22     1/22    Average
India                                      250.00                       250.00                                                                           250.00

Ave. Price (USD)                        250.00                         250.00                                                                           250.00


Log Grade : Low Grade
                                                                                      Month
Destination                    12/22       11/22    10/22     9/22      8/22       7/22         6/22    5/22     4/22     3/22     2/22     1/22    Average
China                           57.36       61.09   57.56      56.21     68.37      58.25       86.78    81.20    59.15    61.61    60.00   63.64         63.06
India                                                         187.24                                                                                     187.24
Malaysia                                                                                                                                    60.00         60.00
Philippines                                                                                              59.00                                            59.00
South Korea                     55.00               50.00      55.00                                                                                      54.02
Taiwan                                                         55.00                55.00                                           60.00   60.00         56.77
Vietnam                                     60.00   55.29      52.81     60.00      59.00       50.00   149.26   137.74    95.44                          82.32

Ave. Price (USD)               57.32       60.91    56.95     66.08     66.72      57.99       85.65 100.30      67.30    65.56    60.00    63.12        66.07



Notes: All prices are USD FOB per cubic metre; dates of prices from Bills of Lading
Report Number 10:      Page 2 of 4 pages      Date Printed:              29/01/2023 2:59:47 pm                                                  10- 2

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Report - Monthly Average Actual Export Prices (USD) by Log Grade and Destination          continued




Log Grade : Diameter Class 60+ cm
                                                                                     Month
Destination                    12/22       11/22   10/22     9/22      8/22        7/22       6/22    5/22   4/22   3/22   2/22    1/22     Average
China                                                                                                                              320.00       320.00

Ave. Price (USD)                                                                                                                  320.00       320.00


Log Grade : Diameter Class 50 - 59 cm
                                                                                     Month
Destination                    12/22       11/22   10/22     9/22      8/22        7/22       6/22    5/22   4/22   3/22   2/22    1/22     Average
China                                                                                                                              300.00       300.00

Ave. Price (USD)                                                                                                                  300.00       300.00


Log Grade : Diameter Class 40 - 49 cm
                                                                                     Month
Destination                    12/22       11/22   10/22     9/22      8/22        7/22       6/22    5/22   4/22   3/22   2/22    1/22     Average
China                                                                                                                              280.00       280.00

Ave. Price (USD)                                                                                                                  280.00       280.00


Log Grade : Diameter Class 30 - 39 cm
                                                                                     Month
Destination                    12/22       11/22   10/22     9/22      8/22        7/22       6/22    5/22   4/22   3/22   2/22    1/22     Average
China                                                                                                                              260.00       260.00

Ave. Price (USD)                                                                                                                  260.00       260.00




Notes: All prices are USD FOB per cubic metre; dates of prices from Bills of Lading
Report Number 10:      Page 3 of 4 pages     Date Printed:              29/01/2023 2:59:56 pm                                          10- 3

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Report - Monthly Average Actual Export Prices (USD) by Log Grade and Destination           continued

Log Grade : All Logs
                                                                                     Month
Destination                    12/22       11/22    10/22     9/22     8/22        7/22        6/22    5/22     4/22     3/22    2/22     1/22     Average

China                          86.67        99.58   102.21     90.37   110.33      93.25      107.90    93.15    86.57   98.82   116.78    92.69        96.61

India                         260.00       250.00   260.00    244.44   250.00                 265.00            270.00                                 260.13

Indonesia                      80.01                                                                                                                    80.01

Japan                                       84.43                                  97.16                         98.73                                  92.83

Malaysia                                             83.12     85.08    88.47                  82.14             77.81                    119.44        94.75

Philippines                                                                                             83.92                                           83.92

South Korea                    81.31        87.02    78.03     76.30    91.84      91.68       90.00    90.67    88.65   88.75                          85.76

Taiwan                         74.61                           78.58    84.17      74.21                79.45    89.87   94.27    84.61    73.27        80.77

Vietnam                        75.83        70.61    69.92     67.36    78.17      86.24       98.85   108.79    96.87   90.36    91.04    82.97        85.49


Ave. Price (USD)               88.28       96.10 104.21       97.58 103.54         91.83 116.45        94.55    99.66    97.34 114.36     94.84        99.02




Notes: All prices are USD FOB per cubic metre; dates of prices from Bills of Lading

Report Number 10:      Page 4 of 4 pages      Date Printed:             29/01/2023 3:00:41 pm                                                  10- 4

Page 57 screenshot
    Monthly Actual Shipped Volumes (m3) by Export Company and Project
Report printed 29/01/2023 3:00:57 pm



                                                                                                                                       Month
Co. Grouping Exporter                              Site Code                                                                                                                                         12-month
                                                                                       12/22    11/22    10/22      9/22     8/22    7/22  6/22        5/22     4/22     3/22     2/22       1/22        total

Active Forest Limited
                  Active Forest Limited           Cloudy Bay (FMA 60301)                2,100             3,614   15,957                             12,002   10,000                         9,983        53,657
                  Total for Exporter: Active Forest Limited                             2,100            3,614    15,957                             12,002   10,000                        9,983        53,657
                  Per Cent of Grand Total                                                0.5%             1.3%      5.7%                               4.8%     3.2%                          3.8%         1.8%
Total for Active Forest Limited                                                         2,100            3,614    15,957                             12,002   10,000                        9,983        53,657
Per Cent of Grand Total                                                                  0.5%             1.3%      5.7%                               4.8%     3.2%                          3.8%         1.8%
Amanab 56 Timber Investments Ltd
                  Amanab 56 Timber Investments Amanab Blocks 5 & 6 FMA (61002)         20,655             9,998            14,740   6,097   11,234                              10,026                    72,749
                  Total for Exporter: Amanab 56 Timber Investments Ltd                 20,655            9,998             14,740   6,097   11,234                              10,026                   72,749
                  Per Cent of Grand Total                                                5.4%             3.6%               7.5%    2.3%     5.1%                                5.0%                     2.4%
Total for Amanab 56 Timber Investments Ltd                                             20,655            9,998             14,740   6,097   11,234                              10,026                   72,749
Per Cent of Grand Total                                                                  5.4%             3.6%               7.5%    2.3%     5.1%                                5.0%                     2.4%
Amanab Forest Products Ltd
                  Amanab Forest Products Ltd    Amanab Blocks 1-4 FMA (61001)                    9,249   29,086   23,997                    17,024    3,903   21,144            10,065       3,299      117,767
                  Total for Exporter: Amanab Forest Products Ltd                                 9,249 29,086     23,997                    17,024    3,903   21,144            10,065      3,299       117,767
                  Per Cent of Grand Total                                                         4.6%   10.4%      8.6%                      7.7%     1.6%     6.7%              5.0%        1.3%         3.8%
Total for Amanab Forest Products Ltd                                                             9,249 29,086     23,997                    17,024    3,903   21,144            10,065      3,299      117,767
Per Cent of Grand Total                                                                           4.6%   10.4%      8.6%                      7.7%     1.6%     6.7%              5.0%        1.3%        3.8%
Aset Meriah (PNG) Ltd
                  Aset Meriah (PNG) Ltd           Alimbit Andru (TP 11408)                                                                     597                     10,676                             11,272
                  Total for Exporter: Aset Meriah (PNG) Ltd                                                                                   597                      10,676                            11,272
                  Per Cent of Grand Total                                                                                                     0.3%                       5.2%                              0.4%
                  Kulawood Limited              Woodlark Intergrated Project (FCA 70            10,465   21,746                                                                              9,845        42,056
                  Total for Exporter: Kulawood Limited                                          10,465 21,746                                                                               9,845        42,056
                  Per Cent of Grand Total                                                         5.2%    7.8%                                                                                3.8%         1.4%




         11- 1                                                                                                                                                    Report Number 11:      Page 1 of 11 pages

Page 58 screenshot
Report - Monthly Actual Shipped Volumes (m3) by Export Company and Project    continued




                                                                                                                                          Month                                                        12-month
Co. Grouping Exporter                            SiteCode
                                                                                          12/22    11/22    10/22    9/22     8/22     7/22  6/22      5/22     4/22     3/22     2/22       1/22          total

              Milton Ltd                     Mosa - Leim TP (11457)                                                   3,145            3,917   6,342             4,417                                      17,821
              Total for Exporter: Milton Ltd                                                                          3,145            3,917   6,342             4,417                                     17,821
              Per Cent of Grand Total                                                                                  1.1%             1.5%    2.9%              1.4%                                       0.6%
Total for Aset Meriah (PNG) Ltd                                                                    10,465 21,746      3,145            3,917   6,939             4,417 10,676                 9,845        71,149
Per Cent of Grand Total                                                                              5.2%     7.8%     1.1%             1.5%    3.1%              1.4%     5.2%                 3.8%         2.3%
BDSL Shipping Ltd
              BDSL Shipping Ltd                  Sapo Agroforest Dev Block 8A (TA 10                                                                                                           1,534            1,534
                                                 Wari Intergrated Agri. (TA 10-130)                                                                                                            2,983            2,983
              Total for Exporter: BDSL Shipping Ltd                                                                                                                                           4,517         4,517
              Per Cent of Grand Total                                                                                                                                                           1.7%         0.1%
Total for BDSL Shipping Ltd                                                                                                                                                                   4,517         4,517
Per Cent of Grand Total                                                                                                                                                                         1.7%         0.1%
Bismarck Industries Ltd
              Bismarck Industries Ltd        Kapuluk Timber Project (TP 11450)                                                                         20,886                                 11,605        32,491
              Total for Exporter: Bismarck Industries Ltd                                                                                              20,886                                11,605        32,491
              Per Cent of Grand Total                                                                                                                    8.4%                                   4.4%         1.1%
Total for Bismarck Industries Ltd                                                                                                                      20,886                                11,605        32,491
Per Cent of Grand Total                                                                                                                                  8.4%                                   4.4%         1.1%
Cakara Alam (PNG) Ltd
              Cakara Alam (PNG) Ltd              East Arowe TP (11455)                                                                                           8,634    3,964                3,166       15,764
                                                 Rottock Bay Consolidated (FMA 6140       27,220   21,757   34,891    2,369   19,772   8,795   5,244   16,238            13,268    3,705       4,328      157,587
              Total for Exporter: Cakara Alam (PNG) Ltd                                   27,220   21,757 34,891      2,369 19,772     8,795   5,244   16,238    8,634 17,233     3,705       7,495       173,351
              Per Cent of Grand Total                                                       7.1%    10.8%    12.5%     0.8%    10.0%    3.3%    2.4%     6.5%     2.8%     8.4%     1.8%        2.9%         5.7%
              Tzen Niugini Ltd                   Cape Offord (TP 11548)                             2,601                      5,339                             6,515                                      14,455
                                                 Illi Wawas/Masarau (FCA 71502)                     8,036                     10,994                             5,843                                      24,873
              Total for Exporter: Tzen Niugini Ltd                                                 10,637                     16,333                            12,358                                     39,328
              Per Cent of Grand Total                                                                5.3%                       8.3%                              3.9%                                       1.3%
Total for Cakara Alam (PNG) Ltd                                                           27,220   32,394 34,891      2,369 36,105     8,795   5,244   16,238   20,991 17,233     3,705       7,495      212,679
Per Cent of Grand Total                                                                     7.1%    16.1%    12.5%     0.8%    18.3%    3.3%    2.4%     6.5%     6.7%     8.4%     1.8%        2.9%        6.9%
Canopus No. 16 Ltd
              Canopus No. 16 Ltd             Wipim Tapila FMA (60110)                      4,335    4,201            13,267                                      7,841             9,266                    38,911
              Total for Exporter: Canopus No. 16 Ltd                                       4,335    4,201            13,267                                      7,841            9,266                    38,911
              Per Cent of Grand Total                                                       1.1%     2.1%              4.7%                                       2.5%              4.6%                     1.3%
Total for Canopus No. 16 Ltd                                                               4,335    4,201            13,267                                      7,841            9,266                    38,911
Per Cent of Grand Total                                                                     1.1%     2.1%              4.7%                                       2.5%              4.6%                     1.3%


      11- 2                                                                                                                                                         Report Number 11:      Page 2 of 11 pages

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Report - Monthly Actual Shipped Volumes (m3) by Export Company and Project     continued




                                                                                                                                           Month                                                          12-month
Co. Grouping Exporter                            SiteCode
                                                                                           12/22    11/22    10/22    9/22     8/22     7/22  6/22        5/22     4/22     3/22     2/22       1/22          total

Continental Alliance Ltd
              Continental Alliance Ltd           Meander May Valley int.Agri. (FCA 7                                                              1,386             2,284    1,237    2,469       1,262         8,638
                                                 Wagana Wagasu Agro Forestry (FCA 7         3,211    2,216    2,662              967              2,690             2,835    2,680    5,022                    22,282
              Total for Exporter: Continental Alliance Ltd                                  3,211    2,216    2,662              967              4,075            5,119    3,917    7,491       1,262        30,921
              Per Cent of Grand Total                                                        0.8%     1.1%     1.0%             0.5%               1.8%             1.6%     1.9%     3.7%         0.5%         1.0%
Total for Continental Alliance Ltd                                                          3,211    2,216    2,662              967              4,075            5,119    3,917    7,491       1,262        30,921
Per Cent of Grand Total                                                                      0.8%     1.1%     1.0%             0.5%               1.8%             1.6%     1.9%     3.7%         0.5%         1.0%
CS Boss International Ltd
              Stettin Bay Lumber Co. Ltd         Ania Kapiura Consolidated (11452)         13,559    9,079    3,519   15,136    6,288   11,639             7,723    4,548    9,729                7,040        88,259
                                                 Ania Kapuira Forest Pltn (TP 11403)           84                                                                                                                  84
              Total for Exporter: Stettin Bay Lumber Co. Ltd                               13,643    9,079    3,519   15,136   6,288 11,639               7,723    4,548    9,729                7,040        88,343
              Per Cent of Grand Total                                                        3.5%     4.5%     1.3%     5.4%    3.2%      4.4%             3.1%     1.5%     4.7%                  2.7%         2.9%
Total for CS Boss International Ltd                                                        13,643    9,079    3,519   15,136   6,288 11,639               7,723    4,548    9,729                7,040        88,343
Per Cent of Grand Total                                                                      3.5%     4.5%     1.3%     5.4%    3.2%      4.4%             3.1%     1.5%     4.7%                  2.7%         2.9%
East Papua Timber Resources Ltd
              East Papua Timber Resources Lt Brown River/Kuriva (10337)                                297                       222                                                                                519
              Total for Exporter: East Papua Timber Resources Ltd                                     297                        222                                                                                519
              Per Cent of Grand Total                                                                 0.1%                      0.1%                                                                               0.0%
Total for East Papua Timber Resources Ltd                                                             297                        222                                                                                519
Per Cent of Grand Total                                                                               0.1%                      0.1%                                                                               0.0%
Everwin Enterprises Ltd
              Everwin Enterprises Ltd        Morobe Coast TRP (TP 11335) Mopi                                         10,707             5,340                               4,800    5,319                    26,167
              Total for Exporter: Everwin Enterprises Ltd                                                             10,707             5,340                              4,800    5,319                    26,167
              Per Cent of Grand Total                                                                                   3.8%              2.0%                               2.3%     2.6%                      0.9%
Total for Everwin Enterprises Ltd                                                                                     10,707             5,340                              4,800    5,319                    26,167
Per Cent of Grand Total                                                                                                 3.8%              2.0%                               2.3%     2.6%                      0.9%
Firstmark Limited
              Firstmark Limited               Kupiano - Marshall Lagoon (TP 3-36)                             6,452                     13,167   10,950                                                        30,569
              Total for Exporter: Firstmark Limited                                                           6,452                     13,167   10,950                                                       30,569
              Per Cent of Grand Total                                                                          2.3%                       4.9%     5.0%                                                         1.0%
Total for Firstmark Limited                                                                                   6,452                     13,167   10,950                                                       30,569
Per Cent of Grand Total                                                                                        2.3%                       4.9%     5.0%                                                         1.0%




      11- 3                                                                                                                                                           Report Number 11:       Page 3 of 11 pages

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Report - Monthly Actual Shipped Volumes (m3) by Export Company and Project   continued




                                                                                                                                         Month                                                       12-month
Co. Grouping Exporter                            SiteCode
                                                                                         12/22    11/22    10/22    9/22     8/22     7/22  6/22     5/22     4/22     3/22     2/22       1/22          total

GL Niugini Pty Ltd
              GL Niugini Pty Ltd              East Awin (FMA 60101)                                         7,032             2,093          6,518            11,355    1,968   10,089                    39,056
              Total for Exporter: GL Niugini Pty Ltd                                                        7,032            2,093           6,518            11,355   1,968 10,089                      39,056
              Per Cent of Grand Total                                                                        2.5%             1.1%            3.0%              3.6%     1.0%     5.0%                     1.3%
Total for GL Niugini Pty Ltd                                                                                7,032            2,093           6,518            11,355   1,968 10,089                      39,056
Per Cent of Grand Total                                                                                      2.5%             1.1%            3.0%              3.6%     1.0%     5.0%                     1.3%
Global Elite Ltd
              Global Elite Ltd                 Wammy Inter. Agro Forestry (FCA710         1,429    1,913    1,935                            3,273               990    2,267    2,920                    14,727
              Total for Exporter: Global Elite Ltd                                        1,429    1,913    1,935                            3,273              990    2,267     2,920                   14,727
              Per Cent of Grand Total                                                      0.4%     0.9%     0.7%                             1.5%              0.3%     1.1%     1.4%                     0.5%
Total for Global Elite Ltd                                                                1,429    1,913    1,935                            3,273              990    2,267     2,920                   14,727
Per Cent of Grand Total                                                                    0.4%     0.9%     0.7%                             1.5%              0.3%     1.1%     1.4%                     0.5%
Golden Rise Investment Ltd
              Golden Rise Investment Ltd      Raicoast TP (11218)                        10,970                      5,808                                                                                16,778
              Total for Exporter: Golden Rise Investment Ltd                             10,970                      5,808                                                                               16,778
              Per Cent of Grand Total                                                      2.8%                       2.1%                                                                                 0.5%
Total for Golden Rise Investment Ltd                                                     10,970                      5,808                                                                               16,778
Per Cent of Grand Total                                                                    2.8%                       2.1%                                                                                 0.5%
Green Point Limited
              Green Point Limited             Ania Integrated Agri (FCA 71517)           26,448            16,365   22,029                            5,498   10,993   10,754                6,482        98,570
              Total for Exporter: Green Point Limited                                    26,448            16,365   22,029                           5,498    10,993 10,754                 6,482        98,570
              Per Cent of Grand Total                                                      6.9%              5.8%     7.9%                            2.2%      3.5%     5.2%                 2.5%         3.2%
Total for Green Point Limited                                                            26,448            16,365   22,029                           5,498    10,993 10,754                 6,482        98,570
Per Cent of Grand Total                                                                    6.9%              5.8%     7.9%                            2.2%      3.5%     5.2%                 2.5%         3.2%
IFL Investment Ltd
              AJ Glory Limited               Umbukul NIP (TP 11648)                                                                                            9,097                                          9,097
              Total for Exporter: AJ Glory Limited                                                                                                             9,097                                      9,097
              Per Cent of Grand Total                                                                                                                           2.9%                                       0.3%
              IFL Investment Ltd             Bonua Magarida TRP (10328)                            6,539             7,045                   9,405    5,117   12,000            11,570                    51,677
              Total for Exporter: IFL Investment Ltd                                               6,539             7,045                   9,405   5,117    12,000            11,570                   51,677
              Per Cent of Grand Total                                                               3.2%              2.5%                    4.3%    2.1%      3.8%              5.7%                     1.7%
Total for IFL Investment Ltd                                                                       6,539             7,045                   9,405   5,117    21,097            11,570                   60,774
Per Cent of Grand Total                                                                             3.2%              2.5%                    4.3%    2.1%      6.7%              5.7%                     2.0%




      11- 4                                                                                                                                                       Report Number 11:      Page 4 of 11 pages

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Report - Monthly Actual Shipped Volumes (m3) by Export Company and Project    continued




                                                                                                                                          Month                                                          12-month
Co. Grouping Exporter                            SiteCode
                                                                                          12/22    11/22    10/22    9/22     8/22     7/22  6/22        5/22     4/22     3/22     2/22       1/22          total

Innovest Ltd
              Innovest Ltd                     Kumil TP (11222)                                                                                           4,041                                                   4,041
              Total for Exporter: Innovest Ltd                                                                                                            4,041                                               4,041
              Per Cent of Grand Total                                                                                                                      1.6%                                                0.1%
Total for Innovest Ltd                                                                                                                                    4,041                                               4,041
Per Cent of Grand Total                                                                                                                                    1.6%                                                0.1%
Joinland Management (PNG) Ltd
              Joinland Management (PNG) Lt Kamdaru-Siaman-Lamasa (TP 11635)                  419      911      989    4,408    1,258    6,163             6,642    1,065             4,950                   26,806
                                                 Lak TRP Project (TP 11643)               22,316   14,025    4,518   31,345    5,941   26,769    1,028   19,281   14,801   19,636    4,682      12,240      176,583
              Total for Exporter: Joinland Management (PNG) Ltd                           22,736   14,936    5,507   35,753   7,199 32,932       1,028   25,923   15,866 19,636      9,633 12,240           203,389
              Per Cent of Grand Total                                                       5.9%     7.4%     2.0%    12.8%     3.6%   12.3%      0.5%    10.4%     5.1%     9.6%     4.8%        4.7%         6.6%
Total for Joinland Management (PNG) Ltd                                                   22,736   14,936    5,507   35,753   7,199 32,932       1,028   25,923   15,866 19,636      9,633     12,240      203,389
Per Cent of Grand Total                                                                     5.9%     7.4%     2.0%    12.8%     3.6%   12.3%      0.5%    10.4%     5.1%     9.6%     4.8%        4.7%        6.6%
KK Connections Ltd
              KK Connections Ltd                 Mengen Integrated (FCA 71522)             8,136      660    4,402             4,715    7,982               477    3,574                                      29,946
                                                 Seraji EXN TRP PROJ. (TP 11558)                                                        5,466    4,451    1,138   10,484               893       6,319        28,750
                                                 Taraiwara(Ext) Agro Reforest.(FCA 71     21,049    1,458    8,118             4,473    5,803   11,801    1,064    7,455                         4,413        65,634
                                                 Utnari Land Agro-Forestry (FCA 7152      12,083   13,454    1,869    6,842   18,243    2,024   15,627      931    6,179                        10,704        87,957
              Total for Exporter: KK Connections Ltd                                      41,268   15,572 14,389      6,842 27,431 21,275       31,879    3,610   27,692              893 21,436            212,287
              Per Cent of Grand Total                                                      10.7%     7.7%     5.1%     2.4%   13.9%      8.0%    14.5%     1.5%     8.8%              0.4%        8.2%         6.9%
              KL Connections Ltd             Dengnenge 'B' Agro Forestry (FCA 715                   1,215    7,437             4,278    4,339    3,316    2,101    5,506    4,811    1,563       2,889        37,453
              Total for Exporter: KL Connections Ltd                                                1,215    7,437            4,278    4,339     3,316    2,101    5,506   4,811     1,563      2,889        37,453
              Per Cent of Grand Total                                                                0.6%     2.7%              2.2%     1.6%     1.5%     0.8%     1.8%     2.3%     0.8%        1.1%         1.2%
              Laloani No.8 Ltd                   Dengnenge "A"Intergrated Agri (FCA7                                                                        206      633    3,255                4,374            8,467
              Total for Exporter: Laloani No.8 Ltd                                                                                                         206      633    3,255                4,374         8,467
              Per Cent of Grand Total                                                                                                                      0.1%     0.2%     1.6%                 1.7%         0.3%
              Super Green Ltd                Ormand Lako TRP Project (TP 10330)                                                                  8,018                               6,900                    14,918
              Total for Exporter: Super Green Ltd                                                                                                8,018                               6,900                   14,918
              Per Cent of Grand Total                                                                                                             3.6%                                3.4%                     0.5%
Total for KK Connections Ltd                                                              41,268   16,786 21,826      6,842 31,709 25,614       43,213    5,917   33,830   8,066     9,356     28,699      273,126
Per Cent of Grand Total                                                                    10.7%     8.3%     7.8%     2.4%   16.0%      9.6%    19.6%     2.4%    10.8%     3.9%     4.6%       11.0%        8.9%
Logohu Limited
              Logohu Limited                 Mussau TRP Project (TP 11641)                                                                                         7,000            10,254      10,273        27,528
              Total for Exporter: Logohu Limited                                                                                                                   7,000            10,254 10,273            27,528
              Per Cent of Grand Total                                                                                                                               2.2%              5.1%        3.9%         0.9%


      11- 5                                                                                                                                                           Report Number 11:      Page 5 of 11 pages

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Report - Monthly Actual Shipped Volumes (m3) by Export Company and Project   continued




                                                                                                                                        Month                                                        12-month
Co. Grouping Exporter                            SiteCode
                                                                                         12/22    11/22   10/22    9/22     8/22     7/22  6/22      5/22     4/22     3/22     2/22       1/22          total

Total for Logohu Limited                                                                                                                                       7,000            10,254     10,273        27,528
Per Cent of Grand Total                                                                                                                                         2.2%              5.1%        3.9%         0.9%
Low Impact Logging Ltd
              Low Impact Logging Ltd         Buhem Mongi Busiga (11338)                                                              2,990                              7,367                             10,357
              Total for Exporter: Low Impact Logging Ltd                                                                             2,990                             7,367                             10,357
              Per Cent of Grand Total                                                                                                 1.1%                               3.6%                              0.3%
Total for Low Impact Logging Ltd                                                                                                     2,990                             7,367                             10,357
Per Cent of Grand Total                                                                                                               1.1%                               3.6%                              0.3%
Lucky 99 (PNG) Ltd
              Lucky 99 (PNG) Ltd             Rakona/Aimorao Road No.1 (TA 13-2            4,359                                                                                                               4,359
              Total for Exporter: Lucky 99 (PNG) Ltd                                      4,359                                                                                                           4,359
              Per Cent of Grand Total                                                      1.1%                                                                                                            0.1%
              Lucky Logging Limited          Semon (FCA 71302)                            4,061                                              7,108    2,146                                               13,315
              Total for Exporter: Lucky Logging Limited                                   4,061                                              7,108   2,146                                               13,315
              Per Cent of Grand Total                                                      1.1%                                               3.2%    0.9%                                                 0.4%
Total for Lucky 99 (PNG) Ltd                                                              8,421                                              7,108   2,146                                               17,674
Per Cent of Grand Total                                                                    2.2%                                               3.2%    0.9%                                                 0.6%
Lucky Logging Limited
              Wasu Resource Ltd             Wasu Cattle farm (FCA 13-03)                  5,406           10,969                             1,951             8,420                                      26,746
              Total for Exporter: Wasu Resource Ltd                                       5,406           10,969                             1,951             8,420                                     26,746
              Per Cent of Grand Total                                                      1.4%             3.9%                              0.9%              2.7%                                       0.9%
Total for Lucky Logging Limited                                                           5,406           10,969                             1,951             8,420                                     26,746
Per Cent of Grand Total                                                                    1.4%             3.9%                              0.9%              2.7%                                       0.9%
Mekar (PNG) Limited
              Mekar (PNG) Limited           Aliai-Sisimi-Hargy Consolidated TP 11                                   5,056    9,903   1,830   5,511            10,889                         6,042        39,231
              Total for Exporter: Mekar (PNG) Limited                                                              5,056    9,903    1,830   5,511            10,889                        6,042        39,231
              Per Cent of Grand Total                                                                               1.8%     5.0%     0.7%    2.5%              3.5%                          2.3%         1.3%
Total for Mekar (PNG) Limited                                                                                      5,056    9,903    1,830   5,511            10,889                        6,042        39,231
Per Cent of Grand Total                                                                                             1.8%     5.0%     0.7%    2.5%              3.5%                          2.3%         1.3%
Millennium Corporation Ltd
              Millennium Corporation Ltd     Nakmai (TP 11601)                                                                                                                               4,037            4,037
              Total for Exporter: Millennium Corporation Ltd                                                                                                                                4,037         4,037
              Per Cent of Grand Total                                                                                                                                                         1.5%         0.1%
Total for Millennium Corporation Ltd                                                                                                                                                        4,037         4,037
Per Cent of Grand Total                                                                                                                                                                       1.5%         0.1%

      11- 6                                                                                                                                                       Report Number 11:      Page 6 of 11 pages

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Report - Monthly Actual Shipped Volumes (m3) by Export Company and Project     continued




                                                                                                                                           Month                                                         12-month
Co. Grouping Exporter                            SiteCode
                                                                                           12/22    11/22    10/22    9/22     8/22     7/22  6/22       5/22     4/22     3/22     2/22       1/22          total

Milton Limited
              Milton Ltd                     Morevona -Agro Forestry (FCA 71403)                    19,593    7,116    2,988             6,085           10,158    4,235                                      50,175
              Total for Exporter: Milton Ltd                                                        19,593    7,116    2,988             6,085           10,158   4,235                                      50,175
              Per Cent of Grand Total                                                                 9.7%     2.5%     1.1%              2.3%             4.1%    1.4%                                        1.6%
Total for Milton Limited                                                                            19,593    7,116    2,988             6,085           10,158   4,235                                      50,175
Per Cent of Grand Total                                                                               9.7%     2.5%     1.1%              2.3%             4.1%    1.4%                                        1.6%
Musa Century Limited
              Musa Century Limited          Lower Musa Agro, (FCA 70505)                   18,334                     10,435            13,385                     6,336             6,416                    54,906
              Total for Exporter: Musa Century Limited                                     18,334                     10,435            13,385                    6,336             6,416                    54,906
              Per Cent of Grand Total                                                        4.8%                       3.7%              5.0%                     2.0%              3.2%                      1.8%
Total for Musa Century Limited                                                             18,334                     10,435            13,385                    6,336             6,416                    54,906
Per Cent of Grand Total                                                                      4.8%                       3.7%              5.0%                     2.0%              3.2%                      1.8%
Northern Forest Products Ltd
              Northern Forest Products Ltd Wanigela Tree Plantation (FCA 70506)                                       20,154                     5,446                               3,004      10,937        39,541
              Total for Exporter: Northern Forest Products Ltd                                                        20,154                     5,446                              3,004 10,937             39,541
              Per Cent of Grand Total                                                                                   7.2%                      2.5%                               1.5%         4.2%         1.3%
Total for Northern Forest Products Ltd                                                                                20,154                     5,446                              3,004      10,937        39,541
Per Cent of Grand Total                                                                                                 7.2%                      2.5%                               1.5%         4.2%         1.3%
Open Bay Timber Ltd
              Open Bay Timber Ltd                Open Bay Consolidated (TP 11553)                                      6,855                                                                                   6,855
                                                 Open Bay Consolidated [Pltn] (TP 115           9                               6,855    6,001            6,854             5,947                             25,667
              Total for Exporter: Open Bay Timber Ltd                                          9                       6,855   6,855     6,001            6,854            5,947                             32,521
              Per Cent of Grand Total                                                        0.0%                       2.4%     3.5%     2.2%             2.8%             2.9%                               1.1%
Total for Open Bay Timber Ltd                                                                  9                       6,855   6,855     6,001            6,854            5,947                             32,521
Per Cent of Grand Total                                                                      0.0%                       2.4%     3.5%     2.2%             2.8%             2.9%                               1.1%
Oro Wood Industry Ltd
              Oro Wood Industry Ltd          Ifane Agro-Forest Project - (FCA 7050          8,815             6,811    2,010   12,599            4,358                      5,073                             39,666
              Total for Exporter: Oro Wood Industry Ltd                                     8,815             6,811    2,010 12,599              4,358                     5,073                             39,666
              Per Cent of Grand Total                                                        2.3%              2.4%     0.7%     6.4%             2.0%                      2.5%                               1.3%
Total for Oro Wood Industry Ltd                                                             8,815             6,811    2,010 12,599              4,358                     5,073                             39,666
Per Cent of Grand Total                                                                      2.3%              2.4%     0.7%     6.4%             2.0%                      2.5%                               1.3%




      11- 7                                                                                                                                                          Report Number 11:       Page 7 of 11 pages

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Report - Monthly Actual Shipped Volumes (m3) by Export Company and Project     continued




                                                                                                                                           Month                                                          12-month
Co. Grouping Exporter                            SiteCode
                                                                                           12/22    11/22    10/22    9/22     8/22     7/22  6/22        5/22     4/22     3/22     2/22       1/22          total

Pacific Region Development Ltd
              Pacific Region Development Ltd Far North Coast TRP (TP 11212)                                                                                         1,401                                       1,401
                                                 Gar Consolidated TRP (TP 11544)            4,353             5,716                      4,835             3,672             4,946                1,813        25,336
                                                 Senbam Cons. (TP 11552)                   18,268             9,444                      9,117            14,994            23,490   22,544                    97,857
                                                 Tokai Matong TRP (TP 11545)               10,348                      5,346             6,915                                                                 22,610
                                                 Waterfall bay Extn CONS.TRP(TP 11         13,783             1,016    4,011             5,437            15,599    1,087                                      40,933
              Total for Exporter: Pacific Region Development Ltd                           46,752            16,176   9,357             26,304            34,265   2,488 28,437 22,544           1,813       188,136
              Per Cent of Grand Total                                                       12.1%              5.8%    3.3%               9.9%             13.8%    0.8%    13.9%    11.2%         0.7%         6.1%
Total for Pacific Region Development Ltd                                                   46,752            16,176   9,357             26,304            34,265   2,488 28,437 22,544           1,813      188,136
Per Cent of Grand Total                                                                     12.1%              5.8%    3.3%               9.9%             13.8%    0.8%    13.9%    11.2%         0.7%        6.1%
PJ Plantation Limited
              PJ Plantation Limited           Idam-Saiwi Inter Agri Proj (FCA 7100                   5,997                      3,919                      6,164             2,040                9,209        27,329
              Total for Exporter: PJ Plantation Limited                                              5,997                      3,919                      6,164            2,040                9,209        27,329
              Per Cent of Grand Total                                                                 3.0%                       2.0%                       2.5%             1.0%                  3.5%         0.9%
Total for PJ Plantation Limited                                                                      5,997                      3,919                      6,164            2,040                9,209        27,329
Per Cent of Grand Total                                                                               3.0%                       2.0%                       2.5%             1.0%                  3.5%         0.9%
PL Connection Ltd
              PL Connection Ltd                  Nutuve TP (11559)                                     731                                                                                                        731
                                                 Suikol Intergrated Agro (FCA 71513)                 5,819    1,913            10,867            11,443                                           2,892        32,934
              Total for Exporter: PL Connection Ltd                                                  6,551    1,913            10,867            11,443                                          2,892        33,665
              Per Cent of Grand Total                                                                 3.2%     0.7%              5.5%              5.2%                                            1.1%         1.1%
Total for PL Connection Ltd                                                                          6,551    1,913            10,867            11,443                                          2,892        33,665
Per Cent of Grand Total                                                                               3.2%     0.7%              5.5%              5.2%                                            1.1%         1.1%
Reach Niugini Construction
              Reach Niugini Construction     Gara Modewa TRP (TP 10406)                                      17,920                               5,002    4,587    2,606    3,700    5,045       3,000        41,861
              Total for Exporter: Reach Niugini Construction                                                 17,920                               5,002    4,587   2,606    3,700    5,045       3,000        41,861
              Per Cent of Grand Total                                                                          6.4%                                2.3%     1.8%    0.8%     1.8%      2.5%        1.1%         1.4%
Total for Reach Niugini Construction                                                                         17,920                               5,002    4,587   2,606    3,700    5,045       3,000        41,861
Per Cent of Grand Total                                                                                        6.4%                                2.3%     1.8%    0.8%     1.8%      2.5%        1.1%         1.4%




      11- 8                                                                                                                                                           Report Number 11:       Page 8 of 11 pages

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Report - Monthly Actual Shipped Volumes (m3) by Export Company and Project   continued




                                                                                                                                         Month                                                          12-month
Co. Grouping Exporter                            SiteCode
                                                                                         12/22    11/22    10/22    9/22     8/22     7/22  6/22        5/22     4/22     3/22     2/22       1/22          total

Rimbunan Hijau (PNG) Ltd
              Niugini Lumber Merchants Ltd Andru Johana (LFA 21410)                                6,225    2,558    5,054            15,049    5,121    1,637            11,755    4,068       6,353        57,821
                                                 Ania Kapiura Consolidated (11452)       10,029    6,067   10,007            10,969                      9,002                                               46,074
                                                 Asengseng Consolidated FMA (61401)       3,431             5,941    3,299             4,677    1,097      549    1,049                                      20,042
                                                 Awio Amgen LFA (21409)                   2,018             2,001    1,979             1,552    5,493      702   10,979                        17,411        42,136
              Total for Exporter: Niugini Lumber Merchants Ltd                           15,478   12,292 20,508     10,333 10,969 21,278       11,711   11,890   12,028 11,755     4,068 23,764            166,073
              Per Cent of Grand Total                                                      4.0%     6.1%     7.3%     3.7%     5.6%     8.0%     5.3%     4.8%     3.8%     5.7%     2.0%        9.1%         5.4%
              Saban Enterprises Ltd          Huhu (Ulabo) Forest Plantation (TA3-8                                                    13,876            15,354                      7,488                    36,718
              Total for Exporter: Saban Enterprises Ltd                                                                               13,876            15,354                     7,488                    36,718
              Per Cent of Grand Total                                                                                                   5.2%              6.2%                       3.7%                     1.2%
              Wawoi Guavi Timber Co Ltd     Wawoi Guavi (10107)                          14,803                                       14,401            11,000             7,834               10,575        58,613
              Total for Exporter: Wawoi Guavi Timber Co Ltd                              14,803                                       14,401            11,000            7,834               10,575        58,613
              Per Cent of Grand Total                                                      3.8%                                         5.4%              4.4%              3.8%                 4.0%         1.9%
Total for Rimbunan Hijau (PNG) Ltd                                                       30,281   12,292 20,508     10,333 10,969 49,555       11,711   38,245   12,028 19,589 11,555         34,339      261,404
Per Cent of Grand Total                                                                    7.9%     6.1%     7.3%     3.7%     5.6%    18.6%     5.3%    15.4%     3.8%     9.6%     5.7%       13.1%        8.5%
Samas Ltd
              Samas Ltd                     Aitape Lumi Consolidated FMA (6100                     9,113    7,551   21,662                     17,835    6,053   23,375             7,958      25,514      119,061
              Total for Exporter: Samas Ltd                                                        9,113    7,551   21,662                     17,835    6,053   23,375            7,958 25,514            119,061
              Per Cent of Grand Total                                                               4.5%     2.7%     7.7%                       8.1%     2.4%     7.5%              3.9%        9.8%         3.9%
Total for Samas Ltd                                                                                9,113    7,551   21,662                     17,835    6,053   23,375            7,958      25,514      119,061
Per Cent of Grand Total                                                                             4.5%     2.7%     7.7%                       8.1%     2.4%     7.5%              3.9%        9.8%        3.9%
Summit Agriculture Ltd
              Summit Agriculture Ltd             Angoram Intergrated (FCA 71104)          8,917    2,749    7,116                      1,779                      4,562             5,499                    30,623
                                                 Gweing Wagasu Agro-Forestry (FCA 7       1,882    1,035    2,859             2,349             6,547             2,009    2,131    4,918                    23,731
                                                 Wewak/Turubu (FCA 71103)                 2,001    7,113    4,848             1,910   16,106    8,104            11,753    1,979    6,048                    59,862
              Total for Exporter: Summit Agriculture Ltd                                 12,800   10,897 14,824              4,259 17,885      14,652            18,324   4,110 16,465                     114,216
              Per Cent of Grand Total                                                      3.3%     5.4%     5.3%              2.2%     6.7%     6.6%              5.8%     2.0%     8.1%                     3.7%
Total for Summit Agriculture Ltd                                                         12,800   10,897 14,824              4,259 17,885      14,652            18,324   4,110 16,465                    114,216
Per Cent of Grand Total                                                                    3.3%     5.4%     5.3%              2.2%     6.7%     6.6%              5.8%     2.0%     8.1%                    3.7%
Sunland Limited
              Sunland Limited                Idam-saiwi Inter Agri Proj (FCA 71009                 3,770                      7,103                                        8,678    8,477       7,022        35,050
              Total for Exporter: Sunland Limited                                                  3,770                     7,103                                        8,678    8,477       7,022        35,050
              Per Cent of Grand Total                                                               1.9%                       3.6%                                         4.2%     4.2%        2.7%         1.1%
Total for Sunland Limited                                                                          3,770                     7,103                                        8,678    8,477       7,022        35,050
Per Cent of Grand Total                                                                             1.9%                       3.6%                                         4.2%     4.2%        2.7%         1.1%


      11- 9                                                                                                                                                          Report Number 11:      Page 9 of 11 pages

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Report - Monthly Actual Shipped Volumes (m3) by Export Company and Project       continued




                                                                                                                                             Month                                                        12-month
Co. Grouping Exporter                            SiteCode
                                                                                             12/22    11/22    10/22    9/22     8/22     7/22  6/22       5/22     4/22     3/22     2/22       1/22         total

Tutuman Development Ltd
             Maxland (PNG) Ltd              Pohowa Agro_Forestry (FCA 71801)                                                                                                  2,439                                2,439
             Total for Exporter: Maxland (PNG) Ltd                                                                                                                           2,439                             2,439
             Per Cent of Grand Total                                                                                                                                           1.2%                             0.1%
             Millionplus Corporation Ltd     Konoagil Inter.Agri.Proj. (FCA 71603)            4,319   20,427    5,169   13,809    9,231    6,494   7,446    9,411   15,648   13,901   10,260     13,201      129,317
             Total for Exporter: Millionplus Corporation Ltd                                  4,319   20,427    5,169   13,809    9,231   6,494    7,446    9,411   15,648 13,901 10,260 13,201              129,317
             Per Cent of Grand Total                                                           1.1%    10.1%     1.8%     4.9%     4.7%     2.4%    3.4%     3.8%     5.0%     6.8%     5.1%       5.0%         4.2%
Total for Tutuman Development Ltd                                                             4,319   20,427    5,169   13,809    9,231   6,494    7,446    9,411   15,648 16,340 10,260        13,201      131,756
Per Cent of Grand Total                                                                        1.1%    10.1%     1.8%     4.9%     4.7%     2.4%    3.4%     3.8%     5.0%     8.0%     5.1%       5.0%        4.3%
Uni Rise Ltd
             Lawrence Wood Ltd             Lolo Block 2 (21403)                                                          6,724                              6,658             9,054                            22,436
             Total for Exporter: Lawrence Wood Ltd                                                                       6,724                              6,658            9,054                            22,436
             Per Cent of Grand Total                                                                                      2.4%                               2.7%              4.4%                             0.7%
Total for Uni Rise Ltd                                                                                                   6,724                              6,658            9,054                            22,436
Per Cent of Grand Total                                                                                                   2.4%                               2.7%              4.4%                             0.7%
Vanimo Jaya Ltd
             Sentawan (PNG) Ltd             DANFU Block 12,13,14,15&18 (1164                  8,467                              10,137                              7,265            10,688                   36,557
             Total for Exporter: Sentawan (PNG) Ltd                                           8,467                              10,137                              7,265            10,688                  36,557
             Per Cent of Grand Total                                                           2.2%                                5.1%                               2.3%              5.3%                    1.2%
             Vanimo Jaya Ltd                Makapa Timber Area (10109)                       18,147                      8,826    5,539   23,626                    15,000    4,189              13,406        88,732
             Total for Exporter: Vanimo Jaya Ltd                                             18,147                      8,826    5,539 23,626                      15,000   4,189              13,406        88,732
             Per Cent of Grand Total                                                           4.7%                       3.1%     2.8%     8.8%                      4.8%     2.0%                5.1%         2.9%
             VJ Holdings Ltd                     Lolobau Kamarere WoodLot (TP14-86              513                               2,057    1,513                                                                4,083
                                                 Ulamona consolidated TP (11443)                                                  4,734      962   3,066    4,259                                 1,898        14,920
                                                 Ulewun Kamarere WoodLot (TP14-85)                                                   86    2,887   2,008    7,213    1,311                        4,152        17,656
             Total for Exporter: VJ Holdings Ltd                                               513                                6,877   5,362    5,074   11,472    1,311                       6,051        36,659
             Per Cent of Grand Total                                                           0.1%                                3.5%     2.0%    2.3%     4.6%     0.4%                         2.3%         1.2%
Total for Vanimo Jaya Ltd                                                                    27,127                      8,826 22,553 28,987       5,074   11,472   23,576   4,189 10,688       19,457      161,948
Per Cent of Grand Total                                                                        7.0%                       3.1%    11.4%   10.9%     2.3%     4.6%     7.5%     2.0%     5.3%       7.4%        5.3%
Viva Success Ltd
             Viva Success Ltd                    Central New Ireland (11642)                  3,531    3,362                                       3,942                      1,342                            12,176
                                                 Central New Ireland LFA 16-01               19,927      768                                                                                                   20,695
             Total for Exporter: Viva Success Ltd                                            23,458    4,130                                       3,942                     1,342                            32,871
             Per Cent of Grand Total                                                           6.1%     2.0%                                        1.8%                       0.7%                             1.1%



      11- 10                                                                                                                                                            Report Number 11:    Page 10 of 11 pages

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Report - Monthly Actual Shipped Volumes (m3) by Export Company and Project   continued




                                                                                                                                     Month                                                      12-month
Co. Grouping Exporter                            SiteCode
                                                                                         12/22    11/22    10/22    9/22   8/22   7/22  6/22     5/22     4/22     3/22     2/22       1/22         total

Total for Viva Success Ltd                                                               23,458    4,130                                 3,942                     1,342                            32,871
Per Cent of Grand Total                                                                    6.1%     2.0%                                  1.8%                       0.7%                             1.1%
Woodbank Pacific Ltd
             Woodbank Pacific Ltd                Kumil TP (11222)                        25,519             6,298                                 2,556   10,420                       11,223        56,017
                                                 Vanimo Block 3,4 & 5 (TP 11011)                     770                                          3,066                                               3,836
             Total for Exporter: Woodbank Pacific Ltd                                    25,519     770     6,298                                5,622    10,420                      11,223        59,853
             Per Cent of Grand Total                                                       6.6%     0.4%     2.3%                                 2.3%      3.3%                         4.3%         2.0%
Total for Woodbank Pacific Ltd                                                           25,519     770     6,298                                5,622    10,420                      11,223        59,853
Per Cent of Grand Total                                                                    6.6%     0.4%     2.3%                                 2.3%      3.3%                         4.3%         2.0%

Grand Total:                                                                         385,257 201,616 279,892 280,263 197,583 267,015 220,382 248,882 313,535 204,914 202,106 261,427            3,062,871




      11- 11                                                                                                                                                  Report Number 11:    Page 11 of 11 pages

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Log Exports by Project Site (Volume and Value) for December - 2022, and Year to Date
Date printed: 29/01/2023 3:01:07 pm
                                                                                --------------------------- December / 2022 -------------------------       --------------------------- Year to Date ------------------------------
Co. Grouping             Exporter            Site Code                          No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

Active Forest Limited
                         Active Forest Limited
                                             Cloudy Bay (FMA 60301)                     1                    2,100.017                481,201.84                      7                 53,656.740              17,169,757.39
                         Total for Exporter: Active Forest Limited                    1                     2,100.017               481,201.84                      7                  53,656.740             17,169,757.39
                         Per Cent of Grand Total                                   1.1%                         0.5%                     0.4%                    1.0%                       1.8%                      1.7%
Total for Active Forest Limited                                                      1                     2,100.017               481,201.84                      7                 53,656.740             17,169,757.39
Per Cent of Grand Total                                                          1.1%                          0.5%                     0.4%                    1.0%                      1.8%                      1.7%
Amanab 56 Timber Investments Ltd
                         Amanab 56 Timber Investments Ltd
                                             Amanab Blocks 5 & 6 FMA (61002)            3                   20,655.474            17,765,091.25                      14                 72,749.488              65,813,712.02
                         Total for Exporter: Amanab 56 Timber Investments Ltd         3                   20,655.474            17,765,091.25                      14                  72,749.488             65,813,712.02
                         Per Cent of Grand Total                                   3.3%                        5.4%                    15.3%                     1.9%                       2.4%                      6.3%
Total for Amanab 56 Timber Investments Ltd                                           3                   20,655.474           17,765,091.25                        14                72,749.488             65,813,712.02
Per Cent of Grand Total                                                          3.3%                         5.4%                   15.3%                      1.9%                      2.4%                      6.3%
Amanab Forest Products Ltd
                         Amanab Forest Products Ltd
                                             Amanab Blocks 1-4 FMA (61001)                                                                                           19                117,766.969             103,345,104.72
                         Total for Exporter: Amanab Forest Products Ltd                                                                                            19                117,766.969            103,345,104.72
                         Per Cent of Grand Total                                                                                                                 2.6%                      3.8%                      9.9%
Total for Amanab Forest Products Ltd                                                                                                                               19              117,766.969 ##############
Per Cent of Grand Total                                                                                                                                         2.6%                     3.8%           9.9%


 12- 1                                                                                                                                                  Report Number 12:       Page 1 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

Aset Meriah (PNG) Ltd
                     Aset Meriah (PNG) Ltd
                                          Alimbit Andru (TP 11408)                                                                                                          3                 11,272.483                3,112,765.16
                     Total for Exporter: Aset Meriah (PNG) Ltd                                                                                                            3                  11,272.483               3,112,765.16
                     Per Cent of Grand Total                                                                                                                           0.4%                       0.4%                       0.3%
                     Kulawood Limited
                                          Woodlark Intergrated Project (FCA 70401)                                                                                          9                 42,055.867              11,814,648.85
                     Total for Exporter: Kulawood Limited                                                                                                                 9                  42,055.867             11,814,648.85
                     Per Cent of Grand Total                                                                                                                           1.3%                       1.4%                      1.1%
                     Milton Ltd
                                          Mosa - Leim TP (11457)                                                                                                            6                 17,821.090                3,951,017.05
                     Total for Exporter: Milton Ltd                                                                                                                       6                  17,821.090               3,951,017.05
                     Per Cent of Grand Total                                                                                                                           0.8%                       0.6%                       0.4%
Total for Aset Meriah (PNG) Ltd                                                                                                                                          18                71,149.440             18,878,431.06
Per Cent of Grand Total                                                                                                                                               2.5%                      2.3%                      1.8%
BDSL Shipping Ltd
                     BDSL Shipping Ltd
                                          Sapo Agroforest Dev Block 8A (TA 10-126)                                                                                          2                   1,533.784               1,148,609.81
                                          Wari Intergrated Agri. (TA 10-130)                                                                                                2                   2,983.421               1,963,774.24
                     Total for Exporter: BDSL Shipping Ltd                                                                                                                4                   4,517.205               3,112,384.05
                     Per Cent of Grand Total                                                                                                                           0.6%                       0.1%                       0.3%
Total for BDSL Shipping Ltd                                                                                                                                              4                   4,517.205              3,112,384.05
Per Cent of Grand Total                                                                                                                                               0.6%                       0.1%                      0.3%
Bismarck Industries Ltd
                     Bismarck Industries Ltd
                                          Kapuluk Timber Project (TP 11450)                                                                                                 3                 32,490.723                9,713,873.47
                     Total for Exporter: Bismarck Industries Ltd                                                                                                          3                  32,490.723               9,713,873.47
                     Per Cent of Grand Total                                                                                                                           0.4%                       1.1%                       0.9%



 12- 2                                                                                                                                                        Report Number 12:       Page 2 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

Total for Bismarck Industries Ltd                                                                                                                                        3                 32,490.723               9,713,873.47
Per Cent of Grand Total                                                                                                                                               0.4%                      1.1%                       0.9%
Cakara Alam (PNG) Ltd
                     Cakara Alam (PNG) Ltd
                                          East Arowe TP (11455)                                                                                                             5                 15,764.398               4,268,499.74
                                          Rottock Bay Consolidated (FMA 61402)                8                   27,220.054             7,264,257.87                      43                157,586.702              44,086,733.33
                     Total for Exporter: Cakara Alam (PNG) Ltd                              8                   27,220.054              7,264,257.87                     48                173,351.100              48,355,233.07
                     Per Cent of Grand Total                                             8.9%                        7.1%                      6.3%                    6.7%                      5.7%                       4.7%
                     Tzen Niugini Ltd
                                          Cape Offord (TP 11548)                                                                                                            4                 14,454.966                4,718,876.24
                                          Illi Wawas/Masarau (FCA 71502)                                                                                                   10                 24,873.210                7,662,899.98
                     Total for Exporter: Tzen Niugini Ltd                                                                                                                14                  39,328.176             12,381,776.23
                     Per Cent of Grand Total                                                                                                                           1.9%                       1.3%                      1.2%
Total for Cakara Alam (PNG) Ltd                                                            8                   27,220.054             7,264,257.87                       62              212,679.276              60,737,009.30
Per Cent of Grand Total                                                                8.9%                         7.1%                     6.3%                     8.6%                     6.9%                       5.8%
Canopus No. 16 Ltd
                     Canopus No. 16 Ltd
                                          Wipim Tapila FMA (60110)                            1                    4,335.059                949,488.25                      8                 38,910.700                9,403,277.07
                     Total for Exporter: Canopus No. 16 Ltd                                 1                     4,335.059               949,488.25                      8                  38,910.700               9,403,277.07
                     Per Cent of Grand Total                                             1.1%                         1.1%                     0.8%                    1.1%                       1.3%                       0.9%
Total for Canopus No. 16 Ltd                                                               1                     4,335.059               949,488.25                      8                 38,910.700               9,403,277.07
Per Cent of Grand Total                                                                1.1%                          1.1%                     0.8%                    1.1%                      1.3%                       0.9%
Continental Alliance Ltd
                     Continental Alliance Ltd
                                          Meander May Valley int.Agri. (FCA 71105)                                                                                          5                  8,638.136                2,177,209.58
                                          Wagana Wagasu Agro Forestry (FCA 71013)             3                    3,210.704                905,823.24                     12                 22,282.481                6,105,403.15
                     Total for Exporter: Continental Alliance Ltd                           3                     3,210.704               905,823.24                     17                  30,920.617               8,282,612.73
                     Per Cent of Grand Total                                             3.3%                         0.8%                     0.8%                    2.4%                       1.0%                       0.8%



 12- 3                                                                                                                                                        Report Number 12:       Page 3 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

Total for Continental Alliance Ltd                                                         3                     3,210.704               905,823.24                      17                30,920.617               8,282,612.73
Per Cent of Grand Total                                                                3.3%                          0.8%                     0.8%                    2.4%                      1.0%                       0.8%
CS Boss International Ltd
                     Stettin Bay Lumber Co. Ltd
                                          Ania Kapiura Consolidated (11452)                   5                   13,559.460             3,642,649.73                      25                 88,259.417              26,425,295.67
                                          Ania Kapuira Forest Pltn (TP 11403)                 1                       83.807                29,603.29                       1                     83.807                  29,603.29
                     Total for Exporter: Stettin Bay Lumber Co. Ltd                         6                   13,643.267              3,672,253.01                     26                  88,343.224             26,454,898.96
                     Per Cent of Grand Total                                             6.7%                        3.5%                      3.2%                    3.6%                       2.9%                      2.5%
Total for CS Boss International Ltd                                                        6                   13,643.267             3,672,253.01                       26                88,343.224             26,454,898.96
Per Cent of Grand Total                                                                6.7%                         3.5%                     3.2%                     3.6%                      2.9%                      2.5%
East Papua Timber Resources Ltd
                     East Papua Timber Resources Ltd
                                          Brown River/Kuriva (10337)                                                                                                        3                     519.195                 465,228.49
                     Total for Exporter: East Papua Timber Resources Ltd                                                                                                  3                      519.195                465,228.49
                     Per Cent of Grand Total                                                                                                                           0.4%                        0.0%                      0.0%
Total for East Papua Timber Resources Ltd                                                                                                                                3                      519.195                465,228.49
Per Cent of Grand Total                                                                                                                                               0.4%                        0.0%                      0.0%
Everwin Enterprises Ltd
                     Everwin Enterprises Ltd
                                          Morobe Coast TRP (TP 11335) Mopi Camp                                                                                             5                 26,167.175                7,322,655.64
                     Total for Exporter: Everwin Enterprises Ltd                                                                                                          5                  26,167.175               7,322,655.64
                     Per Cent of Grand Total                                                                                                                           0.7%                       0.9%                       0.7%
Total for Everwin Enterprises Ltd                                                                                                                                        5                 26,167.175               7,322,655.64
Per Cent of Grand Total                                                                                                                                               0.7%                      0.9%                       0.7%
Firstmark Limited
                     Firstmark Limited
                                          Kupiano - Marshall Lagoon (TP 3-36)                                                                                               3                 30,569.492                8,049,976.28
                     Total for Exporter: Firstmark Limited                                                                                                                3                  30,569.492               8,049,976.28
                     Per Cent of Grand Total                                                                                                                           0.4%                       1.0%                       0.8%
 12- 4                                                                                                                                                        Report Number 12:       Page 4 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

Total for Firstmark Limited                                                                                                                                              3                 30,569.492               8,049,976.28
Per Cent of Grand Total                                                                                                                                               0.4%                      1.0%                       0.8%
GL Niugini Pty Ltd
                     GL Niugini Pty Ltd
                                          East Awin (FMA 60101)                                                                                                             7                 39,055.629              11,732,077.06
                     Total for Exporter: GL Niugini Pty Ltd                                                                                                               7                  39,055.629             11,732,077.06
                     Per Cent of Grand Total                                                                                                                           1.0%                       1.3%                      1.1%
Total for GL Niugini Pty Ltd                                                                                                                                             7                 39,055.629             11,732,077.06
Per Cent of Grand Total                                                                                                                                               1.0%                      1.3%                      1.1%
Global Elite Ltd
                     Global Elite Ltd
                                          Wammy Inter. Agro Forestry (FCA71007)               1                    1,429.168                408,334.79                      7                 14,726.763                4,039,613.83
                     Total for Exporter: Global Elite Ltd                                   1                     1,429.168               408,334.79                      7                  14,726.763               4,039,613.83
                     Per Cent of Grand Total                                             1.1%                         0.4%                     0.4%                    1.0%                       0.5%                       0.4%
Total for Global Elite Ltd                                                                 1                     1,429.168               408,334.79                      7                 14,726.763               4,039,613.83
Per Cent of Grand Total                                                                1.1%                          0.4%                     0.4%                    1.0%                      0.5%                       0.4%
Golden Rise Investment Ltd
                     Golden Rise Investment Ltd
                                          Raicoast TP (11218)                                 1                   10,969.562             2,424,597.29                       2                 16,777.850                3,544,400.36
                     Total for Exporter: Golden Rise Investment Ltd                         1                   10,969.562              2,424,597.29                      2                  16,777.850               3,544,400.36
                     Per Cent of Grand Total                                             1.1%                        2.8%                      2.1%                    0.3%                       0.5%                       0.3%
Total for Golden Rise Investment Ltd                                                       1                   10,969.562             2,424,597.29                       2                 16,777.850               3,544,400.36
Per Cent of Grand Total                                                                1.1%                         2.8%                     2.1%                     0.3%                      0.5%                       0.3%
Green Point Limited
                     Green Point Limited
                                          Ania Integrated Agri (FCA 71517)                    3                   26,448.442             8,055,605.28                      13                 98,569.918              29,964,327.63
                     Total for Exporter: Green Point Limited                                3                   26,448.442              8,055,605.28                     13                  98,569.918             29,964,327.63
                     Per Cent of Grand Total                                             3.3%                        6.9%                      6.9%                    1.8%                       3.2%                      2.9%

 12- 5                                                                                                                                                        Report Number 12:       Page 5 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

Total for Green Point Limited                                                              3                   26,448.442             8,055,605.28                       13                98,569.918             29,964,327.63
Per Cent of Grand Total                                                                3.3%                         6.9%                     6.9%                     1.8%                      3.2%                      2.9%
IFL Investment Ltd
                     AJ Glory Limited
                                          Umbukul NIP (TP 11648)                                                                                                            1                   9,097.006               2,643,500.63
                     Total for Exporter: AJ Glory Limited                                                                                                                 1                   9,097.006               2,643,500.63
                     Per Cent of Grand Total                                                                                                                           0.1%                       0.3%                       0.3%
                     IFL Investment Ltd
                                          Bonua Magarida TRP (10328)                                                                                                        6                 51,677.406              14,322,594.15
                     Total for Exporter: IFL Investment Ltd                                                                                                               6                  51,677.406             14,322,594.15
                     Per Cent of Grand Total                                                                                                                           0.8%                       1.7%                      1.4%
Total for IFL Investment Ltd                                                                                                                                             7                 60,774.412             16,966,094.79
Per Cent of Grand Total                                                                                                                                               1.0%                      2.0%                      1.6%
Innovest Ltd
                     Innovest Ltd
                                          Kumil TP (11222)                                                                                                                  1                   4,041.225               2,000,675.21
                     Total for Exporter: Innovest Ltd                                                                                                                     1                   4,041.225               2,000,675.21
                     Per Cent of Grand Total                                                                                                                           0.1%                       0.1%                       0.2%
Total for Innovest Ltd                                                                                                                                                   1                   4,041.225              2,000,675.21
Per Cent of Grand Total                                                                                                                                               0.1%                       0.1%                      0.2%
Joinland Management (PNG) Ltd
                     Joinland Management (PNG) Ltd
                                          Kamdaru-Siaman-Lamasa (TP 11635)                    1                      419.426               105,123.02                       9                 26,806.084               9,041,073.14
                                          Lak TRP Project (TP 11643)                          8                   22,316.092             6,337,585.13                      38                176,583.196              58,869,453.12
                     Total for Exporter: Joinland Management (PNG) Ltd                     9                    22,735.518              6,442,708.15                     47                203,389.280              67,910,526.26
                     Per Cent of Grand Total                                           10.0%                         5.9%                      5.5%                    6.5%                      6.6%                       6.5%
Total for Joinland Management (PNG) Ltd                                                    9                   22,735.518             6,442,708.15                       47              203,389.280              67,910,526.26
Per Cent of Grand Total                                                               10.0%                         5.9%                     5.5%                     6.5%                     6.6%                       6.5%


 12- 6                                                                                                                                                        Report Number 12:       Page 6 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

KK Connections Ltd
                     KK Connections Ltd
                                          Mengen Integrated (FCA 71522)                       2                    8,136.327             2,001,329.50                      10                 29,946.283               7,420,917.60
                                          Seraji EXN TRP PROJ. (TP 11558)                                                                                                  13                 28,750.134               7,942,910.79
                                          Taraiwara(Ext) Agro Reforest.(FCA 71514)            4                   21,049.132             5,409,825.64                      18                 65,633.569              17,568,046.73
                                          Utnari Land Agro-Forestry (FCA 71521)               3                   12,082.935             3,055,953.59                      21                 87,956.787              24,294,231.11
                     Total for Exporter: KK Connections Ltd                                9                    41,268.394            10,467,108.73                      62                212,286.773              57,226,106.23
                     Per Cent of Grand Total                                           10.0%                        10.7%                     9.0%                     8.6%                      6.9%                       5.5%
                     KL Connections Ltd
                                          Dengnenge 'B' Agro Forestry (FCA 71516)                                                                                          18                 37,453.428              10,181,903.96
                     Total for Exporter: KL Connections Ltd                                                                                                              18                  37,453.428             10,181,903.96
                     Per Cent of Grand Total                                                                                                                           2.5%                       1.2%                      1.0%
                     Laloani No.8 Ltd
                                          Dengnenge "A"Intergrated Agri (FCA71515)                                                                                          6                   8,467.366               2,325,418.15
                     Total for Exporter: Laloani No.8 Ltd                                                                                                                 6                   8,467.366               2,325,418.15
                     Per Cent of Grand Total                                                                                                                           0.8%                       0.3%                       0.2%
                     Super Green Ltd
                                          Ormand Lako TRP Project (TP 10330)                                                                                                4                 14,918.086                4,766,101.51
                     Total for Exporter: Super Green Ltd                                                                                                                  4                  14,918.086               4,766,101.51
                     Per Cent of Grand Total                                                                                                                           0.6%                       0.5%                       0.5%
Total for KK Connections Ltd                                                               9                   41,268.394           10,467,108.73                       90               273,125.653              74,499,529.84
Per Cent of Grand Total                                                               10.0%                        10.7%                    9.0%                    12.5%                      8.9%                       7.2%
Logohu Limited
                     Logohu Limited
                                          Mussau TRP Project (TP 11641)                                                                                                     3                 27,527.537                9,732,038.94
                     Total for Exporter: Logohu Limited                                                                                                                   3                  27,527.537               9,732,038.94
                     Per Cent of Grand Total                                                                                                                           0.4%                       0.9%                       0.9%
Total for Logohu Limited                                                                                                                                                 3                 27,527.537               9,732,038.94
Per Cent of Grand Total                                                                                                                                               0.4%                      0.9%                       0.9%


 12- 7                                                                                                                                                        Report Number 12:       Page 7 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

Low Impact Logging Ltd
                     Low Impact Logging Ltd
                                          Buhem Mongi Busiga (11338)                                                                                                        2                 10,357.107                3,152,514.28
                     Total for Exporter: Low Impact Logging Ltd                                                                                                           2                  10,357.107               3,152,514.28
                     Per Cent of Grand Total                                                                                                                           0.3%                       0.3%                       0.3%
Total for Low Impact Logging Ltd                                                                                                                                         2                 10,357.107               3,152,514.28
Per Cent of Grand Total                                                                                                                                               0.3%                      0.3%                       0.3%
Lucky 99 (PNG) Ltd
                     Lucky 99 (PNG) Ltd
                                          Rakona/Aimorao Road No.1 (TA 13-279)                1                    4,359.280             1,327,401.99                       1                   4,359.280               1,327,401.99
                     Total for Exporter: Lucky 99 (PNG) Ltd                                 1                     4,359.280             1,327,401.99                      1                   4,359.280               1,327,401.99
                     Per Cent of Grand Total                                             1.1%                         1.1%                     1.1%                    0.1%                       0.1%                       0.1%
                     Lucky Logging Limited
                                          Semon (FCA 71302)                                   1                    4,061.433                823,607.62                      3                 13,315.098                3,195,939.45
                     Total for Exporter: Lucky Logging Limited                              1                     4,061.433               823,607.62                      3                  13,315.098               3,195,939.45
                     Per Cent of Grand Total                                             1.1%                         1.1%                     0.7%                    0.4%                       0.4%                       0.3%
Total for Lucky 99 (PNG) Ltd                                                               2                     8,420.713            2,151,009.61                       4                 17,674.378               4,523,341.44
Per Cent of Grand Total                                                                2.2%                          2.2%                    1.9%                     0.6%                      0.6%                       0.4%
Lucky Logging Limited
                     Wasu Resource Ltd
                                          Wasu Cattle farm (FCA 13-03)                        1                    5,405.762             1,184,440.12                       4                 26,745.831                6,656,462.98
                     Total for Exporter: Wasu Resource Ltd                                  1                     5,405.762             1,184,440.12                      4                  26,745.831               6,656,462.98
                     Per Cent of Grand Total                                             1.1%                         1.4%                     1.0%                    0.6%                       0.9%                       0.6%
Total for Lucky Logging Limited                                                            1                     5,405.762            1,184,440.12                       4                 26,745.831               6,656,462.98
Per Cent of Grand Total                                                                1.1%                          1.4%                    1.0%                     0.6%                      0.9%                       0.6%
Mekar (PNG) Limited
                     Mekar (PNG) Limited
                                          Aliai-Sisimi-Hargy Consolidated TP 11438                                                                                          8                 39,230.706              11,339,345.21


 12- 8                                                                                                                                                        Report Number 12:       Page 8 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

                     Total for Exporter: Mekar (PNG) Limited                                                                                                              8                  39,230.706             11,339,345.21
                     Per Cent of Grand Total                                                                                                                           1.1%                       1.3%                      1.1%
Total for Mekar (PNG) Limited                                                                                                                                            8                 39,230.706             11,339,345.21
Per Cent of Grand Total                                                                                                                                               1.1%                      1.3%                      1.1%
Millennium Corporation Ltd
                     Millennium Corporation Ltd
                                          Nakmai (TP 11601)                                                                                                                 1                   4,036.828                 828,067.28
                     Total for Exporter: Millennium Corporation Ltd                                                                                                       1                   4,036.828                 828,067.28
                     Per Cent of Grand Total                                                                                                                           0.1%                       0.1%                       0.1%
Total for Millennium Corporation Ltd                                                                                                                                     1                   4,036.828                 828,067.28
Per Cent of Grand Total                                                                                                                                               0.1%                       0.1%                       0.1%
Milton Limited
                     Milton Ltd
                                          Morevona -Agro Forestry (FCA 71403)                                                                                              14                 50,174.849              12,234,464.60
                     Total for Exporter: Milton Ltd                                                                                                                      14                  50,174.849             12,234,464.60
                     Per Cent of Grand Total                                                                                                                           1.9%                       1.6%                      1.2%
Total for Milton Limited                                                                                                                                                 14                50,174.849             12,234,464.60
Per Cent of Grand Total                                                                                                                                               1.9%                      1.6%                      1.2%
Musa Century Limited
                     Musa Century Limited
                                          Lower Musa Agro, (FCA 70505)                        4                   18,334.002             4,401,400.86                      11                 54,905.959              17,461,352.65
                     Total for Exporter: Musa Century Limited                               4                   18,334.002              4,401,400.86                     11                  54,905.959             17,461,352.65
                     Per Cent of Grand Total                                             4.4%                        4.8%                      3.8%                    1.5%                       1.8%                      1.7%
Total for Musa Century Limited                                                             4                   18,334.002             4,401,400.86                       11                54,905.959             17,461,352.65
Per Cent of Grand Total                                                                4.4%                         4.8%                     3.8%                     1.5%                      1.8%                      1.7%
Northern Forest Products Ltd
                     Northern Forest Products Ltd
                                          Wanigela Tree Plantation (FCA 70506)                                                                                              6                 39,540.982              13,422,256.81


 12- 9                                                                                                                                                        Report Number 12:       Page 9 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

                     Total for Exporter: Northern Forest Products Ltd                                                                                                     6                  39,540.982             13,422,256.81
                     Per Cent of Grand Total                                                                                                                           0.8%                       1.3%                      1.3%
Total for Northern Forest Products Ltd                                                                                                                                   6                 39,540.982             13,422,256.81
Per Cent of Grand Total                                                                                                                                               0.8%                      1.3%                      1.3%
Open Bay Timber Ltd
                     Open Bay Timber Ltd
                                          Open Bay Consolidated (TP 11553)                                                                                                  1                  6,854.524                  997,698.51
                                          Open Bay Consolidated [Pltn] (TP 11501)             1                          9.321                 2,558.48                     8                 25,666.517                6,584,331.73
                     Total for Exporter: Open Bay Timber Ltd                                1                           9.321                2,558.48                     9                  32,521.041               7,582,030.24
                     Per Cent of Grand Total                                             1.1%                           0.0%                    0.0%                   1.3%                       1.1%                       0.7%
Total for Open Bay Timber Ltd                                                              1                           9.321                2,558.48                     9                 32,521.041               7,582,030.24
Per Cent of Grand Total                                                                1.1%                            0.0%                    0.0%                   1.3%                      1.1%                       0.7%
Oro Wood Industry Ltd
                     Oro Wood Industry Ltd
                                          Ifane Agro-Forest Project - (FCA 70503)             2                    8,814.904             2,564,577.14                       9                 39,666.265              11,352,322.81
                     Total for Exporter: Oro Wood Industry Ltd                              2                     8,814.904             2,564,577.14                      9                  39,666.265             11,352,322.81
                     Per Cent of Grand Total                                             2.2%                         2.3%                     2.2%                    1.3%                       1.3%                      1.1%
Total for Oro Wood Industry Ltd                                                            2                     8,814.904            2,564,577.14                       9                 39,666.265             11,352,322.81
Per Cent of Grand Total                                                                2.2%                          2.3%                    2.2%                     1.3%                      1.3%                      1.1%
Pacific Region Development Ltd
                     Pacific Region Development Ltd
                                          Far North Coast TRP (TP 11212)                                                                                                    1                  1,401.004                 602,161.03
                                          Gar Consolidated TRP (TP 11544)                     2                    4,352.648             1,077,306.64                       8                 25,336.018               7,006,658.13
                                          Senbam Cons. (TP 11552)                             2                   18,267.900             4,580,427.08                      10                 97,856.839              31,467,102.30
                                          Tokai Matong TRP (TP 11545)                         1                   10,348.481             2,257,983.24                       3                 22,609.639               5,363,568.22
                                          Waterfall bay Extn CONS.TRP(TP 11555)               1                   13,783.033             4,036,030.72                       7                 40,932.973              11,913,835.90
                     Total for Exporter: Pacific Region Development Ltd                     6                   46,752.062            11,951,747.68                      29                188,136.473              56,353,325.58
                     Per Cent of Grand Total                                             6.7%                       12.1%                    10.3%                     4.0%                      6.1%                       5.4%



 12- 10                                                                                                                                                       Report Number 12:      Page 10 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

Total for Pacific Region Development Ltd                                                   6                   46,752.062           11,951,747.68                        29              188,136.473              56,353,325.58
Per Cent of Grand Total                                                                6.7%                        12.1%                   10.3%                      4.0%                     6.1%                       5.4%
PJ Plantation Limited
                     PJ Plantation Limited
                                          Idam-Saiwi Inter Agri Proj (FCA 71009)                                                                                            9                 27,329.337                9,428,622.29
                     Total for Exporter: PJ Plantation Limited                                                                                                            9                  27,329.337               9,428,622.29
                     Per Cent of Grand Total                                                                                                                           1.3%                       0.9%                       0.9%
Total for PJ Plantation Limited                                                                                                                                          9                 27,329.337               9,428,622.29
Per Cent of Grand Total                                                                                                                                               1.3%                      0.9%                       0.9%
PL Connection Ltd
                     PL Connection Ltd
                                          Nutuve TP (11559)                                                                                                                 1                    731.403                  196,298.39
                                          Suikol Intergrated Agro (FCA 71513)                                                                                               6                 32,933.634                9,661,657.88
                     Total for Exporter: PL Connection Ltd                                                                                                                7                  33,665.037               9,857,956.27
                     Per Cent of Grand Total                                                                                                                           1.0%                       1.1%                       0.9%
Total for PL Connection Ltd                                                                                                                                              7                 33,665.037               9,857,956.27
Per Cent of Grand Total                                                                                                                                               1.0%                      1.1%                       0.9%
Reach Niugini Construction
                     Reach Niugini Construction
                                          Gara Modewa TRP (TP 10406)                                                                                                        8                 41,861.186              10,642,723.84
                     Total for Exporter: Reach Niugini Construction                                                                                                       8                  41,861.186             10,642,723.84
                     Per Cent of Grand Total                                                                                                                           1.1%                       1.4%                      1.0%
Total for Reach Niugini Construction                                                                                                                                     8                 41,861.186             10,642,723.84
Per Cent of Grand Total                                                                                                                                               1.1%                      1.4%                      1.0%
Rimbunan Hijau (PNG) Ltd
                     Niugini Lumber Merchants Ltd
                                          Andru Johana (LFA 21410)                                                                                                         17                 57,821.302              18,311,228.14
                                          Ania Kapiura Consolidated (11452)                   3                   10,028.848             2,586,446.74                       9                 46,073.921              13,100,276.11
                                          Asengseng Consolidated FMA (61401)                  1                    3,430.687               928,776.14                       7                 20,042.116               5,715,299.97

 12- 11                                                                                                                                                       Report Number 12:      Page 11 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

                                          Awio Amgen LFA (21409)                              1                    2,018.347                558,243.02                     14                 42,135.806              12,633,628.77
                     Total for Exporter: Niugini Lumber Merchants Ltd                       5                   15,477.882              4,073,465.90                     47                166,073.145              49,760,432.98
                     Per Cent of Grand Total                                             5.6%                        4.0%                      3.5%                    6.5%                      5.4%                       4.8%
                     Saban Enterprises Ltd
                                          Huhu (Ulabo) Forest Plantation (TA3-88)                                                                                           6                 36,717.620              12,549,164.33
                     Total for Exporter: Saban Enterprises Ltd                                                                                                            6                  36,717.620             12,549,164.33
                     Per Cent of Grand Total                                                                                                                           0.8%                       1.2%                      1.2%
                     Wawoi Guavi Timber Co Ltd
                                          Wawoi Guavi (10107)                                 4                   14,802.775             3,803,828.61                      16                 58,613.455              16,459,316.53
                     Total for Exporter: Wawoi Guavi Timber Co Ltd                          4                   14,802.775              3,803,828.61                     16                  58,613.455             16,459,316.53
                     Per Cent of Grand Total                                             4.4%                        3.8%                      3.3%                    2.2%                       1.9%                      1.6%
Total for Rimbunan Hijau (PNG) Ltd                                                         9                   30,280.657             7,877,294.51                       69              261,404.220              78,768,913.84
Per Cent of Grand Total                                                               10.0%                         7.9%                     6.8%                     9.6%                     8.5%                       7.6%
Samas Ltd
                     Samas Ltd
                                          Aitape Lumi Consolidated FMA (61003)                                                                                             16                119,061.420              50,984,137.50
                     Total for Exporter: Samas Ltd                                                                                                                       16                119,061.420              50,984,137.50
                     Per Cent of Grand Total                                                                                                                           2.2%                      3.9%                       4.9%
Total for Samas Ltd                                                                                                                                                      16              119,061.420              50,984,137.50
Per Cent of Grand Total                                                                                                                                               2.2%                     3.9%                       4.9%
Summit Agriculture Ltd
                     Summit Agriculture Ltd
                                          Angoram Intergrated (FCA 71104)                     4                    8,917.267             2,044,910.07                      12                 30,623.058               7,497,631.21
                                          Gweing Wagasu Agro-Forestry (FCA 71010)             1                    1,882.241               493,266.04                      12                 23,730.897               6,503,237.19
                                          Wewak/Turubu (FCA 71103)                            1                    2,000.600               442,196.88                      19                 59,862.293              15,036,513.71
                     Total for Exporter: Summit Agriculture Ltd                             6                   12,800.108              2,980,372.98                     43                114,216.248              29,037,382.11
                     Per Cent of Grand Total                                             6.7%                        3.3%                      2.6%                    6.0%                      3.7%                       2.8%
Total for Summit Agriculture Ltd                                                           6                   12,800.108             2,980,372.98                       43              114,216.248              29,037,382.11
Per Cent of Grand Total                                                                6.7%                         3.3%                     2.6%                     6.0%                     3.7%                       2.8%

 12- 12                                                                                                                                                       Report Number 12:      Page 12 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

Sunland Limited
                     Sunland Limited
                                          Idam-saiwi Inter Agri Proj (FCA 71009)                                                                                           15                 35,050.172              22,739,552.16
                     Total for Exporter: Sunland Limited                                                                                                                 15                  35,050.172             22,739,552.16
                     Per Cent of Grand Total                                                                                                                           2.1%                       1.1%                      2.2%
Total for Sunland Limited                                                                                                                                                15                35,050.172             22,739,552.16
Per Cent of Grand Total                                                                                                                                               2.1%                      1.1%                      2.2%
Tutuman Development Ltd
                     Maxland (PNG) Ltd
                                          Pohowa Agro_Forestry (FCA 71801)                                                                                                  1                   2,439.138                 612,990.74
                     Total for Exporter: Maxland (PNG) Ltd                                                                                                                1                   2,439.138                 612,990.74
                     Per Cent of Grand Total                                                                                                                           0.1%                       0.1%                       0.1%
                     Millionplus Corporation Ltd
                                          Konoagil Inter.Agri.Proj. (FCA 71603)               3                    4,319.413             1,105,452.25                      33                129,316.687              41,670,534.31
                     Total for Exporter: Millionplus Corporation Ltd                        3                     4,319.413             1,105,452.25                     33                129,316.687              41,670,534.31
                     Per Cent of Grand Total                                             3.3%                         1.1%                     1.0%                    4.6%                      4.2%                       4.0%
Total for Tutuman Development Ltd                                                          3                     4,319.413            1,105,452.25                       34              131,755.825              42,283,525.04
Per Cent of Grand Total                                                                3.3%                          1.1%                    1.0%                     4.7%                     4.3%                       4.1%
Uni Rise Ltd
                     Lawrence Wood Ltd
                                          Lolo Block 2 (21403)                                                                                                              3                 22,436.361                6,681,483.69
                     Total for Exporter: Lawrence Wood Ltd                                                                                                                3                  22,436.361               6,681,483.69
                     Per Cent of Grand Total                                                                                                                           0.4%                       0.7%                       0.6%
Total for Uni Rise Ltd                                                                                                                                                   3                 22,436.361               6,681,483.69
Per Cent of Grand Total                                                                                                                                               0.4%                      0.7%                       0.6%
Vanimo Jaya Ltd
                     Sentawan (PNG) Ltd
                                          DANFU Block 12,13,14,15&18 (11640)                  1                    8,467.273             2,028,051.73                       7                 36,557.184              10,632,713.27


 12- 13                                                                                                                                                       Report Number 12:      Page 13 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K

                     Total for Exporter: Sentawan (PNG) Ltd                                 1                     8,467.273             2,028,051.73                      7                  36,557.184             10,632,713.27
                     Per Cent of Grand Total                                             1.1%                         2.2%                     1.7%                    1.0%                       1.2%                      1.0%
                     Vanimo Jaya Ltd
                                          Makapa Timber Area (10109)                          1                   18,146.641             4,168,977.63                       9                 88,732.257              23,396,617.72
                     Total for Exporter: Vanimo Jaya Ltd                                    1                   18,146.641              4,168,977.63                      9                  88,732.257             23,396,617.72
                     Per Cent of Grand Total                                             1.1%                        4.7%                      3.6%                    1.3%                       2.9%                      2.3%
                     VJ Holdings Ltd
                                          Lolobau Kamarere WoodLot (TP14-86)                  1                       513.205                88,028.30                      3                  4,082.841                  741,995.25
                                          Ulamona consolidated TP (11443)                                                                                                   6                 14,919.643                4,390,751.77
                                          Ulewun Kamarere WoodLot (TP14-85)                                                                                                 8                 17,656.462                4,678,528.78
                     Total for Exporter: VJ Holdings Ltd                                    1                       513.205                 88,028.30                    17                  36,658.946               9,811,275.80
                     Per Cent of Grand Total                                             1.1%                         0.1%                      0.1%                   2.4%                       1.2%                       0.9%
Total for Vanimo Jaya Ltd                                                                  3                   27,127.119             6,285,057.67                       33              161,948.387              43,840,606.79
Per Cent of Grand Total                                                                3.3%                         7.0%                     5.4%                     4.6%                     5.3%                       4.2%
Viva Success Ltd
                     Viva Success Ltd
                                          Central New Ireland (11642)                         1                    3,530.592             1,084,568.03                       5                 12,176.302                3,849,695.51
                                          Central New Ireland LFA 16-01                       4                   19,927.045             6,873,991.76                       5                 20,694.804                7,048,865.64
                     Total for Exporter: Viva Success Ltd                                   5                   23,457.637              7,958,559.79                     10                  32,871.106             10,898,561.15
                     Per Cent of Grand Total                                             5.6%                        6.1%                      6.9%                    1.4%                       1.1%                      1.0%
Total for Viva Success Ltd                                                                 5                   23,457.637             7,958,559.79                       10                32,871.106             10,898,561.15
Per Cent of Grand Total                                                                5.6%                         6.1%                     6.9%                     1.4%                      1.1%                      1.0%
Woodbank Pacific Ltd
                     Woodbank Pacific Ltd
                                          Kumil TP (11222)                                    3                   25,519.272             8,880,589.49                       7                 56,017.101              18,771,114.14
                                          Vanimo Block 3,4 & 5 (TP 11011)                                                                                                   2                  3,836.069               1,259,673.87
                     Total for Exporter: Woodbank Pacific Ltd                               3                   25,519.272              8,880,589.49                      9                  59,853.170             20,030,788.01
                     Per Cent of Grand Total                                             3.3%                        6.6%                      7.6%                    1.3%                       2.0%                      1.9%
Total for Woodbank Pacific Ltd                                                             3                   25,519.272             8,880,589.49                       9                 59,853.170             20,030,788.01
Per Cent of Grand Total                                                                3.3%                         6.6%                     7.6%                     1.3%                      2.0%                      1.9%
 12- 14                                                                                                                                                       Report Number 12:      Page 14 of 15 pages

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Field163:
REPORT - Log Exports by Project Site (Volume and Value) for December - 2022, and Cumulative Year to Date (to 31-December-2022)                Continued
                                                                                      --------------------------- December / 2022 -------------------------       --------------------------- Year to Date -----------------------------
Co. Grouping         Exporter             SiteCode                                    No. Shipments Volume (m3)                             Value, K              No. Shipments Volume (m3)                                Value, K


Grand Total:                                                                                90             385,256.629##############                                   719          3,062,871.399
                                                                                                                                                                                              ################




 12- 15                                                                                                                                                       Report Number 12:      Page 15 of 15 pages

Page 83 screenshot
Log Exports (Volume and Kina Value) by Province for December/2022 and
Previous Periods
Report printed: 29/01/2023 3:01:19 pm


                                          -------------------------- Volume, m3 -------------------------------     ---------------------------- Value (Kina) ----------------------------
Province                                December/22                 Yr to Date                         2021       December/22                  Yr to Date                         2021
Central                                       2,100                     151,341                     203,186            481,202                 44,773,658                  59,872,342
East New Britain                            114,478                     649,027                     599,085         30,477,020                185,270,683                 174,271,011
East Sepik                                   17,440                     159,864                     160,035          4,294,531                 41,359,609                  43,392,087
Madang                                       36,489                      78,237                     108,400         11,305,187                 24,918,351                  38,136,750
Manus                                                                     2,439                       2,636                                       612,991                     836,382
Milne Bay                                                               120,635                      33,072                                    35,006,537                   8,094,967
Morobe                                        13,826                     80,944                     108,065          3,335,450                 21,654,974                  29,281,336
New Ireland                                   58,980                    442,796                     425,560         17,534,772                144,315,942                 131,790,352
Oro                                           27,149                    134,113                      62,164          6,965,978                 42,235,932                  20,080,813
West New Britain                              56,854                    637,853                     560,729         15,098,005                181,414,790                 157,005,104
West Sepik                                    20,655                    380,311                     339,150         17,765,091                256,683,187                 211,847,934
Western                                       37,284                    225,312                     184,542          8,922,294                 60,991,288                  50,642,746

Total                                      385,257                  3,062,871                   2,786,624         116,179,530            1,039,237,942                 925,251,826
Monthly mean                                385,257                     255,239                     232,219        116,179,530                 86,603,162                  77,104,319




 13- 1                                                                                                                                            Report Number 13:      Page 1 of 1 pages

Page 84 screenshot
Log Export Volumes and Prices by Destination, Grade
and Group, for December/2022
Report printed: 29/01/2023 3:01:29 pm



                                                                   Volume         FOB        Per Cent   Ave FOB
Destination                                   Log Grade    Group       m3          US$      by Volume    US$/m3

China
                                              Saw/Veneer
                                                             1     175,217     19,171,664       53.8%           109
                                                             2      10,278        708,809        3.2%            69
                                                             3      25,202      1,634,277        7.7%            65
                                                             4      45,112      2,697,940       13.9%            60
        Total/Mean for Saw/Veneer                                  255,810     24,212,689       78.6%            95
        Per Cent of Grand Total                                        68.1%       73.0%
                                   Plantation diam 60+ cm: regular
                                                        2                34        3,639         0.0%           107
        Total/Mean for Plantation diam 60+ cm: regular                   34        3,639         0.0%           107
        Per Cent of Grand Total                                        0.0%         0.0%
                                   Plantation diam 50 - 59 cm: small
                                                         2               21        2,153         0.0%           102
        Total/Mean for Plantation diam 50 - 59 cm: small                 21        2,153         0.0%           102
        Per Cent of Grand Total                                        0.0%         0.0%
                                   Plantation diam 40 - 49 cm: super small
                                                         2             25          2,474         0.0%           100
        Total/Mean for Plantation diam 40 - 49 cm: super               25          2,474         0.0%           100
        small
        Per Cent of Grand Total                                        0.0%         0.0%
                                   Plantation diam 30 - 39 cm: baby small
                                                         2             4             364         0.0%           92
        Total/Mean for Plantation diam 30 - 39 cm: baby                4             364         0.0%           92
        small
        Per Cent of Grand Total                                        0.0%         0.0%
                                              Low Grade
                                                             1       47,816     2,823,630       14.7%           59
                                                             2        3,917       206,761        1.2%           53
                                                             3        8,640       466,967        2.7%           54
                                                             4        9,300       499,111        2.9%           54



Report Number 14:         Page 1 of 3 pages                                                             14- 1

Page 85 screenshot
Field163:
REPORT - Log Export Volumes and Prices by Destination, Grade and Group, for December/2022 Continued


                                                                 Volume           FOB        Per Cent    Ave FOB
Destination                             Log Grade    Group           m3            US$      by Volume     US$/m3

      Total/Mean for Low Grade                                     69,673      3,996,469         21.4%            57
      Per Cent of Grand Total                                       18.6%          12.1%

Total/Mean for China                                            325,567      28,217,788       100.0%             87
Per Cent of Grand Total                                           86.7%           85.1%

India
                                        Saw/Veneer
                                                         1          6,000      1,560,031        100.0%           260
      Total/Mean for Saw/Veneer                                     6,000      1,560,031        100.0%           260
      Per Cent of Grand Total                                        1.6%            4.7%

Total/Mean for India                                               6,000      1,560,031       100.0%             260
Per Cent of Grand Total                                             1.6%           4.7%

Indonesia
                                 Plantation diam 40 - 49 cm: super small
                                                       2              3              337         34.1%           106
      Total/Mean for Plantation diam 40 - 49 cm: super                3              337         34.1%           106
      small
      Per Cent of Grand Total                                        0.0%            0.0%
                                 Plantation diam 30 - 39 cm: baby small
                                                       2             3               268         33.4%            86
      Total/Mean for Plantation diam 30 - 39 cm: baby                3               268         33.4%            86
      small
      Per Cent of Grand Total                                        0.0%            0.0%
                                 Plantation diam 20 - 29 cm: tiny small
                                                       2                3            141         32.4%            47
      Total/Mean for Plantation diam 20 - 29 cm: tiny                   3            141         32.4%            47
      small
      Per Cent of Grand Total                                        0.0%            0.0%

Total/Mean for Indonesia                                                9            746      100.0%             80
Per Cent of Grand Total                                             0.0%           0.0%

South Korea
                                        Saw/Veneer
                                                         1          6,210        555,291         71.4%            89
                                                         2            291         20,415          3.3%            70
                                                         3            859         56,673          9.9%            66
                                                         4            245         14,710          2.8%            60



Report Number 14:   Page 2 of 3 pages                                                                    14- 2

Page 86 screenshot
Field163:
REPORT - Log Export Volumes and Prices by Destination, Grade and Group, for December/2022 Continued


                                                                 Volume           FOB        Per Cent    Ave FOB
Destination                             Log Grade    Group           m3            US$      by Volume     US$/m3

      Total/Mean for Saw/Veneer                                     7,605        647,089         87.5%           85
      Per Cent of Grand Total                                        2.0%            2.0%
                                        Low Grade
                                                         1          1,078         59,290         12.4%           55
                                                         3             13            705          0.1%           55
      Total/Mean for Low Grade                                      1,091         59,995         12.5%           55
      Per Cent of Grand Total                                        0.3%            0.2%

Total/Mean for South Korea                                         8,696        707,084       100.0%             81
Per Cent of Grand Total                                             2.3%           2.1%

Taiwan
                                        Saw/Veneer
                                                         1          4,085        330,607         66.1%           81
                                                         2             93          6,498          1.5%           70
                                                         3            769         49,974         12.4%           65
                                                         4          1,234         74,061         20.0%           60
      Total/Mean for Saw/Veneer                                     6,181        461,140        100.0%           75
      Per Cent of Grand Total                                        1.6%            1.4%

Total/Mean for Taiwan                                              6,181        461,140       100.0%             75
Per Cent of Grand Total                                             1.6%           1.4%

Vietnam
                                        Saw/Veneer
                                                         1         15,024      1,268,957         51.7%           84
                                                         2          6,653        454,718         22.9%           68
                                                         3          6,232        408,522         21.5%           66
                                                         4          1,130         69,895          3.9%           62
      Total/Mean for Saw/Veneer                                    29,039      2,202,093        100.0%           76
      Per Cent of Grand Total                                        7.7%            6.6%

Total/Mean for Vietnam                                            29,039      2,202,093       100.0%             76
Per Cent of Grand Total                                             7.7%           6.6%

            Grand Total:                                         375,492     33,148,882                          88




Report Number 14:   Page 3 of 3 pages                                                                    14- 3

Page 87 screenshot
Log Export Volumes and Prices by Destination and
Grade for Group 1 Species, for December/2022
Report printed: 29/01/2023 3:01:40 pm



                                                                   Volume       FOB        Per Cent    Ave FOB
Destination                 Log Grade         Species                  m3        US$      by Volume     US$/m3

China
                           Saw/Veneer
                                          Kwila                     19,243    4,864,632        8.6%           253
                                          Terminalia                15,458    1,236,204        6.9%            80
                                          Taun                      52,393    5,227,847       23.5%           100
                                          Red Canarium               9,926      798,355        4.5%            80
                                          PNG Mersawa                4,338      380,252        1.9%            88
                                          Pencil Cedar              11,873    1,182,759        5.3%           100
                                          White Planchonella           561       44,906        0.3%            80
                                          Lophopetallum/Perupok        890       71,394        0.4%            80
                                          Red Planchonella             700       55,816        0.3%            80
                                          Hekakoro                      77        5,814        0.0%            76
                                          Grey Canarium              2,402      193,510        1.1%            81
                                          Erima                      6,015      474,880        2.7%            79
                                          Dillenia                   8,796      706,552        3.9%            80
                                          Calophyllum               24,765    2,485,020       11.1%           100
                                          Burckella                  3,925      322,807        1.8%            82
                                          Malas                      9,548      777,655        4.3%            81
                                          PNG Walnut                 4,308      343,262        1.9%            80
                           Total/Mean for Saw/Veneer               175,217   19,171,664       78.6%           109
                           Per Cent of Grand Total                  68.6%        74.4%
                           Low Grade
                                              Pencil Cedar           2,023     104,635         0.9%            52
                                              Terminalia             3,336     177,058         1.5%            53
                                              White Planchonella       460      24,855         0.2%            54
                                              Hekakoro                   7         362         0.0%            53
                                              Grey Canarium            496      25,923         0.2%            52
                                              Erima                  1,053      57,664         0.5%            55
                                              Dillenia                 902      47,883         0.4%            53
                                              Kwila                  1,668     341,155         0.7%           204
                                              Red Planchonella         130       6,922         0.1%            53
                                              Red Canarium           1,318      70,107         0.6%            53
                                              PNG Walnut             2,616     145,059         1.2%            55

Report Number 15:         Page 1 of 3 pages                                                           15- 1

Page 88 screenshot
Field163:
REPORT - Log Export Volumes and Prices by Destination and Grade for Group 1 Species, for December/2022     Continued


                                                                  Volume            FOB        Per Cent       Ave FOB
Destination          Log Grade          Species                       m3             US$      by Volume        US$/m3

                                    Taun                            25,546       1,378,643         11.5%                54
                                    Burckella                          469          24,928          0.2%                53
                                    Calophyllum                      3,152         168,996          1.4%                54
                                    Malas                            2,930         160,275          1.3%                55
                                    Lophopetallum/Perupok              327          17,359          0.1%                53
                                    PNG Mersawa                      1,383          71,805          0.6%                52
                     Total/Mean for Low Grade                       47,816       2,823,630         21.4%                59
                     Per Cent of Grand Total                         18.7%            11.0%

Total/Mean for China                                              223,032      21,995,294        100.0%                99
Per Cent of Grand Total                                             87.3%           85.4%

India
                     Saw/Veneer
                                    Kwila                             6,000      1,560,031        100.0%               260
                     Total/Mean for Saw/Veneer                        6,000      1,560,031        100.0%               260
                     Per Cent of Grand Total                           2.3%            6.1%

Total/Mean for India                                                 6,000      1,560,031        100.0%                260
Per Cent of Grand Total                                              2.3%             6.1%

South Korea
                     Saw/Veneer
                                    Malas                               315         25,226          4.3%                80
                                    Pencil Cedar                      1,470        146,987         20.2%               100
                                    Kwila                               166         42,352          2.3%               255
                                    Dillenia                          3,779        302,298         51.8%                80
                                    Burckella                           480         38,428          6.6%                80
                     Total/Mean for Saw/Veneer                        6,210        555,291         85.2%                89
                     Per Cent of Grand Total                           2.4%            2.2%
                     Low Grade
                                    Taun                                 49          2,670          0.7%                55
                                    Pencil Cedar                         35          1,910          0.5%                55
                                    Dillenia                            657         36,110          9.0%                55
                                    Burckella                            19          1,033          0.3%                55
                                    Malas                               319         17,568          4.4%                55
                     Total/Mean for Low Grade                         1,078         59,290         14.8%                55
                     Per Cent of Grand Total                           0.4%            0.2%

Total/Mean for South Korea                                           7,288        614,582        100.0%                84
Per Cent of Grand Total                                              2.9%             2.4%



Report Number 15:   Page 2 of 3 pages                                                                       15- 2

Page 89 screenshot
Field163:
REPORT - Log Export Volumes and Prices by Destination and Grade for Group 1 Species, for December/2022     Continued


                                                                  Volume            FOB        Per Cent       Ave FOB
Destination          Log Grade          Species                       m3             US$      by Volume        US$/m3

Taiwan
                     Saw/Veneer
                                    Pencil Cedar                        154         14,652          3.8%                95
                                    PNG Walnut                           45          3,612          1.1%                80
                                    Terminalia                          525         42,007         12.9%                80
                                    Malas                               561         44,851         13.7%                80
                                    Erima                             1,752        140,124         42.9%                80
                                    Dillenia                            783         62,607         19.2%                80
                                    Calophyllum                         101          9,595          2.5%                95
                                    Burckella                            89          7,156          2.2%                80
                                    Red Canarium                         75          6,001          1.8%                80
                     Total/Mean for Saw/Veneer                        4,085        330,607        100.0%                81
                     Per Cent of Grand Total                           1.6%            1.3%

Total/Mean for Taiwan                                                4,085        330,607        100.0%                81
Per Cent of Grand Total                                              1.6%             1.3%

Vietnam
                     Saw/Veneer
                                    Pencil Cedar                       316          26,821          2.1%                85
                                    Malas                            5,937         483,907         39.5%                82
                                    Dillenia                         3,568         281,655         23.8%                79
                                    Burckella                        1,236          99,774          8.2%                81
                                    Taun                             2,885         274,110         19.2%                95
                                    Calophyllum                      1,081         102,689          7.2%                95
                     Total/Mean for Saw/Veneer                      15,024       1,268,957        100.0%                84
                     Per Cent of Grand Total                           5.9%            4.9%

Total/Mean for Vietnam                                             15,024       1,268,957        100.0%                84
Per Cent of Grand Total                                              5.9%             4.9%

            Grand Total:                                          255,429      25,769,470                              101




Report Number 15:   Page 3 of 3 pages                                                                       15- 3

Page 90 screenshot
 Field2:
   Monthly Discrepancy Report for Shipments Exported
                 during December / 2022
Date printed: 29/01/2023 3:02:12 pm



The following is a list of discrepancies found as a result of detection of 'undeclared' logs in the export stacks
and also logs with mis-identified species, for each shipment of logs exported during the month. Each
discrepancy is evaluated for its economic impact in terms of revenue which would have been effectively lost to
Papua New Guinea had the discrepancy not been detected.

A) Discrepancies by Shipment
 SGS Reference Number :                    26803                              PNGFA Permit Number :        2210024
 Ship Name :                               Harmony Ocean                      Shipped Volume :             2018.347
 Exporting Company :                       Niugini Lumber Merchants Ltd       Export Date :                04/12/2022
 Project :                                 Awio Amgen LFA (21409)             Inspection Report Date :     23/01/2023

Discrepancy Type                                        ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                        Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Undeclared Logs noted at Loading                               38      18     91.19     5,203         305    11,940       3,582
Shipment Total                                                 38      18     91.19     5,203         305    11,940       3,582


 SGS Reference Number :                    26823                              PNGFA Permit Number :        2210135
 Ship Name :                               Oriental Hero                      Shipped Volume :             10695.451
 Exporting Company :                       Viva Success Ltd                   Export Date :                14/12/2022
 Project :                                 Central New Ireland LFA 16-01      Inspection Report Date :     20/12/2022

Discrepancy Type                                        ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                        Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Undeclared Logs noted at Loading                                2        1   100.00        324         17       718         215
Shipment Total                                                  2       1    100.00        324         17       718         215


 SGS Reference Number :                    26824                              PNGFA Permit Number :        2210134
 Ship Name :                               Oriental Hero                      Shipped Volume :             3530.592
 Exporting Company :                       Viva Success Ltd                   Export Date :                14/12/2022
 Project :                                 Central New Ireland (11642)        Inspection Report Date :     23/12/2022

Discrepancy Type                                        ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                        Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Misdeclaration of Species / Specie                              3        2    88.37
Misidentified
Shipment Total                                                  3         2   88.37




Report Number 16:      Page 1 of 5 pages                                                                              16- 1

Page 91 screenshot
 SGS Reference Number :                 26847                               PNGFA Permit Number :         2210018
 Ship Name :                            Run Fu 1                            Shipped Volume :              999.518
 Exporting Company :                    Woodbank Pacific Ltd                Export Date :                 07/12/2022
 Project :                              Kumil TP (11222)                    Inspection Report Date :      08/12/2022

Discrepancy Type                                       ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                       Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Misdeclaration of Species / Specie                             4        1   260.00
Misidentified
Shipment Total                                                 4       1    260.00


 SGS Reference Number :                 26885                               PNGFA Permit Number :         2211063
 Ship Name :                            Ocean Rosemary                      Shipped Volume :              5495.716
 Exporting Company :                    Niugini Lumber Merchants Ltd        Export Date :                 23/12/2022
 Project :                              Ania Kapiura Consolidated (11452)   Inspection Report Date :      18/01/2023

Discrepancy Type                                       ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                       Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Misdeclaration of Species / Specie                            14        4    71.54
Misidentified
Undeclared Logs noted at Loading                              2        1     60.00       167         19        490           147
Shipment Total                                               16        5     69.82       167         19        490           147


 SGS Reference Number :                 26894                               PNGFA Permit Number :         2211088
 Ship Name :                            Oriental Hero                       Shipped Volume :              3748.14
 Exporting Company :                    Viva Success Ltd                    Export Date :                 14/12/2022
 Project :                              Central New Ireland LFA 16-01       Inspection Report Date :      20/12/2022

Discrepancy Type                                       ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                       Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Undeclared Logs noted at Loading                               2        1   100.00        299         15       662         199
Shipment Total                                                 2       1    100.00        299         15       662         199


 SGS Reference Number :                 26913                               PNGFA Permit Number :         2211086
 Ship Name :                            Festival                            Shipped Volume :              1429.168
 Exporting Company :                    Global Elite Ltd                    Export Date :                 15/12/2022
 Project :                              Wammy Inter. Agro Forestry (FCA7    Inspection Report Date :      06/02/2023

Discrepancy Type                                       ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                       Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Undeclared Logs noted at Loading                               1        1   270.00        388          6       698         210
Shipment Total                                                 1       1    270.00        388          6       698         210


 SGS Reference Number :                 26914                           PNGFA Permit Number :             2211078
 Ship Name :                            Festival                        Shipped Volume :                  1047.107
 Exporting Company :                    Continental Alliance Ltd        Export Date :                     15/12/2022
 Project :                              Wagana Wagasu Agro Forestry (FC Inspection Report Date :          06/02/2023

Discrepancy Type                                       ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                       Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax

Report Number 16:   Page 2 of 5 pages                                                                                16- 2

Page 92 screenshot
Undeclared Logs noted at Loading                            43     18      60.00      2,988       340       8,753       2,626
Shipment Total                                              43     18      60.00      2,988       340       8,753       2,626


 SGS Reference Number :                 26915                           PNGFA Permit Number :            2211079
 Ship Name :                            Festival                        Shipped Volume :                 1040.771
 Exporting Company :                    Continental Alliance Ltd        Export Date :                    15/12/2022
 Project :                              Wagana Wagasu Agro Forestry (FC Inspection Report Date :         06/02/2023

Discrepancy Type                                      ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                      Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Undeclared Logs noted at Loading                              2        1    60.00        109         12       319           96
Shipment Total                                                2       1     60.00        109         12       319           96


 SGS Reference Number :                 26916                              PNGFA Permit Number :         2211083
 Ship Name :                            Festival                           Shipped Volume :              1726.467
 Exporting Company :                    Summit Agriculture Ltd             Export Date :                 15/12/2022
 Project :                              Angoram Intergrated (FCA 71104)    Inspection Report Date :      06/02/2023

Discrepancy Type                                      ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                      Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Undeclared Logs noted at preshipment                         13        8    60.00        942        107      2,759        828
Shipment Total                                               13       8     60.00        942        107      2,759        828


 SGS Reference Number :                 26917                              PNGFA Permit Number :         2211084
 Ship Name :                            Festival                           Shipped Volume :              2583.433
 Exporting Company :                    Summit Agriculture Ltd             Export Date :                 15/12/2022
 Project :                              Angoram Intergrated (FCA 71104)    Inspection Report Date :      06/02/2023

Discrepancy Type                                      ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                      Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Misdeclaration of Species / Specie                           24        9    79.61
Misidentified
Undeclared Logs noted at Loading                              2     1      90.00        232         14        535           161
Undeclared Logs noted at preshipment                          4     2      77.48        393         29        973           292
Shipment Total                                               29    12      79.96        625         43      1,508           453


 SGS Reference Number :                 26918                              PNGFA Permit Number :         2211081
 Ship Name :                            Festival                           Shipped Volume :              1882.241
 Exporting Company :                    Summit Agriculture Ltd             Export Date :                 15/12/2022
 Project :                              Gweing Wagasu Agro-Forestry (FC    Inspection Report Date :      06/02/2023

Discrepancy Type                                      ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                      Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Undeclared Logs noted at Loading                              2        1    60.00        112         13       329           99
Shipment Total                                                2       1     60.00        112         13       329           99




Report Number 16:   Page 3 of 5 pages                                                                               16- 3

Page 93 screenshot
 SGS Reference Number :                 26919                              PNGFA Permit Number :         2211080
 Ship Name :                            Festival                           Shipped Volume :              2000.6
 Exporting Company :                    Summit Agriculture Ltd             Export Date :                 15/12/2022
 Project :                              Wewak/Turubu (FCA 71103)           Inspection Report Date :      06/02/2023

Discrepancy Type                                      ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                      Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Misdeclaration of Species / Specie                           12        5    88.31
Misidentified
Undeclared Logs noted at Loading                            31     10      60.00      2,204       251       6,457       1,937
Undeclared Logs noted at preshipment                         4      3      86.42        526        33       1,236         371
Shipment Total                                              47     18      69.39      2,730       284       7,693       2,308


 SGS Reference Number :                 26920                              PNGFA Permit Number :         2211085
 Ship Name :                            Festival                           Shipped Volume :              2417.785
 Exporting Company :                    Summit Agriculture Ltd             Export Date :                 15/12/2022
 Project :                              Angoram Intergrated (FCA 71104)    Inspection Report Date :      06/02/2023

Discrepancy Type                                      ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                      Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Undeclared Logs noted at preshipment                         14        8    60.00     1,003         114      2,938        882
Shipment Total                                               14       8     60.00     1,003         114      2,938        882


 SGS Reference Number :                 26921                              PNGFA Permit Number :         2211082
 Ship Name :                            Festival                           Shipped Volume :              2189.582
 Exporting Company :                    Summit Agriculture Ltd             Export Date :                 15/12/2022
 Project :                              Angoram Intergrated (FCA 71104)    Inspection Report Date :      06/02/2023

Discrepancy Type                                      ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                      Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Misdeclaration of Species / Specie                            9        4    85.90
Misidentified
Undeclared Logs noted at preshipment                        10      5     106.20      1,732         82      3,752       1,126
Shipment Total                                              20      9      96.59      1,732         82      3,752       1,126


 SGS Reference Number :                 26924                           PNGFA Permit Number :            2211077
 Ship Name :                            Festival                        Shipped Volume :                 1122.826
 Exporting Company :                    Continental Alliance Ltd        Export Date :                    15/12/2022
 Project :                              Wagana Wagasu Agro Forestry (FC Inspection Report Date :         06/02/2023

Discrepancy Type                                      ---- Discrepant---- Avg Price   ----------- Value to PNG (K) ------------
                                                      Volume Pieces (USD FOB)         Duty        Levy      Forex    Co. Tax
Undeclared Logs noted at preshipment                          8        3    76.34        853         65      2,129        639
Shipment Total                                                8       3     76.34        853         65      2,129        639




Report Number 16:   Page 4 of 5 pages                                                                               16- 4

Page 94 screenshot
 SGS Reference Number :                 26926                                   PNGFA Permit Number :           2211101
 Ship Name :                            Worship Light                           Shipped Volume :                10969.562
 Exporting Company :                    Golden Rise Investment Ltd              Export Date :                   23/12/2022
 Project :                              Raicoast TP (11218)                     Inspection Report Date :        23/01/2023

Discrepancy Type                                     ---- Discrepant---- Avg Price         ----------- Value to PNG (K) ------------
                                                     Volume Pieces (USD FOB)               Duty        Levy      Forex    Co. Tax
Misdeclaration of Species / Specie                           5        2   194.56
Misidentified
Undeclared Logs noted at Loading                            7             1     250.00      3,429         58         6,221        1,866
Undeclared Logs noted at preshipment                      101            26      91.72     13,923        810        31,873        9,562
Shipment Total                                            113            29     106.12     17,352        868        38,094       11,428


 SGS Reference Number :                 26949                                   PNGFA Permit Number :           2212013
 Ship Name :                            Microstep                               Shipped Volume :                4011.84
 Exporting Company :                    Niugini Lumber Merchants Ltd            Export Date :                   29/12/2022
 Project :                              Ania Kapiura Consolidated (11452)       Inspection Report Date :        18/01/2023

Discrepancy Type                                     ---- Discrepant---- Avg Price         ----------- Value to PNG (K) ------------
                                                     Volume Pieces (USD FOB)               Duty        Levy      Forex    Co. Tax
Undeclared Logs noted at Loading                             9        6    63.82              682         70      1,906        572
Shipment Total                                               9       6     63.82              682         70      1,906        572


Total Number of Discrepancies =                                     73
Total Number of Shipments with Discrepancies =                      18



B) Summary by Discrepancy Type

Discrepancy Type                                        -- Discrepant --       Avg Price      -------- Value to PNG (K'000) --------
                                                        Volume Pieces (USD) FOB              Duty        Levy        Forex      Co. Tax
Misdeclaration of Species / Specie                            70         27      99.08
Misidentified
Undeclared Logs noted at Loading                              140        60      81.23           16            1         39           12
Undeclared Logs noted at preshipment                          155        55      85.74           19            1         46           14

Month Total                                                   365        142     86.57              36          2        85           25




Report Number 16:   Page 5 of 5 pages                                                                                         16- 5

Page 95 screenshot
                                      Shipment Duty Calculation Comparison Summary for December / 2022
Date printed: 29/01/2023 8:40:02 am

Co. Grouping /                        SGS Ref PNGFA         Date    Volume Exported (m3)          FOB Value (Kina)                 FOB Value (USD)                     Levy (Kina)             Duty Payable (K)                     Difference
                                                                                                                                                                                                                  Duty
Exporter
                                      Number    Permit     Exported Invoice SGS Diff.        Invoice    SGS     Difference     Invoice  SGS     Difference     SGS         Paid    Diff.        Invoice    SGS Paid (K)             SGS-Paid


 Co. Grouping:            Active Forest Limited
Active Forest Limited                 26941 221200         09/12/2022 2,100   2,100            481,202      481,202          140,270      140,270             16,800       16,800               209,805     209,805     209,805

                                Totals for 1 Shipments                2,100    2,100         481,202       481,202            140,270       140,270           16,800       16,800                 209,805    209,805     209,805


Totals for Active Forest Limited, 1 Shipments                         2,100    2,100         481,202       481,202            140,270       140,270           16,800        16,800                209,805    209,805     209,805


 Co. Grouping:            Amanab 56 Timber Investments Ltd
Amanab 56 Timber Investments          26761 220903         03/12/2022 6,000   6,000          5,351,737 5,351,737         1,560,031       1,560,031            48,001       48,001              2,812,214 2,812,214 2,812,214
Ltd
                                      26938 221113         26/12/2022 6,593   6,593          5,653,983 5,653,983         1,648,136       1,648,136            52,740       52,740              2,956,807 2,956,807 2,956,807
                                      26962 221204         31/12/2022 8,063   8,063          6,759,372 6,759,372         1,970,357       1,970,357            64,502       64,502              3,524,701 3,524,701 3,524,701

                                Totals for 3 Shipments               20,655   20,655       17,765,091    17,765,091          5,178,524    5,178,524          165,244      165,244               9,293,722   9,293,722   9,293,722


Totals for Amanab 56 Timber Investments Ltd, 3 Shipments             20,655   20,655       17,765,091    17,765,091          5,178,524    5,178,524          165,244       165,244              9,293,722   9,293,722   9,293,722


 Co. Grouping:            Cakara Alam (PNG) Ltd
Cakara Alam (PNG) Ltd                 26813 221008         26/12/2022 4,399   4,399          1,189,713 1,189,713             346,801      346,801             35,193       35,193               528,402     528,402     528,402
                                      26866 221102         14/12/2022 4,140   4,140            781,105      781,105          227,692      227,692             33,119       33,119               195,276     195,276     195,276
                                      26867 221103         18/12/2022 2,000   2,000            542,685      542,685          158,193      158,193             16,003       16,000          2    241,110     241,107     241,110             (4)
                                      26870 221103         12/12/2022 2,114   2,114            580,162      580,162          169,117      169,117             16,912       16,912               258,056     258,056     258,056
                                      26911 221109         02/12/2022 1,357   1,357            400,542      400,542          116,758      116,758             10,858       10,858               179,410     179,410     179,410
                                      26934 221113         02/12/2022 2,751   2,751            519,054      519,054          151,304      151,304             22,008       22,008               129,763     129,763     129,763
                                      26942 221113         12/12/2022 1,091   1,091            205,815      205,815           59,995       59,995              8,727         8,727               51,454      51,454      51,454


 17- 1                                                                                                                                                                                Report Number 17:         Page 1 of 8 pages

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Report: Shipment Duty Calculation Comparison Summary for December / 2022                             Continued

Co. Grouping /                         SGS Ref PNGFA          Date       Volume Exported (m3)         FOB Value (Kina)                FOB Value (USD)               Levy (Kina)            Duty Payable (K)                     Difference
                                                                                                                                                                                                                Duty
Exporter
                                       Number      Permit   Exported Invoice      SGS Diff.      Invoice    SGS     Difference     Invoice SGS    Difference     SGS      Paid Diff.        Invoice      SGS Paid (K)           SGS-Paid

Cakara Alam (PNG) Ltd                  26957 221110         19/12/2022 9,368      9,368         3,045,181 3,045,181              898,329     898,329            74,942    74,943           1,469,178 1,393,442 1,469,178         (75,736)

                                Totals for 8 Shipments                   27,220   27,220        7,264,258    7,264,258           2,128,189   2,128,189         217,760   217,758       2    3,052,650   2,976,910   3,052,650      (75,740)


Totals for Cakara Alam (PNG) Ltd, 8 Shipments                            27,220   27,220        7,264,258    7,264,258           2,128,189   2,128,189         217,760   217,758       2    3,052,650   2,976,910   3,052,650      (75,740)


 Co. Grouping:             Canopus No. 16 Ltd
Canopus No. 16 Ltd                     26827 221015         04/12/2022 4,335      4,335           949,488      949,488           276,776     276,776            34,680    34,680            305,385     303,685     305,385        (1,700)

                                Totals for 1 Shipments                    4,335    4,335         949,488      949,488             276,776     276,776           34,680    34,680              305,385    303,685     305,385        (1,700)


Totals for Canopus No. 16 Ltd, 1 Shipments                                4,335    4,335         949,488      949,488             276,776     276,776           34,680    34,680              305,385    303,685     305,385        (1,700)


 Co. Grouping:             Continental Alliance Ltd
Continental Alliance Ltd               26914 221107         15/12/2022 1,047      1,047           335,030      335,030            97,661      97,661             8,377     8,377            132,695     132,695     132,695
                                       26915 221107         15/12/2022 1,041      1,041           235,561      235,561            68,666      68,666             8,326     8,326             74,907      74,907      74,907
                                       26924 221107         15/12/2022 1,123      1,123           335,232      335,232            97,720      97,720             8,983     8,983            128,379     128,379     128,379

                                Totals for 3 Shipments                    3,211    3,211         905,823      905,823             264,047     264,047           25,686    25,686              335,981    335,981     335,981


Totals for Continental Alliance Ltd, 3 Shipments                          3,211    3,211         905,823      905,823             264,047     264,047           25,686    25,686              335,981    335,981     335,981


 Co. Grouping:             CS Boss International Ltd
Stettin Bay Lumber Co. Ltd             26901 221105         14/12/2022      84       84             29,603       29,603            8,629       8,629                 0        0                    0           0           0
                                       26902 221107         14/12/2022     525      525             90,135       90,135           26,274      26,274             4,204     4,204             22,534      22,534      22,534
                                       26903 221105         14/12/2022 2,477      2,477           718,013      718,013           209,301     209,301            19,816    19,816            312,359     312,359     312,359
                                       26904 221105         14/12/2022 6,000      6,000         1,656,518 1,656,518              482,875     482,875            48,001    48,001            700,642     700,643     700,642
                                       26953 221201         24/12/2022 3,460      3,460           989,781      989,781           288,521     288,521            27,677    27,677            442,048     426,975     442,048      (15,073)
                                       26954 221202         24/12/2022 1,097      1,097           188,203      188,203            54,861      54,861             8,778     8,778             47,051      47,051      47,051

                                Totals for 6 Shipments                   13,643   13,643        3,672,253    3,672,253           1,070,462   1,070,462         108,476   108,476            1,524,634   1,509,561   1,524,634      (15,073)


Totals for CS Boss International Ltd, 6 Shipments                        13,643   13,643        3,672,253    3,672,253           1,070,462   1,070,462         108,476   108,476            1,524,634   1,509,561   1,524,634      (15,073)


 17- 2                                                                                                                                                                             Report Number 17:        Page 2 of 8 pages

Page 97 screenshot
Report: Shipment Duty Calculation Comparison Summary for December / 2022                           Continued

Co. Grouping /                         SGS Ref PNGFA        Date       Volume Exported (m3)         FOB Value (Kina)                FOB Value (USD)               Levy (Kina)          Duty Payable (K)                      Difference
                                                                                                                                                                                                             Duty
Exporter
                                       Number    Permit   Exported Invoice      SGS Diff.      Invoice    SGS     Difference     Invoice SGS    Difference     SGS      Paid Diff.      Invoice       SGS Paid (K)           SGS-Paid


 Co. Grouping:             Global Elite Ltd
Global Elite Ltd                       26913 221108       15/12/2022 1,429       1,429          408,335     408,335            119,030     119,030            11,433    11,433          152,284      152,284     152,284

                                 Totals for 1 Shipments                 1,429    1,429         408,335     408,335              119,030     119,030           11,433    11,433            152,284     152,284     152,284


Totals for Global Elite Ltd, 1 Shipments                                1,429    1,429         408,335     408,335              119,030     119,030           11,433    11,433            152,284     152,284     152,284


 Co. Grouping:             Golden Rise Investment Ltd
Golden Rise Investment Ltd             26926 221110       23/12/2022 10,970     10,970        2,424,597 2,424,597              706,770     706,770            87,756    87,757          850,110      825,680     850,110      (24,430)

                                 Totals for 1 Shipments                10,970   10,970        2,424,597   2,424,597             706,770     706,770           87,756    87,757            850,110     825,680     850,110       (24,430)


Totals for Golden Rise Investment Ltd, 1 Shipments                     10,970   10,970        2,424,597   2,424,597             706,770     706,770           87,756    87,757            850,110     825,680     850,110       (24,430)


 Co. Grouping:             Green Point Limited
Green Point Limited                    26844 221021       08/12/2022 4,927       4,927        1,469,527 1,469,527              428,367     428,367            39,413    39,413          691,134      691,134     691,134
                                       26846 221021       04/12/2022 10,584     10,584        3,189,979 3,189,979              929,879     929,879            84,675    84,675         1,509,614 1,509,614 1,509,614
                                       26891 221105       16/12/2022 10,937     10,937        3,396,099 3,396,099              989,963     989,963            87,500    87,500         1,628,738 1,628,738 1,628,738

                                 Totals for 3 Shipments                26,448   26,448        8,055,605   8,055,605            2,348,209   2,348,209         211,588   211,588          3,829,486    3,829,486   3,829,486


Totals for Green Point Limited, 3 Shipments                            26,448   26,448        8,055,605   8,055,605            2,348,209   2,348,209         211,588   211,588          3,829,486    3,829,486   3,829,486


 Co. Grouping:             Joinland Management (PNG) Ltd
Joinland Management (PNG) Ltd 26841 221021                13/12/2022 8,557       8,557        2,381,114 2,381,114              694,095     694,095            68,453    68,453       1 1,060,580 1,050,605 1,060,580            (9,975)
                                       26860 221101       10/12/2022     554      554           123,597     123,597             36,028      36,028             4,434     4,434           53,707       53,707      53,707
                                       26861 221101       05/12/2022 1,674       1,674          434,478     434,478            126,650     126,650            13,393    13,393          190,141      190,141     190,141
                                       26880 221103       09/12/2022 3,173       3,173          799,999     799,999            233,200     233,200            25,383    25,383          332,979      332,979     332,979
                                       26899 221109       16/12/2022 2,000       2,000          640,251     640,251            186,633     186,633            15,998    15,998          290,812      277,140     290,812      (13,673)
                                       26922 221109       05/12/2022 2,533       2,533          858,048     858,048            250,121     250,121            20,265    20,265          388,907      388,907     388,907
                                       26923 221109       12/12/2022 2,956       2,956          892,814     892,814            260,255     260,255            23,645    23,645          420,091      397,997     420,091      (22,094)
                                       26963 221203       29/12/2022     419      419           105,123     105,123             30,643      30,643             3,355     3,355           42,482       42,482      42,482


 17- 3                                                                                                                                                                           Report Number 17:       Page 3 of 8 pages

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Report: Shipment Duty Calculation Comparison Summary for December / 2022                          Continued

Co. Grouping /                       SGS Ref PNGFA        Date       Volume Exported (m3)          FOB Value (Kina)                FOB Value (USD)               Levy (Kina)            Duty Payable (K)                     Difference
                                                                                                                                                                                                             Duty
Exporter
                                     Number    Permit   Exported Invoice      SGS Diff.       Invoice    SGS     Difference     Invoice SGS    Difference     SGS      Paid Diff.       Invoice       SGS Paid (K)           SGS-Paid

Joinland Management (PNG) Ltd 26973 221204              30/12/2022     870      870             207,285      207,285           60,424      60,424             6,958     6,958             88,814      88,814      88,814

                               Totals for 9 Shipments                22,736   22,736         6,442,708     6,442,708          1,878,049   1,878,049         181,884   181,884       1    2,868,513   2,822,773   2,868,513      (45,741)


Totals for Joinland Management (PNG) Ltd, 9 Shipments                22,736   22,736         6,442,708     6,442,708          1,878,049   1,878,049         181,884   181,884       1    2,868,513   2,822,773   2,868,513      (45,741)


 Co. Grouping:            KK Connections Ltd
KK Connections Ltd                   26888 221107       11/12/2022 2,175      2,175             525,297      525,297          152,861     152,861            17,404    17,404            230,019     229,292     230,019          (727)
                                     26889 221106       11/12/2022 2,350      2,350             618,438      618,438          180,275     180,275            18,796    18,796            273,908     270,366     273,908        (3,542)
                                     26890 221107       11/12/2022     721      721             179,515      179,515           52,329      52,329             5,767     5,767             79,034      78,319      79,034          (715)
                                     26925 221110       03/12/2022 9,422      9,422           2,487,061 2,487,061             724,978     724,978            75,379    75,377       2 1,095,454 1,017,601 1,095,454           (77,853)
                                     26930 221111       13/12/2022 5,787      5,787           1,382,891 1,382,891             403,113     403,113            46,294    46,294            512,625     512,625     512,625
                                     26952 221202       21/12/2022 2,250      2,250             624,358      624,358          182,000     182,000            18,000    18,000            270,745     270,745     270,745
                                     26955 221202       22/12/2022 2,252      2,252             522,736      522,736          152,377     152,377            18,015    18,015            221,084     221,084     221,084
                                     26965 221205       27/12/2022 7,656      7,656           2,007,921 2,007,921             585,309     585,309            61,245    61,245            817,017     817,017     817,017
                                     26966 221205       23/12/2022 8,656      8,656           2,118,892 2,118,892             617,657     617,657            69,247    69,247            807,560     807,560     807,560

                               Totals for 9 Shipments                41,268   41,268        10,467,109    10,467,109          3,050,900   3,050,900         330,147   330,145       2    4,307,446   4,224,609   4,307,446      (82,837)


Totals for KK Connections Ltd, 9 Shipments                           41,268   41,268        10,467,109    10,467,109          3,050,900   3,050,900         330,147   330,145       2    4,307,446   4,224,609   4,307,446      (82,837)


 Co. Grouping:            Lucky 99 (PNG) Ltd
Lucky 99 (PNG) Ltd                   26905 221106       12/12/2022 4,359      4,359           1,327,402 1,327,402             386,938     386,938            34,874    34,874            597,330     597,182     597,330          (149)

                               Totals for 1 Shipments                 4,359    4,359         1,327,402     1,327,402           386,938     386,938           34,874    34,874             597,330     597,182     597,330          (149)


Lucky Logging Limited                26852 221102       12/12/2022 4,061      4,061             823,608      823,608          240,082     240,082            32,491    32,491            277,685     277,397     277,685          (289)

                               Totals for 1 Shipments                 4,061    4,061          823,608       823,608            240,082     240,082           32,491    32,491             277,685     277,397     277,685          (289)


Totals for Lucky 99 (PNG) Ltd, 2 Shipments                            8,421    8,421         2,151,010     2,151,010           627,019     627,019           67,366    67,366             875,015     874,578     875,015          (437)


 Co. Grouping:            Lucky Logging Limited
Wasu Resource Ltd                    26907 221102       13/12/2022 5,406      5,406           1,184,440 1,184,440             345,264     345,264            43,246    43,246            440,186     418,414     440,186      (21,772)

 17- 4                                                                                                                                                                          Report Number 17:        Page 4 of 8 pages

Page 99 screenshot
Report: Shipment Duty Calculation Comparison Summary for December / 2022                          Continued

Co. Grouping /                       SGS Ref PNGFA         Date       Volume Exported (m3)         FOB Value (Kina)                FOB Value (USD)               Levy (Kina)              Duty Payable (K)                     Difference
                                                                                                                                                                                                               Duty
Exporter
                                     Number     Permit   Exported Invoice      SGS Diff.      Invoice    SGS     Difference     Invoice SGS    Difference     SGS      Paid Diff.         Invoice       SGS Paid (K)           SGS-Paid


                               Totals for 1 Shipments                  5,406    5,406        1,184,440    1,184,440            345,264     345,264           43,246    43,246               440,186     418,414     440,186       (21,772)


Totals for Lucky Logging Limited, 1 Shipments                          5,406    5,406        1,184,440    1,184,440            345,264     345,264           43,246    43,246               440,186     418,414     440,186       (21,772)


 Co. Grouping:           Musa Century Limited
Musa Century Limited                 26893 221106        02/12/2022 5,365       5,365        1,335,663 1,335,663              389,346     389,346            42,922    42,922              523,847     522,069     523,847        (1,778)
                                     26933 221109        02/12/2022 3,133       3,133          537,351      537,351           156,638     156,638            25,062    25,062              134,338     134,338     134,338
                                     26950 221202        21/12/2022 7,851       7,851        2,187,978 2,187,978              637,795     637,795            62,811    62,811              875,195     875,148     875,195           (47)
                                     26951 221202        21/12/2022 1,985       1,985          340,409      340,409            99,229      99,229            15,877    15,877               85,102      85,102      85,102

                               Totals for 4 Shipments                 18,334   18,334        4,401,401    4,401,401           1,283,008   1,283,008         146,672   146,672              1,618,482   1,616,657   1,618,482       (1,825)


Totals for Musa Century Limited, 4 Shipments                          18,334   18,334        4,401,401    4,401,401           1,283,008   1,283,008         146,672   146,672              1,618,482   1,616,657   1,618,482       (1,825)


 Co. Grouping:           Open Bay Timber Ltd
Open Bay Timber Ltd                  26796 221001        01/12/2022       9        9              2,558        2,558              746         746                 0        0                      0           0           0

                               Totals for 1 Shipments                     9         9           2,558         2,558                746         746               0         0                      0           0           0


Totals for Open Bay Timber Ltd, 1 Shipments                               9         9           2,558         2,558                746         746                0         0                     0           0            0


 Co. Grouping:           Oro Wood Industry Ltd
Oro Wood Industry Ltd                26909 221109        11/12/2022 4,575       4,575        1,332,881 1,332,881              388,535     388,535            36,599    36,601       (2)    587,731     587,736     587,731              5
                                     26985 221206        31/12/2022 4,240       4,240        1,231,696 1,231,696              359,039     359,039            33,921    33,921              535,016     535,015     535,016             (1)

                               Totals for 2 Shipments                  8,815    8,815        2,564,577    2,564,577            747,574     747,574           70,519    70,522       (2)    1,122,747   1,122,751   1,122,747            4


Totals for Oro Wood Industry Ltd, 2 Shipments                          8,815    8,815        2,564,577    2,564,577            747,574     747,574           70,519    70,522       (2)    1,122,747   1,122,751   1,122,747            4


 Co. Grouping:           Pacific Region Development Ltd
Pacific Region Development Ltd       26859 221101        22/12/2022 10,348     10,348        2,257,983 2,257,983              658,202     658,202            82,788    82,788              819,666     723,288     819,666      (96,378)
                                     26862 221101        22/12/2022 2,673       2,673          687,802      687,802           200,494     200,494            21,388    21,388              274,143     265,345     274,143        (8,798)


 17- 5                                                                                                                                                                          Report Number 17:          Page 5 of 8 pages

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Report: Shipment Duty Calculation Comparison Summary for December / 2022                           Continued

Co. Grouping /                       SGS Ref PNGFA         Date       Volume Exported (m3)          FOB Value (Kina)                FOB Value (USD)               Levy (Kina)         Duty Payable (K)                       Difference
                                                                                                                                                                                                             Duty
Exporter
                                     Number    Permit    Exported Invoice      SGS Diff.       Invoice    SGS     Difference     Invoice SGS    Difference     SGS      Paid Diff.     Invoice        SGS Paid (K)           SGS-Paid

Pacific Region Development Ltd       26863 221101        07/12/2022     328      328              85,298        85,298          24,864       24,864            2,621     2,621           37,735       37,735      37,735
                                     26864 221101        07/12/2022 1,679       1,679            389,505      389,505          113,541      113,541           13,434    13,434         170,077       170,077     170,077
                                     26892 221106        19/12/2022 13,783     13,783          4,036,031 4,036,031         1,176,503       1,176,503         110,264   110,264        1,809,705 1,726,198 1,809,705           (83,507)
                                     26898 221108        29/12/2022 17,940     17,940          4,495,129 4,495,129         1,310,330       1,310,330         143,522   143,522        1,725,814 1,667,604 1,725,814           (58,210)

                               Totals for 6 Shipments                 46,752   46,752        11,951,748    11,951,748          3,483,934    3,483,934        374,016   374,017         4,837,140     4,590,248   4,837,140     (246,892)


Totals for Pacific Region Development Ltd, 6 Shipments                46,752   46,752        11,951,748    11,951,748          3,483,934    3,483,934        374,016   374,017         4,837,140     4,590,248   4,837,140     (246,892)


 Co. Grouping:            Rimbunan Hijau (PNG) Ltd
Niugini Lumber Merchants Ltd         26802 221002        04/12/2022 3,431       3,431            928,776      928,776          270,738      270,738           27,445    27,446         412,552       405,812     412,552        (6,740)
                                     26803 221002        04/12/2022 2,018       2,018            558,243      558,243          162,728      162,728           16,147    16,147         238,141       238,141     238,141
                                     26885 221106        23/12/2022 5,496       5,496          1,433,850 1,433,850             417,967      417,967           43,966    43,966         634,465       579,255     634,465      (55,210)
                                     26897 221109        23/12/2022     521      521              89,415        89,415          26,065       26,065            4,170     4,170           22,354       22,354      22,354
                                     26949 221201        29/12/2022 4,012       4,012          1,063,182 1,063,182             309,917      309,917           32,095    32,095         471,219       438,458     471,219      (32,761)

                               Totals for 5 Shipments                 15,478   15,478         4,073,466     4,073,466          1,187,415    1,187,415        123,823   123,823         1,778,732     1,684,020   1,778,732      (94,712)


Wawoi Guavi Timber Co Ltd            26835 221021        02/12/2022 7,552       7,552          1,969,337 1,969,337             574,062      574,062           60,419    60,419         903,714       790,387     903,714 (113,327)
                                     26837 221022        02/12/2022     254      254              43,524        43,524          12,687       12,687            2,030     2,030           10,881       10,881      10,881
                                     26910 221109        15/12/2022 6,280       6,280          1,668,120 1,668,120             486,257      486,257           50,243    50,243         696,929       685,312     696,929      (11,617)
                                     26939 221113        15/12/2022     716      716             122,848      122,848           35,810       35,810            5,730     5,730           30,712       30,712      30,712

                               Totals for 4 Shipments                 14,803   14,803         3,803,829     3,803,829          1,108,816    1,108,816        118,422   118,422         1,642,235     1,517,291   1,642,235     (124,944)


Totals for Rimbunan Hijau (PNG) Ltd, 9 Shipments                      30,281   30,281         7,877,295     7,877,295          2,296,231    2,296,231        242,245   242,246         3,420,967     3,201,311   3,420,967     (219,655)


 Co. Grouping:            Summit Agriculture Ltd
Summit Agriculture Ltd               26916 221108        15/12/2022 1,726       1,726            383,765      383,765          111,868      111,868           13,812    13,812         118,191       118,191     118,191
                                     26917 221108        15/12/2022 2,583       2,583            568,969      568,969          165,855      165,855           20,667    20,667         172,433       172,433     172,433
                                     26918 221108        15/12/2022 1,882       1,882            493,266      493,266          143,787      143,787           15,058    15,058         174,553       174,553     174,553
                                     26919 221108        15/12/2022 2,001       2,001            442,197      442,197          128,900      128,900           16,005    16,005         132,984       132,984     132,984
                                     26920 221108        15/12/2022 2,418       2,418            612,278      612,278          178,479      178,479           19,342    19,342         211,090       211,090     211,090


 17- 6                                                                                                                                                                           Report Number 17:       Page 6 of 8 pages

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Report: Shipment Duty Calculation Comparison Summary for December / 2022                           Continued

Co. Grouping /                        SGS Ref PNGFA         Date       Volume Exported (m3)         FOB Value (Kina)                  FOB Value (USD)                  Levy (Kina)         Duty Payable (K)                       Difference
                                                                                                                                                                                                                  Duty
Exporter
                                      Number     Permit   Exported Invoice      SGS Diff.      Invoice    SGS     Difference       Invoice SGS    Difference        SGS      Paid Diff.     Invoice        SGS Paid (K)           SGS-Paid

Summit Agriculture Ltd                26921 221108        15/12/2022 2,190       2,190          479,897      479,897             139,890      139,890              17,517    17,517         143,810       143,810     143,810

                                Totals for 6 Shipments                 12,800   12,800        2,980,373    2,980,373               868,779      868,779           102,401   102,401           953,061      953,061     953,061


Totals for Summit Agriculture Ltd, 6 Shipments                         12,800   12,800        2,980,373    2,980,373               868,779      868,779           102,401   102,401           953,061      953,061     953,061


 Co. Grouping:            Tutuman Development Ltd
Millionplus Corporation Ltd           26881 221103        09/12/2022 3,008       3,008          781,957      781,957             227,940      227,940              24,063    24,063         345,877       319,865     345,877      (26,012)
                                      26900 221109        16/12/2022     900      900           223,911      222,968    (942)     65,270       64,995     (275)     7,198     7,198           98,571       80,819      98,571      (17,752)
                                      26971 221205        29/12/2022     412      412           100,527      100,527              29,304       29,304               3,294     3,294           41,143       41,143      41,143

                                Totals for 3 Shipments                  4,319    4,319        1,106,395    1,105,452    (942)      322,514      322,239   (275)    34,555    34,555           485,591      441,827     485,591       (43,764)


Totals for Tutuman Development Ltd, 3 Shipments                         4,319    4,319        1,106,395    1,105,452    (942)      322,514      322,239   (275)    34,555    34,555           485,591      441,827     485,591       (43,764)


 Co. Grouping:            Vanimo Jaya Ltd
Sentawan (PNG) Ltd                    26908 221108        11/12/2022 8,467       8,467        2,028,052 2,028,052                591,177      591,177              67,738    67,738         766,538       735,264     766,538      (31,274)

                                Totals for 1 Shipments                  8,467    8,467        2,028,052    2,028,052               591,177      591,177            67,738    67,738           766,538      735,264     766,538       (31,274)


Vanimo Jaya Ltd                       26839 221022        03/12/2022 18,147     18,147        4,168,978 4,168,978               1,215,257    1,215,257            145,173   145,173        1,513,001 1,513,001 1,513,001

                                Totals for 1 Shipments                 18,147   18,147        4,168,978    4,168,978             1,215,257    1,215,257           145,173   145,173         1,513,001     1,513,001   1,513,001


VJ Holdings Ltd                       26940 221113        16/12/2022     513      513             88,028       88,028             25,660       25,660               4,106     4,106           22,007       22,007      22,007

                                Totals for 1 Shipments                   513       513          88,028       88,028                 25,660       25,660             4,106     4,106            22,007       22,007      22,007


Totals for Vanimo Jaya Ltd, 3 Shipments                                27,127   27,127        6,285,058    6,285,058             1,832,094    1,832,094           217,017   217,017         2,301,546     2,270,272   2,301,546      (31,274)


 Co. Grouping:            Viva Success Ltd
Viva Success Ltd                      26821 221013        14/12/2022 1,790       1,790          684,078      684,078             199,409      199,409              14,317    14,317         319,968       319,968     319,968
                                      26823 221013        14/12/2022 10,695     10,695        3,690,989 3,690,989               1,075,923    1,075,923             85,564    85,672   (108) 1,683,498 1,674,455 1,683,498            (9,043)
                                      26824 221013        14/12/2022 3,531       3,531        1,084,568 1,084,568                316,152      316,152              28,245    28,245         489,211       460,271     489,211      (28,940)


 17- 7                                                                                                                                                                                Report Number 17:       Page 7 of 8 pages

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Report: Shipment Duty Calculation Comparison Summary for December / 2022                        Continued

Co. Grouping /                       SGS Ref PNGFA        Date    Volume Exported (m3)           FOB Value (Kina)                 FOB Value (USD)                  Levy (Kina)               Duty Payable (K)                     Difference
                                                                                                                                                                                                                  Duty
Exporter
                                     Number    Permit   Exported Invoice     SGS Diff.      Invoice    SGS     Difference      Invoice SGS    Difference        SGS      Paid Diff.           Invoice      SGS Paid (K)           SGS-Paid

Viva Success Ltd                     26882 221022       14/12/2022 3,694     3,694          1,244,433 1,244,433              367,108      367,108              29,550     29,551              564,603     557,904     564,603        (6,699)
                                     26894 221108       14/12/2022 3,748     3,748          1,254,492 1,254,492              365,684      365,684              29,985     29,985              574,055     563,473     574,055      (10,581)

                               Totals for 5 Shipments              23,458    23,458        7,958,560   7,958,560             2,324,276    2,324,276           187,661    187,769     (108)    3,631,334   3,576,071   3,631,334      (55,263)


Totals for Viva Success Ltd, 5 Shipments                           23,458    23,458        7,958,560   7,958,560             2,324,276    2,324,276           187,661    187,769     (108)    3,631,334   3,576,071   3,631,334      (55,263)


 Co. Grouping:            Woodbank Pacific Ltd
Woodbank Pacific Ltd                 26799 221000       07/12/2022 13,053   13,053          3,607,905 3,607,905             1,051,704    1,051,704            104,422    104,422             1,698,639 1,496,726 1,698,639 (201,913)
                                     26847 221001       07/12/2022 1,000     1,000           891,508      891,508            259,875      259,875               7,996      7,996              468,467     468,467     468,467
                                     26931 221105       16/12/2022 11,467   11,467          4,381,176 4,381,176             1,277,113    1,277,113             91,736     86,426    5,310 2,153,862 2,017,730 2,153,862 (136,132)

                               Totals for 3 Shipments              25,519    25,519        8,880,589   8,880,589             2,588,692    2,588,692           204,154    198,844    5,310     4,320,968   3,982,923   4,320,968     (338,045)


Totals for Woodbank Pacific Ltd, 3 Shipments                       25,519    25,519        8,880,589   8,880,589             2,588,692    2,588,692           204,154    198,844    5,310     4,320,968   3,982,923   4,320,968     (338,045)


Totals for December / 2022, 90 Shipments                          385,257   385,257      116,180,473 116,179,530    (942)   33,881,359   33,881,084   (275) 3,081,308   3,076,104   5,204    50,737,054 49,532,609 50,737,054 (1,204,444)




 17- 8                                                                                                                                                                               Report Number 17:        Page 8 of 8 pages

Page 103 screenshot
      Revenue, Banking, Document and Shipment Details for Log Exports
             by Exporting Company, Project Site and Shipment
                            for December/2022
  Report Printed: Sunday, 29 January 2023


Exporter and IPA Code Number
    Site Code
                  Export     PNGFA Bank                    LC Number/         Bill of          Invoice              SGS       Invoice        SGS          Invoice Exch.
                  Date       Permit                        T/T Remittance     Lading No.       Number              Vol m3      Vol m3      FOB USD       FOB USD Rate

Active Forest Limited ; IPA Code Number:
    Cloudy Bay (FMA 60301)
                 09/12/2022 2212001                        Not Yet Received   AFL©06/2022      AFL©06/2022        2,100.017    2,100.017      140,270       140,270    .2915
    Totals for 'Site Code' = Cloudy Bay (FMA 60301)                                                              2,100.017    2,100.017     140,270        140,270
Totals for 'Exporter' = Active Forest Limited; IPA Code:                                                         2,100.017    2,100.017     140,270        140,270


Amanab 56 Timber Investments Ltd ; IPA Code Number:
    Amanab Blocks 5 & 6 FMA (61002)
                 03/12/2022 2209030                        Not Yet Received   AM56-2022-006    AMNB-2022-006      6,000.120    6,000.120    1,560,031      1,560,031   .2915
                 26/12/2022 2211138                        Not Yet Received   AM56-2022-007A   AMNB-2022-007A     6,592.544    6,592.544    1,648,136      1,648,136   .2915
                 31/12/2022 2212047                        Not Yet Received   AM56-2022-007B   AMNB-2022-007B     8,062.810    8,062.810    1,970,357      1,970,357   .2915
    Totals for 'Site Code' = Amanab Blocks 5 & 6 FMA (61002)                                                    20,655.474 20,655.474      5,178,524     5,178,524



 18- 1                                                                                                                               Report Number 18:   Page 1 of 11 pages

Page 104 screenshot
Report - Log Export Revenues and Volumes and Document Details by Shipment, for December/2022   Continued

Exporter and IPA Code Number
     Site Code
                     Export      PNGFA Bank                          LC Number/                Bill of        Invoice              SGS       Invoice        SGS          Invoice Exch.
                     Date        Permit                              T/T Remittance            Lading No.     Number              Vol m3      Vol m3      FOB USD       FOB USD Rate
Totals for 'Exporter' = Amanab 56 Timber Investments Ltd; IPA Code:                                                            20,655.474 20,655.474      5,178,524     5,178,524


Cakara Alam (PNG) Ltd ; IPA Code Number:
     Rottock Bay Consolidated (FMA 61402)
                    02/12/2022 2211096                               Not Yet Received          GHM/08/22D     2211096            1,357.216    1,357.216      116,758       116,758    .2915
                    02/12/2022 2211134                               Not Yet Received          GHM/08/22B     2211134            2,750.984    2,750.984      151,304       151,304    .2915
                    12/12/2022 2211135                               Not Yet Received          GHM/09/22B     2211135            1,090.820    1,090.820       59,995        59,995    .2915
                    12/12/2022 2211035                               Not Yet Received          GHM/09/22A     2211035            2,113.967    2,113.967      169,117       169,117    .2915
                    14/12/2022 2211029                               Not Yet Received          WS/09/22       2211029            4,139.854    4,139.854      227,692       227,692    .2915
                    18/12/2022 2211030                               Not Yet Received          WS/10/2022     2211030            2,000.320    2,000.320      158,193       158,193    .2915
                    19/12/2022 2211109                               Not Yet Received          AC003-A        22141109           9,367.807    9,367.807      898,329       898,329    .2950
                    26/12/2022 2210080                               Not Yet Received          AC001-22       2210080            4,399.086    4,399.086      346,801       346,801    .2915
     Totals for 'Site Code' = Rottock Bay Consolidated (FMA 61402)                                                             27,220.054 27,220.054      2,128,189     2,128,189
Totals for 'Exporter' = Cakara Alam (PNG) Ltd; IPA Code:                                                                       27,220.054 27,220.054      2,128,189     2,128,189


Canopus No. 16 Ltd ; IPA Code Number:
     Wipim Tapila FMA (60110)
                    04/12/2022 2210150                               Not Yet Received          CNP/B/2205-B   CNP/1/2205-B       4,335.059    4,335.059      276,776       276,776    .2915
     Totals for 'Site Code' = Wipim Tapila FMA (60110)                                                                          4,335.059    4,335.059     276,776        276,776
Totals for 'Exporter' = Canopus No. 16 Ltd; IPA Code:                                                                           4,335.059    4,335.059     276,776        276,776


Continental Alliance Ltd ; IPA Code Number:
     Wagana Wagasu Agro Forestry (FCA 7101
                    15/12/2022 2211078                               Not Yet Received          CAL22/11B      CAL/C22/12/002     1,047.107    1,047.107       97,661        97,661    .2915
                    15/12/2022 2211079                               Not Yet Received          CAL22/11C      CAL/C22/12/003     1,040.771    1,040.771       68,666        68,666    .2915
                    15/12/2022 2211077                               Not Yet Received          CAL22/11A      CAL/C22/12/001     1,122.826    1,122.826       97,720        97,720    .2915
     Totals for 'Site Code' = Wagana Wagasu Agro Forestry (FCA 710                                                              3,210.704    3,210.704     264,047        264,047

 18- 2                                                                                                                                              Report Number 18:   Page 2 of 11 pages

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Report - Log Export Revenues and Volumes and Document Details by Shipment, for December/2022   Continued

Exporter and IPA Code Number
     Site Code
                     Export      PNGFA Bank                          LC Number/                Bill of      Invoice              SGS       Invoice        SGS          Invoice Exch.
                     Date        Permit                              T/T Remittance            Lading No.   Number              Vol m3      Vol m3      FOB USD       FOB USD Rate
Totals for 'Exporter' = Continental Alliance Ltd; IPA Code:                                                                   3,210.704    3,210.704     264,047        264,047


Global Elite Ltd ; IPA Code Number:
     Wammy Inter. Agro Forestry (FCA71007)
                    15/12/2022 2211086                               Not Yet Received          GEL22/11     GEL/C22/12/001     1,429.168    1,429.168      119,030       119,030    .2915
     Totals for 'Site Code' = Wammy Inter. Agro Forestry (FCA71007)                                                           1,429.168    1,429.168     119,030        119,030
Totals for 'Exporter' = Global Elite Ltd; IPA Code:                                                                           1,429.168    1,429.168     119,030        119,030


Golden Rise Investment Ltd ; IPA Code Number:
     Raicoast TP (11218)
                    23/12/2022 2211101                               Not Yet Received          GRI/02/22    GRI/02/22         10,969.562   10,969.562      706,770       706,770    .2915
     Totals for 'Site Code' = Raicoast TP (11218)                                                                            10,969.562 10,969.562       706,770        706,770
Totals for 'Exporter' = Golden Rise Investment Ltd; IPA Code:                                                                10,969.562 10,969.562       706,770        706,770


Green Point Limited ; IPA Code Number:
     Ania Integrated Agri (FCA 71517)
                    04/12/2022 2210211                               Not Yet Received          GLP07/22     GPL22-12001       10,584.377   10,584.377      929,879       929,879    .2915
                    08/12/2022 2210210                               Not Yet Received          GPL07A/22    GPL22-12002        4,926.599    4,926.599      428,367       428,367    .2915
                    16/12/2022 2211050                               Not Yet Received          GPL08/22     GPL22-12003       10,937.466   10,937.466      989,963       989,963    .2915
     Totals for 'Site Code' = Ania Integrated Agri (FCA 71517)                                                               26,448.442 26,448.442      2,348,209     2,348,209
Totals for 'Exporter' = Green Point Limited; IPA Code:                                                                       26,448.442 26,448.442      2,348,209     2,348,209


Joinland Management (PNG) Ltd ; IPA Code Number:
     Kamdaru-Siaman-Lamasa (TP 11635)
                    29/12/2022 2212030                               Not Yet Received          KPVS09       KPVS09              419.426      419.426        30,643        30,643    .2915
     Totals for 'Site Code' = Kamdaru-Siaman-Lamasa (TP 11635)                                                                 419.426      419.426        30,643        30,643



 18- 3                                                                                                                                            Report Number 18:   Page 3 of 11 pages

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Report - Log Export Revenues and Volumes and Document Details by Shipment, for December/2022   Continued

Exporter and IPA Code Number
     Site Code
                     Export      PNGFA Bank                          LC Number/                Bill of      Invoice          SGS       Invoice        SGS          Invoice Exch.
                     Date        Permit                              T/T Remittance            Lading No.   Number          Vol m3      Vol m3      FOB USD       FOB USD Rate

     Lak TRP Project (TP 11643)
                    05/12/2022 2211018                               Not Yet Received          JM17         JM17           1,674.109    1,674.109      126,650       126,650    .2915
                    05/12/2022 2211094                               Not Yet Received          JLVS17       JLVS17         2,533.065    2,533.065      250,121       250,121    .2915
                    09/12/2022 2211033                               Not Yet Received          JS11         JS11           3,172.845    3,172.845      233,200       233,200    .2915
                    10/12/2022 2211017                               Not Yet Received          JS10         JS10            554.284      554.284        36,028        36,028    .2915
                    12/12/2022 2211093                               Not Yet Received          JM18         JM18           2,955.637    2,955.637      260,255       260,255    .2915
                    13/12/2022 2210212                               Not Yet Received          JLVS18       JLVS18         8,556.681    8,556.681      694,095       694,095    .2915
                    16/12/2022 2211091                               Not Yet Received          JS12         JS12           1,999.700    1,999.700      186,633       186,633    .2915
                    30/12/2022 2212049                               Not Yet Received          JLVS19       JLVS19          869.771      869.771        60,424        60,424    .2915
     Totals for 'Site Code' = Lak TRP Project (TP 11643)                                                                 22,316.092 22,316.092      1,847,406     1,847,406
Totals for 'Exporter' = Joinland Management (PNG) Ltd; IPA Code:                                                         22,735.518 22,735.518      1,878,049     1,878,049


KK Connections Ltd ; IPA Code Number:
     Mengen Integrated (FCA 71522)
                    11/12/2022 2211069                               Not Yet Received          KM22/12/01   KM22/12/01     2,349.528    2,349.528      180,275       180,275    .2915
                    13/12/2022 2211111                               Not Yet Received          KM22/12/02   KM22/12/02     5,786.799    5,786.799      403,113       403,113    .2915
     Totals for 'Site Code' = Mengen Integrated (FCA 71522)                                                               8,136.327    8,136.327     583,388        583,388

     Taraiwara(Ext) Agro Reforest.(FCA 71514)
                    03/12/2022 2211100                               Not Yet Received          KP22/12/01   KP22/12/01     9,422.400    9,422.400      724,978       724,978    .2915
                    11/12/2022 2211071                               Not Yet Received          KP22/12/02   KP22/12/02      720.830      720.830        52,329        52,329    .2915
                    21/12/2022 2212023                               Not Yet Received          KP22/12/03   KP22/12/03     2,250.010    2,250.010      182,000       182,000    .2915
                    23/12/2022 2212059                               Not Yet Received          KP22/12/04   KP22/12/04     8,655.892    8,655.892      617,657       617,657    .2915
     Totals for 'Site Code' = Taraiwara(Ext) Agro Reforest.(FCA 71514                                                    21,049.132 21,049.132      1,576,964     1,576,964

     Utnari Land Agro-Forestry (FCA 71521)
                    11/12/2022 2211070                               Not Yet Received          KU22/12/01   KU22/12/01     2,175.443    2,175.443      152,861       152,861    .2910
                    22/12/2022 2212024                               Not Yet Received          KU22/12/02   KU22/12/02     2,251.822    2,251.822      152,377       152,377    .2915

 18- 4                                                                                                                                        Report Number 18:   Page 4 of 11 pages

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Report - Log Export Revenues and Volumes and Document Details by Shipment, for December/2022   Continued

Exporter and IPA Code Number
     Site Code
                     Export      PNGFA Bank                          LC Number/                Bill of         Invoice          SGS       Invoice        SGS          Invoice Exch.
                     Date        Permit                              T/T Remittance            Lading No.      Number          Vol m3      Vol m3      FOB USD       FOB USD Rate
                    27/12/2022 2212054                               Not Yet Received          KU22/12/03      KU22/12/03     7,655.670    7,655.670      585,309       585,309    .2915
     Totals for 'Site Code' = Utnari Land Agro-Forestry (FCA 71521)                                                         12,082.935 12,082.935       890,548        890,548
Totals for 'Exporter' = KK Connections Ltd; IPA Code:                                                                       41,268.394 41,268.394      3,050,900     3,050,900


Lucky 99 (PNG) Ltd ; IPA Code Number:
     Rakona/Aimorao Road No.1 (TA 13-279)
                    12/12/2022 2211067                               Not Yet Received          LLF/01/22       LLF/01/22      4,359.280    4,359.280      386,938       386,938    .2915
     Totals for 'Site Code' = Rakona/Aimorao Road No.1 (TA 13-279)                                                           4,359.280    4,359.280     386,938        386,938
Totals for 'Exporter' = Lucky 99 (PNG) Ltd; IPA Code:                                                                        4,359.280    4,359.280     386,938        386,938


Lucky Logging Limited ; IPA Code Number:
     Semon (FCA 71302)
                    12/12/2022 2211020                               Not Yet Received          LLL/03/22       LLL/03/22      4,061.433    4,061.433      240,082       240,082    .2915
     Totals for 'Site Code' = Semon (FCA 71302)                                                                              4,061.433    4,061.433     240,082        240,082
Totals for 'Exporter' = Lucky Logging Limited; IPA Code:                                                                     4,061.433    4,061.433     240,082        240,082


Millionplus Corporation Ltd ; IPA Code Number:
     Konoagil Inter.Agri.Proj. (FCA 71603)
                    09/12/2022 2211032                               Not Yet Received          MM-60           MM-60          3,007.900    3,007.900      227,940       227,940    .2915
                    16/12/2022 2211090                               Not Yet Received          MM-61           MM-61           899.789      899.789        64,995        65,270    .2915
                    29/12/2022 2212050                               Not Yet Received          MPVS15          MPVS15          411.724      411.724        29,304        29,304    .2915
     Totals for 'Site Code' = Konoagil Inter.Agri.Proj. (FCA 71603)                                                          4,319.413    4,319.413     322,239        322,514
Totals for 'Exporter' = Millionplus Corporation Ltd; IPA Code:                                                               4,319.413    4,319.413     322,239        322,514


Musa Century Limited ; IPA Code Number:
     Lower Musa Agro, (FCA 70505)
                    02/12/2022 2211095                               Not Yet Received          CNP/BMS/2206B   MC21222B       3,132.757    3,132.757      156,638       156,638    .2915

 18- 5                                                                                                                                           Report Number 18:   Page 5 of 11 pages

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Report - Log Export Revenues and Volumes and Document Details by Shipment, for December/2022   Continued

Exporter and IPA Code Number
     Site Code
                     Export      PNGFA Bank                          LC Number/                Bill of          Invoice              SGS       Invoice        SGS          Invoice Exch.
                     Date        Permit                              T/T Remittance            Lading No.       Number              Vol m3      Vol m3      FOB USD       FOB USD Rate
                    02/12/2022 2211068                               Not Yet Received          CNP/B/MS/2206A   MC21222A           5,365.298    5,365.298      389,346       389,346    .2915
                    21/12/2022 2212021                               Not Yet Received          MS-01/22-BL      EVER/MC211222A     7,851.360    7,851.360      637,795       637,795    .2915
                    21/12/2022 2212022                               Not Yet Received          MS-022/22-BL     EVER/MC211222B     1,984.587    1,984.587       99,229        99,229    .2915
     Totals for 'Site Code' = Lower Musa Agro, (FCA 70505)                                                                       18,334.002 18,334.002      1,283,008     1,283,008
Totals for 'Exporter' = Musa Century Limited; IPA Code:                                                                          18,334.002 18,334.002      1,283,008     1,283,008


Niugini Lumber Merchants Ltd ; IPA Code Number:
     Ania Kapiura Consolidated (11452)
                    23/12/2022 2211063                               Not Yet Received          OR-2201-02A      OR-2201-02A        5,495.716    5,495.716      417,967       417,967    .2915
                    23/12/2022 2211092                               Not Yet Received          OR-2201-02B      OR-2201-02B         521.292      521.292        26,065        26,065    .2915
                    29/12/2022 2212013                               Not Yet Received          MS-2202-03A      MS-2202-03A        4,011.840    4,011.840      309,917       309,917    .2915
     Totals for 'Site Code' = Ania Kapiura Consolidated (11452)                                                                  10,028.848 10,028.848       753,949        753,949

     Asengseng Consolidated FMA (61401)
                    04/12/2022 2210022                               Not Yet Received          HO-2202-04B      HO-2202-04B        3,430.687    3,430.687      270,738       270,738    .2915
     Totals for 'Site Code' = Asengseng Consolidated FMA (61401)                                                                  3,430.687    3,430.687     270,738        270,738

     Awio Amgen LFA (21409)
                    04/12/2022 2210024                               Not Yet Received          HO-2202-04A      HO-2202-04A        2,018.347    2,018.347      162,728       162,728    .2915
     Totals for 'Site Code' = Awio Amgen LFA (21409)                                                                              2,018.347    2,018.347     162,728        162,728
Totals for 'Exporter' = Niugini Lumber Merchants Ltd; IPA Code:                                                                  15,477.882 15,477.882      1,187,415     1,187,415


Open Bay Timber Ltd ; IPA Code Number:
     Open Bay Consolidated [Pltn] (TP 11501)
                    01/12/2022 2210017                               Not Yet Received          2225NRABSUB006   KTI2022 1-2           9.321        9.321          746            746    .2915
     Totals for 'Site Code' = Open Bay Consolidated [Pltn] (TP 11501)                                                                9.321        9.321           746           746
Totals for 'Exporter' = Open Bay Timber Ltd; IPA Code:                                                                               9.321        9.321           746           746



 18- 6                                                                                                                                                Report Number 18:   Page 6 of 11 pages

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Report - Log Export Revenues and Volumes and Document Details by Shipment, for December/2022   Continued

Exporter and IPA Code Number
     Site Code
                     Export      PNGFA Bank                          LC Number/                Bill of         Invoice              SGS       Invoice        SGS          Invoice Exch.
                     Date        Permit                              T/T Remittance            Lading No.      Number              Vol m3      Vol m3      FOB USD       FOB USD Rate

Oro Wood Industry Ltd ; IPA Code Number:
     Ifane Agro-Forest Project - (FCA 70503)
                    11/12/2022 2211097                               Not Yet Received          OWI11/12/2022   OWI11/12/2022      4,574.833    4,574.833      388,535       388,535    .2915
                    31/12/2022 2212060                               Not Yet Received          OWL31/12/2022   OWI31/12/2022      4,240.071    4,240.071      359,039       359,039    .2915
     Totals for 'Site Code' = Ifane Agro-Forest Project - (FCA 70503)                                                            8,814.904    8,814.904     747,574        747,574
Totals for 'Exporter' = Oro Wood Industry Ltd; IPA Code:                                                                         8,814.904    8,814.904     747,574        747,574


Pacific Region Development Ltd ; IPA Code Number:
     Gar Consolidated TRP (TP 11544)
                    07/12/2022 2211015                               Not Yet Received          PRDL®12/2022    PRDL®12/2022       1,679.200    1,679.200      113,541       113,541    .2915
                    22/12/2022 2211014                               Not Yet Received          PRDL®11A/2022   PRDL®11A/2022      2,673.448    2,673.448      200,494       200,494    .2915
     Totals for 'Site Code' = Gar Consolidated TRP (TP 11544)                                                                    4,352.648    4,352.648     314,035        314,035

     Senbam Cons. (TP 11552)
                    07/12/2022 2211016                               Not Yet Received          PRDL®12A/2022   PRDL® 12A/2022      327.623      327.623        24,864        24,864    .2915
                    29/12/2022 2211089                               Not Yet Received          PRDL®13A/2022   PRDL®13A/2022     17,940.277   17,940.277    1,310,330      1,310,330   .2915
     Totals for 'Site Code' = Senbam Cons. (TP 11552)                                                                           18,267.900 18,267.900      1,335,194     1,335,194

     Tokai Matong TRP (TP 11545)
                    22/12/2022 2211019                               Not Yet Received          PRD® 11/2022    PRDL®11/2022      10,348.481   10,348.481      658,202       658,202    .2915
     Totals for 'Site Code' = Tokai Matong TRP (TP 11545)                                                                       10,348.481 10,348.481       658,202        658,202

     Waterfall bay Extn CONS.TRP(TP 11555)
                    19/12/2022 2211061                               Not Yet Received          PRDL®13/2022    PDRL®13/2022      13,783.033   13,783.033    1,176,503      1,176,503   .2915
     Totals for 'Site Code' = Waterfall bay Extn CONS.TRP(TP 11555)                                                             13,783.033 13,783.033      1,176,503     1,176,503
Totals for 'Exporter' = Pacific Region Development Ltd; IPA Code:                                                               46,752.062 46,752.062      3,483,934     3,483,934




 18- 7                                                                                                                                               Report Number 18:   Page 7 of 11 pages

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Report - Log Export Revenues and Volumes and Document Details by Shipment, for December/2022   Continued

Exporter and IPA Code Number
     Site Code
                     Export      PNGFA Bank                          LC Number/                Bill of       Invoice              SGS       Invoice        SGS          Invoice Exch.
                     Date        Permit                              T/T Remittance            Lading No.    Number              Vol m3      Vol m3      FOB USD       FOB USD Rate

Sentawan (PNG) Ltd ; IPA Code Number:
     DANFU Block 12,13,14,15&18 (11640)
                    11/12/2022 2211087     Kina Bank Ltd- Pom HQ     TT Ref: 202200480155      DFU/167       STW07/22           8,467.273    8,467.273      591,177       591,177    .2915
     Totals for 'Site Code' = DANFU Block 12,13,14,15&18 (11640)                                                               8,467.273    8,467.273     591,177        591,177
Totals for 'Exporter' = Sentawan (PNG) Ltd; IPA Code:                                                                          8,467.273    8,467.273     591,177        591,177


Stettin Bay Lumber Co. Ltd ; IPA Code Number: 1-898
     Ania Kapiura Consolidated (11452)
                    14/12/2022 2211076                               Not Yet Received          OR-2201-01B   OR-3301-01B         525.485      525.485        26,274        26,274    .2915
                    14/12/2022 2211057                               Not Yet Received          OR-2201-01A   OR-2201-01A        6,000.134    6,000.134      482,875       482,875    .2915
                    14/12/2022 2211059                               Not Yet Received          OR-2202-01D   OR-2202-01D        2,476.957    2,476.957      209,301       209,301    .2915
                    24/12/2022 2212012                               Not Yet Received          MS-2202-02A   MS-2202-02A        3,459.661    3,459.661      288,521       288,521    .2915
                    24/12/2022 2212020                               Not Yet Received          MS-2202-02B   MS-2202-02B        1,097.223    1,097.223       54,861        54,861    .2915
     Totals for 'Site Code' = Ania Kapiura Consolidated (11452)                                                               13,559.460 13,559.460      1,061,832     1,061,832

     Ania Kapuira Forest Pltn (TP 11403)
                    14/12/2022 2211058                               Not Yet Received          OR-2201-01C   OR-2201-01C          83.807       83.807         8,629         8,629    .2915
     Totals for 'Site Code' = Ania Kapuira Forest Pltn (TP 11403)                                                                83.807       83.807         8,629         8,629
Totals for 'Exporter' = Stettin Bay Lumber Co. Ltd; IPA Code: 1-898                                                           13,643.267 13,643.267      1,070,462     1,070,462


Summit Agriculture Ltd ; IPA Code Number:
     Angoram Intergrated (FCA 71104)
                    15/12/2022 2211082                               Not Yet Received          SAL22/11B     SAL/C22/12/002     2,189.582    2,189.582      139,890       139,890    .2915
                    15/12/2022 2211083                               Not Yet Received          SAL22/11C     SAL/C22/12/003     1,726.467    1,726.467      111,868       111,868    .2915
                    15/12/2022 2211084                               Not Yet Received          SAL22/1D      SAL/C22/12/004     2,583.433    2,583.433      165,855       165,855    .2915
                    15/12/2022 2211085                               Not Yet Received          SAL22/11E     SAL/C22/12/005     2,417.785    2,417.785      178,479       178,479    .2915
     Totals for 'Site Code' = Angoram Intergrated (FCA 71104)                                                                  8,917.267    8,917.267     596,091        596,091

 18- 8                                                                                                                                             Report Number 18:   Page 8 of 11 pages

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Report - Log Export Revenues and Volumes and Document Details by Shipment, for December/2022   Continued

Exporter and IPA Code Number
     Site Code
                     Export      PNGFA Bank                          LC Number/                Bill of        Invoice               SGS       Invoice        SGS          Invoice Exch.
                     Date        Permit                              T/T Remittance            Lading No.     Number               Vol m3      Vol m3      FOB USD       FOB USD Rate

     Gweing Wagasu Agro-Forestry (FCA 7101
                    15/12/2022 2211081                               Not Yet Received          SAL22/11F      SAL/C22/12/2006     1,882.241    1,882.241      143,787       143,787    .2915
     Totals for 'Site Code' = Gweing Wagasu Agro-Forestry (FCA 710                                                               1,882.241    1,882.241     143,787        143,787

     Wewak/Turubu (FCA 71103)
                    15/12/2022 2211080                               Not Yet Received          SAL22/11A      SAL/C22/12/001      2,000.600    2,000.600      128,900       128,900    .2915
     Totals for 'Site Code' = Wewak/Turubu (FCA 71103)                                                                           2,000.600    2,000.600     128,900        128,900
Totals for 'Exporter' = Summit Agriculture Ltd; IPA Code:                                                                       12,800.108 12,800.108       868,779        868,779


Vanimo Jaya Ltd ; IPA Code Number:
     Makapa Timber Area (10109)
                    03/12/2022 2210224     Kina Bank Ltd- Pom HQ     202200405193              MKP/009/2022   MKP/009/2022       18,146.641   18,146.641    1,215,257      1,215,257   .2915
     Totals for 'Site Code' = Makapa Timber Area (10109)                                                                        18,146.641 18,146.641      1,215,257     1,215,257
Totals for 'Exporter' = Vanimo Jaya Ltd; IPA Code:                                                                              18,146.641 18,146.641      1,215,257     1,215,257


Viva Success Ltd ; IPA Code Number:
     Central New Ireland (11642)
                    14/12/2022 2210134                               Not Yet Received          NM/OH/03B      VSL/OH/0422A &B     3,530.592    3,530.592      316,152       316,152    .2915
     Totals for 'Site Code' = Central New Ireland (11642)                                                                        3,530.592    3,530.592     316,152        316,152

     Central New Ireland LFA 16-01
                    14/12/2022 2210135                               Not Yet Received          NM/OH/03A      NM/OH/03A&NM/O     10,695.451   10,695.451    1,075,923      1,075,923   .2915
                                                                                                              H/03B
                    14/12/2022 2211088                               Not Yet Received          NM/OH/05       VSL/OH/05           3,748.140    3,748.140      365,684       365,684    .2915
                    14/12/2022 2210136                               Not Yet Received          NM/HG/01B      NM/HG/01A           1,789.644    1,789.644      199,409       199,409    .2915
                    14/12/2022 2210225                               Not Yet Received          NM/OH/04       VSL/OH/04           3,693.810    3,693.810      367,108       367,108    .2950
     Totals for 'Site Code' = Central New Ireland LFA 16-01                                                                     19,927.045 19,927.045      2,008,124     2,008,124
Totals for 'Exporter' = Viva Success Ltd; IPA Code:                                                                             23,457.637 23,457.637      2,324,276     2,324,276


 18- 9                                                                                                                                               Report Number 18:   Page 9 of 11 pages

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Report - Log Export Revenues and Volumes and Document Details by Shipment, for December/2022   Continued

Exporter and IPA Code Number
     Site Code
                     Export      PNGFA Bank                          LC Number/                Bill of       Invoice           SGS       Invoice        SGS           Invoice Exch.
                     Date        Permit                              T/T Remittance            Lading No.    Number           Vol m3      Vol m3      FOB USD        FOB USD Rate

VJ Holdings Ltd ; IPA Code Number:
     Lolobau Kamarere WoodLot (TP14-86)
                    16/12/2022 2211137     Kina Bank Ltd- Pom HQ     TT REF: 202200458517      ULA/17/2022   ULA/17/2022      513.205      513.205        25,660         25,660    .2915
     Totals for 'Site Code' = Lolobau Kamarere WoodLot (TP14-86)                                                             513.205      513.205        25,660         25,660
Totals for 'Exporter' = VJ Holdings Ltd; IPA Code:                                                                           513.205      513.205        25,660         25,660


Wasu Resource Ltd ; IPA Code Number:
     Wasu Cattle farm (FCA 13-03)
                    13/12/2022 2211021                               Not Yet Received          WS7/22        WS7/22          5,405.762    5,405.762      345,264        345,264    .2915
     Totals for 'Site Code' = Wasu Cattle farm (FCA 13-03)                                                                  5,405.762    5,405.762     345,264         345,264
Totals for 'Exporter' = Wasu Resource Ltd; IPA Code:                                                                        5,405.762    5,405.762     345,264         345,264


Wawoi Guavi Timber Co Ltd ; IPA Code Number: 1-8150
     Wawoi Guavi (10107)
                    02/12/2022 2210216                               Not Yet Received          PG-2203-01A   PG-2203-01A     7,552.425    7,552.425      574,062        574,062    .2915
                    02/12/2022 2210226                               Not Yet Received          PG-2203-01B   PG2203-01B       253.744      253.744        12,687         12,687    .2915
                    15/12/2022 2211098                               Not Yet Received          MS-2202-01A   MS-2202-01A     6,280.405    6,280.405      486,257        486,257    .2915
                    15/12/2022 2211136                               Not Yet Received          MS-2202-01B   MS-2202-01B      716.201      716.201        35,810         35,810    .2915
     Totals for 'Site Code' = Wawoi Guavi (10107)                                                                          14,802.775 14,802.775      1,108,816      1,108,816
Totals for 'Exporter' = Wawoi Guavi Timber Co Ltd; IPA Code: 1-8150                                                        14,802.775 14,802.775      1,108,816      1,108,816


Woodbank Pacific Ltd ; IPA Code Number:
     Kumil TP (11222)
                    07/12/2022 2210005                               Not Yet Received          WPL03/22      WPL03/2022     13,052.758   13,052.758    1,051,704       1,051,704   .2915
                    07/12/2022 2210018                               Not Yet Received          WPL04/22      WPL04/2022       999.518      999.518       259,875        259,875    .2915
                    16/12/2022 2211051                               Not Yet Received          WPL05/22      WPL05/2022     11,466.996   11,466.996    1,277,113       1,277,113   .2915


 18- 10                                                                                                                                         Report Number 18:   Page 10 of 11 pages

Page 113 screenshot
Report - Log Export Revenues and Volumes and Document Details by Shipment, for December/2022   Continued

Exporter and IPA Code Number
     Site Code
                     Export      PNGFA Bank                          LC Number/                Bill of      Invoice       SGS     Invoice        SGS           Invoice Exch.
                     Date        Permit                              T/T Remittance            Lading No.   Number       Vol m3    Vol m3      FOB USD        FOB USD Rate
     Totals for 'Site Code' = Kumil TP (11222)                                                                        25,519.272 25,519.272    2,588,692      2,588,692
Totals for 'Exporter' = Woodbank Pacific Ltd; IPA Code:                                                               25,519.272 25,519.272    2,588,692      2,588,692



Grand Totals
      Tota                                                                                                              385,257    385,257    33,881,084     33,881,359




 18- 11                                                                                                                                  Report Number 18:   Page 11 of 11 pages

Page 114 screenshot
Substantial Log Export Permit Discrepancies in Log Volumes Loaded for Export for
December/2022 (discrepancies exceeding 40%, or exceeding 10% and 40 m3)
Report printed: 29/01/2023 3:02:40 pm


                                                                                                                   SGS Date       Permit                      Species/         Permit Shipped Discrep-
Co. Grouping                            Exporter                         Site                                    Ref No. Exported Number Grade                Group           Vol. (m3) Vol. (m3) ancy (%)

Joinland Management                     Joinland Management (PNG) Ltd Lak TRP Project (TP 11643)                  26922   05/12/2022 2211094 Saw/Veneer       Canarium            3.365       76.547      2174.8
(PNG) Ltd
Tutuman Development Ltd                 Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)    26900   16/12/2022   2211090   Saw/Veneer   Group 4           22.514       466.774      1973.3
Rimbunan Hijau (PNG) Ltd                Niugini Lumber Merchants Ltd     Ania Kapiura Consolidated (11452)        26949   29/12/2022   2212013   Saw/Veneer   Dillenia              50       784.743      1469.5
Viva Success Ltd                        Viva Success Ltd                 Central New Ireland LFA 16-01            26823   14/12/2022   2210135   Saw/Veneer   Group 3               10        76.119       661.2
Joinland Management                     Joinland Management (PNG) Ltd    Lak TRP Project (TP 11643)               26899   16/12/2022   2211091   Saw/Veneer   Group 4           72.505       369.102       409.1
(PNG) Ltd
Cakara Alam (PNG) Ltd                   Cakara Alam (PNG) Ltd          Rottock Bay Consolidated (FMA 61402)       26957   19/12/2022 2211109 Saw/Veneer       Burckella              16       76.317        377.0
Pacific Region                          Pacific Region Development Ltd Tokai Matong TRP (TP 11545)                26859   22/12/2022 2211019 Saw/Veneer       Lophopetallum          10       45.261        352.6
Development Ltd                                                                                                                                               /Perupok
Green Point Limited                     Green Point Limited              Ania Integrated Agri (FCA 71517)         26891   16/12/2022 2211050 Saw/Veneer       Kwila                  30      121.321        304.4
Green Point Limited                     Green Point Limited              Ania Integrated Agri (FCA 71517)         26844   08/12/2022 2210210 Saw/Veneer       Lophopetallum          20       73.594        268.0
                                                                                                                                                              /Perupok
Vanimo Jaya Ltd                         Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)       26908   11/12/2022 2211087 Saw/Veneer       Lophopetallum        8.68       29.037        234.5
                                                                                                                                                              /Perupok
Cakara Alam (PNG) Ltd                   Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)     26813   26/12/2022   2210080   Saw/Veneer   Group 4              168       539.865        221.3
Cakara Alam (PNG) Ltd                   Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)     26957   19/12/2022   2211109   Saw/Veneer   Pencil Cedar          15        43.382        189.2
Rimbunan Hijau (PNG) Ltd                Niugini Lumber Merchants Ltd     Awio Amgen LFA (21409)                   26803   04/12/2022   2210024   Saw/Veneer   Erima                 10         28.55        185.5
Viva Success Ltd                        Viva Success Ltd                 Central New Ireland LFA 16-01            26882   14/12/2022   2210225   Saw/Veneer   Terminalia            70       196.785        181.1
Vanimo Jaya Ltd                         Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)       26908   11/12/2022   2211087   Saw/Veneer   Canarium          33.928        92.605        172.9
Pacific Region                          Pacific Region Development Ltd   Tokai Matong TRP (TP 11545)              26859   22/12/2022   2211019   Saw/Veneer   Planchonella          30        81.483        171.6
Development Ltd
Rimbunan Hijau (PNG) Ltd                Niugini Lumber Merchants Ltd     Ania Kapiura Consolidated (11452)        26949   29/12/2022 2212013 Saw/Veneer       Malas                 100      269.527        169.5
CS Boss International Ltd               Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)        26904   14/12/2022 2211057 Saw/Veneer       Group 3               200      526.449        163.2
Viva Success Ltd                        Viva Success Ltd                 Central New Ireland LFA 16-01            26894   14/12/2022 2211088 Saw/Veneer       Canarium               15       39.396        162.6


 19- 1                                                                                                                                                                   Report Number 19:    Page 1 of 13 pages

Page 115 screenshot
Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022               Continued

                                                                                                      SGS Date       Permit                        Species/         Permit Shipped Discrep-
Co. Grouping                Exporter                         Site                                   Ref No. Exported Number Grade                  Group           Vol. (m3) Vol. (m3) ancy (%)

Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Awio Amgen LFA (21409)                    26803   04/12/2022   2210024   Saw/Veneer   Planchonella           20       51.385        156.9
Green Point Limited         Green Point Limited              Ania Integrated Agri (FCA 71517)          26844   08/12/2022   2210210   Saw/Veneer   Planchonella           10       25.655        156.6
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01             26894   14/12/2022   2211088   Saw/Veneer   Dillenia               50      125.038        150.1
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01             26894   14/12/2022   2211088   Saw/Veneer   Terminalia            100      243.803        143.8
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd        Wawoi Guavi (10107)                       26910   15/12/2022   2211098   Saw/Veneer   Lophopetallum          10       24.353        143.5
                                                                                                                                                   /Perupok
Joinland Management         Joinland Management (PNG) Ltd Lak TRP Project (TP 11643)                   26923   12/12/2022 2211093 Saw/Veneer       Pencil Cedar      40.473         98.21        142.7
(PNG) Ltd
Lucky 99 (PNG) Ltd          Lucky Logging Limited            Semon (FCA 71302)                         26852   12/12/2022   2211020   Saw/Veneer   Group 3               187 447.815             139.5
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)      26867   18/12/2022   2211030   Saw/Veneer   Dillenia              500 1185.562            137.1
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01             26882   14/12/2022   2210225   Saw/Veneer   Taun                  300 710.239             136.7
Pacific Region              Pacific Region Development Ltd   Tokai Matong TRP (TP 11545)               26859   22/12/2022   2211019   Saw/Veneer   Erima                  10   23.464            134.6
Development Ltd
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Awio Amgen LFA (21409)                    26803   04/12/2022   2210024   Saw/Veneer   Burckella             20   46.745             133.7
Vanimo Jaya Ltd             Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)        26908   11/12/2022   2211087   Saw/Veneer   Terminalia       166.245 375.985              126.2
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Awio Amgen LFA (21409)                    26803   04/12/2022   2210024   Saw/Veneer   Group 3               50 109.836              119.7
Continental Alliance Ltd    Continental Alliance Ltd         Wagana Wagasu Agro Forestry (FCA 710      26914   15/12/2022   2211078   Saw/Veneer   Group 3               30   65.047             116.8
Oro Wood Industry Ltd       Oro Wood Industry Ltd            Ifane Agro-Forest Project - (FCA 70503)   26985   31/12/2022   2212060   Saw/Veneer   Canarium            31.6   68.017             115.2
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd        Wawoi Guavi (10107)                       26910   15/12/2022   2211098   Saw/Veneer   Planchonella          20   42.869             114.3
Tutuman Development Ltd     Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)     26881   09/12/2022   2211032   Saw/Veneer   Group 4          335.661 702.223              109.2
Tutuman Development Ltd     Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)     26900   16/12/2022   2211090   Saw/Veneer   Canarium          39.117   81.758             109.0
Lucky Logging Limited       Wasu Resource Ltd                Wasu Cattle farm (FCA 13-03)              26907   13/12/2022   2211021   Saw/Veneer   Planchonella          50 102.305              104.6
Vanimo Jaya Ltd             Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)        26908   11/12/2022   2211087   Saw/Veneer   Erima            371.818 746.791              100.8
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                          26931   16/12/2022   2211051   Saw/Veneer   Kwila              1000 1977.393               97.7
Vanimo Jaya Ltd             Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)        26908   11/12/2022   2211087   Saw/Veneer   Planchonella      89.832 177.082               97.1
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)         26904   14/12/2022   2211057   Saw/Veneer   Group 2              200 388.013               94.0
Tutuman Development Ltd     Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)     26900   16/12/2022   2211090   Saw/Veneer   Pencil Cedar      56.355 109.242               93.8
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)      26911   02/12/2022   2211096   Saw/Veneer   Group 2               20   38.594              93.0
Continental Alliance Ltd    Continental Alliance Ltd         Wagana Wagasu Agro Forestry (FCA 710      26924   15/12/2022   2211077   Saw/Veneer   Group 2               20   38.152              90.8
Vanimo Jaya Ltd             Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)        26908   11/12/2022   2211087   Saw/Veneer   Group 4          724.721 1361.148              87.8
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)         26903   14/12/2022   2211059   Saw/Veneer   Canarium              60 110.954               84.9
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01             26882   14/12/2022   2210225   Saw/Veneer   Canarium              15   27.734              84.9
Global Elite Ltd            Global Elite Ltd                 Wammy Inter. Agro Forestry (FCA71007)     26913   15/12/2022   2211086   Saw/Veneer   Group 3               50    92.24              84.5
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)         26953   24/12/2022   2212012   Saw/Veneer   Burckella            100 179.237               79.2


 19- 2                                                                                                                                                        Report Number 19:    Page 2 of 13 pages

Page 116 screenshot
Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022              Continued

                                                                                                   SGS Date       Permit                          Species/           Permit Shipped Discrep-
Co. Grouping                Exporter                        Site                                 Ref No. Exported Number Grade                    Group             Vol. (m3) Vol. (m3) ancy (%)

Oro Wood Industry Ltd       Oro Wood Industry Ltd           Ifane Agro-Forest Project - (FCA 70503)   26909   11/12/2022   2211097   Saw/Veneer   Calophyllum          23.961  42.723               78.3
Continental Alliance Ltd    Continental Alliance Ltd        Wagana Wagasu Agro Forestry (FCA 710      26924   15/12/2022   2211077   Saw/Veneer   Group 3                  30  53.466               78.2
Lucky Logging Limited       Wasu Resource Ltd               Wasu Cattle farm (FCA 13-03)              26907   13/12/2022   2211021   Saw/Veneer   Terminalia              200 355.541               77.8
Continental Alliance Ltd    Continental Alliance Ltd        Wagana Wagasu Agro Forestry (FCA 710      26915   15/12/2022   2211079   Saw/Veneer   Group 2                  20  35.549               77.7
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)          26891   16/12/2022   2211050   Saw/Veneer   Calophyllum           1200 2125.854               77.2
Joinland Management         Joinland Management (PNG) Ltd   Lak TRP Project (TP 11643)                26923   12/12/2022   2211093   Saw/Veneer   Canarium            175.082 309.611               76.8
(PNG) Ltd
Vanimo Jaya Ltd             Sentawan (PNG) Ltd             DANFU Block 12,13,14,15&18 (11640)         26908   11/12/2022 2211087 Saw/Veneer       Calophyllum            61.79      108.977         76.4
Pacific Region              Pacific Region Development Ltd Tokai Matong TRP (TP 11545)                26859   22/12/2022 2211019 Saw/Veneer       Burckella                 20       35.037         75.2
Development Ltd
Tutuman Development Ltd     Millionplus Corporation Ltd     Konoagil Inter.Agri.Proj. (FCA 71603)   26900     16/12/2022   2211090   Saw/Veneer   PNG Walnut           19.967   34.627              73.4
Tutuman Development Ltd     Millionplus Corporation Ltd     Konoagil Inter.Agri.Proj. (FCA 71603)   26881     09/12/2022   2211032   Saw/Veneer   Dillenia             206.18 352.075               70.8
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd      Ania Kapiura Consolidated (11452)       26904     14/12/2022   2211057   Saw/Veneer   Taun                    500   850.32              70.1
Woodbank Pacific Ltd        Woodbank Pacific Ltd            Kumil TP (11222)                        26931     16/12/2022   2211051   Saw/Veneer   Terminalia           982.83 1658.952              68.8
Summit Agriculture Ltd      Summit Agriculture Ltd          Angoram Intergrated (FCA 71104)         26921     15/12/2022   2211082   Saw/Veneer   Group 3                  70 117.679               68.1
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd       Wawoi Guavi (10107)                     26910     15/12/2022   2211098   Saw/Veneer   PNG Walnut              200 332.451               66.2
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd       Wawoi Guavi (10107)                     26835     02/12/2022   2210216   Saw/Veneer   Burckella                50   82.574              65.1
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd      Ania Kapiura Consolidated (11452)       26953     24/12/2022   2212012   Saw/Veneer   Dillenia                100 164.315               64.3
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)        26844     08/12/2022   2210210   Saw/Veneer   Canarium                410 665.576               62.3
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd           Rottock Bay Consolidated (FMA 61402) 26867        18/12/2022   2211030   Saw/Veneer   Burckella               300 480.351               60.1
Woodbank Pacific Ltd        Woodbank Pacific Ltd            Kumil TP (11222)                        26931     16/12/2022   2211051   Saw/Veneer   Canarium            401.953 632.765               57.4
Summit Agriculture Ltd      Summit Agriculture Ltd          Gweing Wagasu Agro-Forestry (FCA 7101 26918       15/12/2022   2211081   Saw/Veneer   Group 3                  70 109.828               56.9
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd      Ania Kapiura Consolidated (11452)       26903     14/12/2022   2211059   Saw/Veneer   Group 4                 150 235.255               56.8
Musa Century Limited        Musa Century Limited            Lower Musa Agro, (FCA 70505)            26893     02/12/2022   2211068   Saw/Veneer   PNG Walnut           169.68 263.946               55.6
Woodbank Pacific Ltd        Woodbank Pacific Ltd            Kumil TP (11222)                        26931     16/12/2022   2211051   Saw/Veneer   Malas               159.705 245.033               53.4
Canopus No. 16 Ltd          Canopus No. 16 Ltd              Wipim Tapila FMA (60110)                26827     04/12/2022   2210150   Saw/Veneer   Group 2             188.543 288.901               53.2
Summit Agriculture Ltd      Summit Agriculture Ltd          Wewak/Turubu (FCA 71103)                26919     15/12/2022   2211080   Saw/Veneer   Group 3                  80 122.388               53.0
Canopus No. 16 Ltd          Canopus No. 16 Ltd              Wipim Tapila FMA (60110)                26827     04/12/2022   2210150   Saw/Veneer   Canarium              5.855    8.921              52.4
Oro Wood Industry Ltd       Oro Wood Industry Ltd           Ifane Agro-Forest Project - (FCA 70503) 26909     11/12/2022   2211097   Saw/Veneer   Terminalia           26.443   40.102              51.7
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd      Ania Kapiura Consolidated (11452)       26903     14/12/2022   2211059   Saw/Veneer   Group 3                 100 151.301               51.3
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)        26846     04/12/2022   2210211   Saw/Veneer   Lophopetallum            50   75.452              50.9
                                                                                                                                                  /Perupok
Summit Agriculture Ltd      Summit Agriculture Ltd          Angoram Intergrated (FCA 71104)           26916   15/12/2022 2211083 Saw/Veneer       Group 3                   70   105.63             50.9
Viva Success Ltd            Viva Success Ltd                Central New Ireland LFA 16-01             26882   14/12/2022 2210225 Saw/Veneer       Calophyllum              700 1055.547             50.8


 19- 3                                                                                                                                                          Report Number 19:    Page 3 of 13 pages

Page 117 screenshot
Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022                Continued

                                                                                                        SGS Date       Permit                      Species/           Permit Shipped Discrep-
Co. Grouping                Exporter                        Site                                      Ref No. Exported Number Grade                Group             Vol. (m3) Vol. (m3) ancy (%)

Summit Agriculture Ltd      Summit Agriculture Ltd          Angoram Intergrated (FCA 71104)            26920   15/12/2022   2211085   Saw/Veneer   Group 3                 100 149.959               50.0
KK Connections Ltd          KK Connections Ltd              Mengen Integrated (FCA 71522)              26930   13/12/2022   2211111   Low Grade    All Species           1735 2596.392               49.6
Viva Success Ltd            Viva Success Ltd                Central New Ireland LFA 16-01              26823   14/12/2022   2210135   Saw/Veneer   Canarium                 60   89.495              49.2
Viva Success Ltd            Viva Success Ltd                Central New Ireland LFA 16-01              26882   14/12/2022   2210225   Saw/Veneer   Group 4                 200 298.306               49.2
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd    Awio Amgen LFA (21409)                     26803   04/12/2022   2210024   Saw/Veneer   Group 2                 150 222.664               48.4
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd       Wawoi Guavi (10107)                        26910   15/12/2022   2211098   Saw/Veneer   Burckella                70 103.734               48.2
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)           26891   16/12/2022   2211050   Saw/Veneer   Malas                   880 1303.074              48.1
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)           26844   08/12/2022   2210210   Saw/Veneer   Group 2                 200 295.968               48.0
Global Elite Ltd            Global Elite Ltd                Wammy Inter. Agro Forestry (FCA71007)      26913   15/12/2022   2211086   Saw/Veneer   Group 2                  20   29.588              47.9
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd    Ania Kapiura Consolidated (11452)          26885   23/12/2022   2211063   Saw/Veneer   Group 3                 300 443.132               47.7
Joinland Management         Joinland Management (PNG) Ltd   Lak TRP Project (TP 11643)                 26899   16/12/2022   2211091   Saw/Veneer   Calophyllum          71.113 105.015               47.7
(PNG) Ltd
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd      Ania Kapiura Consolidated (11452)          26953   24/12/2022   2212012   Saw/Veneer   Malas                   500 737.127               47.4
Viva Success Ltd            Viva Success Ltd                Central New Ireland LFA 16-01              26894   14/12/2022   2211088   Saw/Veneer   Pencil Cedar            700 1027.942              46.8
Oro Wood Industry Ltd       Oro Wood Industry Ltd           Ifane Agro-Forest Project - (FCA 70503)    26985   31/12/2022   2212060   Saw/Veneer   Dillenia                 42   61.163              45.6
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd    Awio Amgen LFA (21409)                     26803   04/12/2022   2210024   Saw/Veneer   Group 4                 200 290.782               45.4
Summit Agriculture Ltd      Summit Agriculture Ltd          Angoram Intergrated (FCA 71104)            26917   15/12/2022   2211084   Saw/Veneer   Group 3                 100 144.907               44.9
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd       Wawoi Guavi (10107)                        26910   15/12/2022   2211098   Saw/Veneer   Canarium                250 359.964               44.0
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd       Wawoi Guavi (10107)                        26910   15/12/2022   2211098   Saw/Veneer   Terminalia              200 287.548               43.8
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)           26891   16/12/2022   2211050   Saw/Veneer   Pencil Cedar            430 618.059               43.7
Woodbank Pacific Ltd        Woodbank Pacific Ltd            Kumil TP (11222)                           26931   16/12/2022   2211051   Saw/Veneer   Pencil Cedar         183.41 262.727               43.2
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd    Asengseng Consolidated FMA (61401)         26802   04/12/2022   2210022   Saw/Veneer   Dillenia              1500 2146.363               43.1
Viva Success Ltd            Viva Success Ltd                Central New Ireland (11642)                26824   14/12/2022   2210134   Saw/Veneer   Group 3                  30   42.846              42.8
Viva Success Ltd            Viva Success Ltd                Central New Ireland LFA 16-01              26823   14/12/2022   2210135   Saw/Veneer   Group 2                  10   14.211              42.1
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd      Ania Kapiura Consolidated (11452)          26953   24/12/2022   2212012   Saw/Veneer   Calophyllum             300 424.871               41.6
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)           26846   04/12/2022   2210211   Saw/Veneer   Group 4               1250 1740.605               39.2
Golden Rise Investment      Golden Rise Investment Ltd      Raicoast TP (11218)                        26926   23/12/2022   2211101   Saw/Veneer   Group 3                 500 694.812               39.0
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)           26844   08/12/2022   2210210   Saw/Veneer   Terminalia              200 276.087               38.0
Joinland Management         Joinland Management (PNG) Ltd   Lak TRP Project (TP 11643)                 26880   09/12/2022   2211033   Saw/Veneer   Malas               406.794 560.639               37.8
(PNG) Ltd
Pacific Region              Pacific Region Development Ltd Senbam Cons. (TP 11552)                     26863   07/12/2022 2211016 Saw/Veneer       Malas                    150      206.502         37.7
Development Ltd
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)           26846   04/12/2022 2210211 Saw/Veneer       Burckella                450      618.053         37.3




 19- 4                                                                                                                                                           Report Number 19:    Page 4 of 13 pages

Page 118 screenshot
Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022              Continued

                                                                                                      SGS Date       Permit                      Species/          Permit Shipped Discrep-
Co. Grouping                Exporter                        Site                                    Ref No. Exported Number Grade                Group            Vol. (m3) Vol. (m3) ancy (%)

Joinland Management         Joinland Management (PNG) Ltd Lak TRP Project (TP 11643)                 26880   09/12/2022 2211033 Saw/Veneer       Erima              192.624       261.066         35.5
(PNG) Ltd
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd    Ania Kapiura Consolidated (11452)        26885   23/12/2022   2211063   Saw/Veneer   Group 4               1100   1490.442            35.5
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)         26844   08/12/2022   2210210   Saw/Veneer   Group 4                600    807.796            34.6
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)         26846   04/12/2022   2210211   Saw/Veneer   Malas                  800   1062.299            32.8
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd       Wawoi Guavi (10107)                      26910   15/12/2022   2211098   Saw/Veneer   Erima                  150    198.344            32.2
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd      Ania Kapiura Consolidated (11452)        26953   24/12/2022   2212012   Saw/Veneer   Taun                   550    726.323            32.1
Green Point Limited         Green Point Limited             Ania Integrated Agri (FCA 71517)         26846   04/12/2022   2210211   Saw/Veneer   Canarium               810   1068.502            31.9
Joinland Management         Joinland Management (PNG) Ltd   Lak TRP Project (TP 11643)               26841   13/12/2022   2210212   Saw/Veneer   Taun                  2200   2885.368            31.2
(PNG) Ltd
Viva Success Ltd            Viva Success Ltd                Central New Ireland LFA 16-01            26894   14/12/2022   2211088   Saw/Veneer   Taun                   645    841.287            30.4
Viva Success Ltd            Viva Success Ltd                Central New Ireland LFA 16-01            26823   14/12/2022   2210135   Saw/Veneer   Taun                  3000   3867.568            28.9
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd       Wawoi Guavi (10107)                      26835   02/12/2022   2210216   Saw/Veneer   PNG Walnut             350     450.47            28.7
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd       Wawoi Guavi (10107)                      26910   15/12/2022   2211098   Saw/Veneer   Group 2                500     641.85            28.4
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd           Rottock Bay Consolidated (FMA 61402)     26957   19/12/2022   2211109   Saw/Veneer   Kwila                  293    375.023            28.0
Woodbank Pacific Ltd        Woodbank Pacific Ltd            Kumil TP (11222)                         26799   07/12/2022   2210005   Saw/Veneer   Group 4           2304.107   2948.277            28.0
KK Connections Ltd          KK Connections Ltd              Utnari Land Agro-Forestry (FCA 71521)    26965   27/12/2022   2212054   Saw/Veneer   Terminalia             200    255.844            27.9
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd           Rottock Bay Consolidated (FMA 61402)     26957   19/12/2022   2211109   Saw/Veneer   Malas                  845   1069.581            26.6
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd      Ania Kapiura Consolidated (11452)        26903   14/12/2022   2211059   Saw/Veneer   Taun                   300    377.055            25.7
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd    Ania Kapiura Consolidated (11452)        26949   29/12/2022   2212013   Saw/Veneer   Burckella              250    312.982            25.2
Tutuman Development Ltd     Millionplus Corporation Ltd     Konoagil Inter.Agri.Proj. (FCA 71603)    26881   09/12/2022   2211032   Saw/Veneer   Erima             1193.385   1490.487            24.9
Joinland Management         Joinland Management (PNG) Ltd   Lak TRP Project (TP 11643)               26861   05/12/2022   2211018   Saw/Veneer   Group 3            256.564    319.369            24.5
(PNG) Ltd
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd           Rottock Bay Consolidated (FMA 61402)     26870   12/12/2022   2211035   Saw/Veneer   Dillenia              1700 2113.967              24.4
Viva Success Ltd            Viva Success Ltd                Central New Ireland LFA 16-01            26823   14/12/2022   2210135   Saw/Veneer   Group 4                200 248.584               24.3
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd    Ania Kapiura Consolidated (11452)        26949   29/12/2022   2212013   Saw/Veneer   Canarium               350   433.85              24.0
Vanimo Jaya Ltd             Vanimo Jaya Ltd                 Makapa Timber Area (10109)               26839   03/12/2022   2210224   Saw/Veneer   Dillenia               295 355.655               20.6
Canopus No. 16 Ltd          Canopus No. 16 Ltd              Wipim Tapila FMA (60110)                 26827   04/12/2022   2210150   Saw/Veneer   Group 4           2420.112 2914.373              20.4
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd           Rottock Bay Consolidated (FMA 61402)     26957   19/12/2022   2211109   Saw/Veneer   Taun                   254   300.99              18.5
Joinland Management         Joinland Management (PNG) Ltd   Lak TRP Project (TP 11643)               26880   09/12/2022   2211033   Saw/Veneer   Group 3             648.35 766.675               18.3
(PNG) Ltd
Musa Century Limited        Musa Century Limited            Lower Musa Agro, (FCA 70505)            26950    21/12/2022 2212021 Saw/Veneer       Group 2            442.928       523.495         18.2
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd           Rottock Bay Consolidated (FMA 61402) 26957       19/12/2022 2211109 Saw/Veneer       Group 3                480        566.88         18.1
KK Connections Ltd          KK Connections Ltd              Taraiwara(Ext) Agro Reforest.(FCA 71514 26925    03/12/2022 2211100 Saw/Veneer       Terminalia             700       824.529         17.8


 19- 5                                                                                                                                                        Report Number 19:    Page 5 of 13 pages

Page 119 screenshot
Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022             Continued

                                                                                                     SGS Date       Permit                      Species/          Permit Shipped Discrep-
Co. Grouping               Exporter                         Site                                   Ref No. Exported Number Grade                Group            Vol. (m3) Vol. (m3) ancy (%)

Pacific Region             Pacific Region Development Ltd Waterfall bay Extn CONS.TRP(TP 11555) 26892       19/12/2022 2211061 Saw/Veneer       Malas                   575      676.878         17.7
Development Ltd
Joinland Management        Joinland Management (PNG) Ltd Lak TRP Project (TP 11643)                 26923   12/12/2022 2211093 Saw/Veneer       Terminalia         244.727       285.588         16.7
(PNG) Ltd
Vanimo Jaya Ltd            Vanimo Jaya Ltd                  Makapa Timber Area (10109)            26839     03/12/2022   2210224   Saw/Veneer   Malas                  297     345.316           16.3
Woodbank Pacific Ltd       Woodbank Pacific Ltd             Kumil TP (11222)                      26799     07/12/2022   2210005   Saw/Veneer   Terminalia        1010.942    1173.812           16.1
Vanimo Jaya Ltd            Vanimo Jaya Ltd                  Makapa Timber Area (10109)            26839     03/12/2022   2210224   Saw/Veneer   Terminalia             495     570.926           15.3
Musa Century Limited       Musa Century Limited             Lower Musa Agro, (FCA 70505)          26893     02/12/2022   2211068   Saw/Veneer   Group 3            824.376     948.141           15.0
Rimbunan Hijau (PNG) Ltd   Niugini Lumber Merchants Ltd     Ania Kapiura Consolidated (11452)     26885     23/12/2022   2211063   Saw/Veneer   Calophyllum            400      459.04           14.8
Vanimo Jaya Ltd            Vanimo Jaya Ltd                  Makapa Timber Area (10109)            26839     03/12/2022   2210224   Saw/Veneer   PNG Mersawa            650     745.752           14.7
Green Point Limited        Green Point Limited              Ania Integrated Agri (FCA 71517)      26891     16/12/2022   2211050   Saw/Veneer   Burckella              550     629.227           14.4
Green Point Limited        Green Point Limited              Ania Integrated Agri (FCA 71517)      26846     04/12/2022   2210211   Saw/Veneer   Dillenia               550     628.313           14.2
Rimbunan Hijau (PNG) Ltd   Niugini Lumber Merchants Ltd     Ania Kapiura Consolidated (11452)     26885     23/12/2022   2211063   Saw/Veneer   Terminalia             600     682.649           13.8
Lucky 99 (PNG) Ltd         Lucky 99 (PNG) Ltd               Rakona/Aimorao Road No.1 (TA 13-279) 26905      12/12/2022   2211067   Saw/Veneer   Taun                 3203     3631.418           13.4
Green Point Limited        Green Point Limited              Ania Integrated Agri (FCA 71517)      26891     16/12/2022   2211050   Saw/Veneer   Taun                 1600     1811.353           13.2
Pacific Region             Pacific Region Development Ltd   Waterfall bay Extn CONS.TRP(TP 11555) 26892     19/12/2022   2211061   Saw/Veneer   Calophyllum          1400     1583.196           13.1
Development Ltd
Viva Success Ltd           Viva Success Ltd                 Central New Ireland LFA 16-01           26821   14/12/2022   2210136   Saw/Veneer   Pencil Cedar         1310 1469.871               12.2
Vanimo Jaya Ltd            Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)      26908   11/12/2022   2211087   Saw/Veneer   Taun              1160.076 1295.126              11.6
Viva Success Ltd           Viva Success Ltd                 Central New Ireland (11642)             26824   14/12/2022   2210134   Saw/Veneer   Group 4                700 781.256               11.6
Rimbunan Hijau (PNG) Ltd   Wawoi Guavi Timber Co Ltd        Wawoi Guavi (10107)                     26910   15/12/2022   2211098   Saw/Veneer   Pencil Cedar           400 440.014               10.0
Joinland Management        Joinland Management (PNG) Ltd    Lak TRP Project (TP 11643)              26841   13/12/2022   2210212   Saw/Veneer   Malas              1914.05 1715.519             -10.4
(PNG) Ltd
Cakara Alam (PNG) Ltd      Cakara Alam (PNG) Ltd         Rottock Bay Consolidated (FMA 61402)       26957   19/12/2022 2211109 Saw/Veneer       Canarium               647 579.817              -10.4
Joinland Management        Joinland Management (PNG) Ltd Lak TRP Project (TP 11643)                 26923   12/12/2022 2211093 Saw/Veneer       Taun              1257.249 1125.939             -10.4
(PNG) Ltd
Vanimo Jaya Ltd            Vanimo Jaya Ltd                Makapa Timber Area (10109)                26839   03/12/2022 2210224 Saw/Veneer       PNG Walnut              465      413.679        -11.0
Pacific Region             Pacific Region Development Ltd Gar Consolidated TRP (TP 11544)           26862   22/12/2022 2211014 Saw/Veneer       Terminalia              650      577.192        -11.2
Development Ltd
Green Point Limited        Green Point Limited              Ania Integrated Agri (FCA 71517)        26844   08/12/2022   2210210   Saw/Veneer   Group 3                550   485.47             -11.7
Golden Rise Investment     Golden Rise Investment Ltd       Raicoast TP (11218)                     26926   23/12/2022   2211101   Saw/Veneer   Kwila                  400 350.848              -12.3
Viva Success Ltd           Viva Success Ltd                 Central New Ireland LFA 16-01           26823   14/12/2022   2210135   Saw/Veneer   Pencil Cedar          3000 2626.953             -12.4
Cakara Alam (PNG) Ltd      Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)    26957   19/12/2022   2211109   Saw/Veneer   Terminalia             546   473.86             -13.2
Pacific Region             Pacific Region Development Ltd   Senbam Cons. (TP 11552)                 26898   29/12/2022   2211089   Saw/Veneer   Calophyllum           1750 1513.966             -13.5
Development Ltd


 19- 6                                                                                                                                                       Report Number 19:    Page 6 of 13 pages

Page 120 screenshot
Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022               Continued

                                                                                                       SGS Date       Permit                       Species/           Permit Shipped Discrep-
Co. Grouping                Exporter                         Site                                    Ref No. Exported Number Grade                 Group             Vol. (m3) Vol. (m3) ancy (%)

Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd   Ania Kapiura Consolidated (11452)           26885   23/12/2022 2211063 Saw/Veneer       Canarium                850 734.687              -13.6
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd          Rottock Bay Consolidated (FMA 61402)        26911   02/12/2022 2211096 Saw/Veneer       Calophyllum             300   255.36             -14.9
Pacific Region              Pacific Region Development Ltd Tokai Matong TRP (TP 11545)                 26859   22/12/2022 2211019 Saw/Veneer       Group 3                1350 1146.291             -15.1
Development Ltd
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                          26799   07/12/2022   2210005   Saw/Veneer   Pencil Cedar        287.346 243.933              -15.1
KK Connections Ltd          KK Connections Ltd               Utnari Land Agro-Forestry (FCA 71521)     26965   27/12/2022   2212054   Saw/Veneer   Group 2                 350 296.708              -15.2
Green Point Limited         Green Point Limited              Ania Integrated Agri (FCA 71517)          26846   04/12/2022   2210211   Saw/Veneer   Taun                  2100 1779.123              -15.3
KK Connections Ltd          KK Connections Ltd               Utnari Land Agro-Forestry (FCA 71521)     26955   22/12/2022   2212024   Saw/Veneer   Dillenia                300 254.069              -15.3
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                          26799   07/12/2022   2210005   Saw/Veneer   Group 2             953.192 806.884              -15.3
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)      26957   19/12/2022   2211109   Saw/Veneer   Group 4               1177 990.628               -15.8
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)      26813   26/12/2022   2210080   Saw/Veneer   Malas                 2650 2223.464              -16.1
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)         26904   14/12/2022   2211057   Saw/Veneer   Dillenia              1000   833.29              -16.7
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                          26931   16/12/2022   2211051   Saw/Veneer   PNG Walnut          550.592 458.032              -16.8
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)         26904   14/12/2022   2211057   Saw/Veneer   Malas                 1000 831.885               -16.8
Joinland Management         Joinland Management (PNG) Ltd    Lak TRP Project (TP 11643)                26973   30/12/2022   2212049   Saw/Veneer   Dillenia             305.88  251.93              -17.6
(PNG) Ltd
KK Connections Ltd          KK Connections Ltd               Mengen Integrated (FCA 71522)             26930   13/12/2022   2211111   Saw/Veneer   Group 4                607 499.083               -17.8
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Awio Amgen LFA (21409)                    26803   04/12/2022   2210024   Saw/Veneer   Taun                   500 410.319               -17.9
Green Point Limited         Green Point Limited              Ania Integrated Agri (FCA 71517)          26844   08/12/2022   2210210   Saw/Veneer   Malas                  400 327.565               -18.1
KK Connections Ltd          KK Connections Ltd               Taraiwara(Ext) Agro Reforest.(FCA 71514   26966   23/12/2022   2212059   Saw/Veneer   Taun                  3000 2456.593              -18.1
Musa Century Limited        Musa Century Limited             Lower Musa Agro, (FCA 70505)              26950   21/12/2022   2212021   Saw/Veneer   Pencil Cedar         333.25 271.852              -18.4
KK Connections Ltd          KK Connections Ltd               Mengen Integrated (FCA 71522)             26930   13/12/2022   2211111   Saw/Veneer   Group 3                574 466.653               -18.7
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01             26882   14/12/2022   2210225   Saw/Veneer   Pencil Cedar          1500 1218.011              -18.8
Pacific Region              Pacific Region Development Ltd   Gar Consolidated TRP (TP 11544)           26862   22/12/2022   2211014   Saw/Veneer   Taun                   350 283.298               -19.1
Development Ltd
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd        Wawoi Guavi (10107)                       26835   02/12/2022   2210216   Saw/Veneer   Pencil Cedar            550       442.712        -19.5
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)         26904   14/12/2022   2211057   Saw/Veneer   Terminalia              600        480.49        -19.9
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd        Wawoi Guavi (10107)                       26910   15/12/2022   2211098   Saw/Veneer   Group 3               1000         798.13        -20.2
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Awio Amgen LFA (21409)                    26803   04/12/2022   2210024   Saw/Veneer   Malas                   500       398.469        -20.3
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd        Wawoi Guavi (10107)                       26835   02/12/2022   2210216   Saw/Veneer   Calophyllum             250        196.91        -21.2
Joinland Management         Joinland Management (PNG) Ltd    Lak TRP Project (TP 11643)                26923   12/12/2022   2211093   Saw/Veneer   Dillenia            860.774       677.551        -21.3
(PNG) Ltd
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd     Wawoi Guavi (10107)                          26910   15/12/2022 2211098 Saw/Veneer       Malas                   200 155.199              -22.4
Joinland Management         Joinland Management (PNG) Ltd Lak TRP Project (TP 11643)                   26899   16/12/2022 2211091 Saw/Veneer       Taun               1576.717 1223.096             -22.4
(PNG) Ltd

 19- 7                                                                                                                                                           Report Number 19:    Page 7 of 13 pages

Page 121 screenshot
Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022                 Continued

                                                                                                         SGS Date       Permit                      Species/           Permit Shipped Discrep-
Co. Grouping                Exporter                         Site                                      Ref No. Exported Number Grade                Group             Vol. (m3) Vol. (m3) ancy (%)

Green Point Limited         Green Point Limited              Ania Integrated Agri (FCA 71517)           26844   08/12/2022   2210210   Saw/Veneer   Burckella               250 193.791              -22.5
Musa Century Limited        Musa Century Limited             Lower Musa Agro, (FCA 70505)               26893   02/12/2022   2211068   Saw/Veneer   Pencil Cedar           776.8 600.988             -22.6
Green Point Limited         Green Point Limited              Ania Integrated Agri (FCA 71517)           26844   08/12/2022   2210210   Saw/Veneer   Taun                   1000 766.439              -23.4
Rimbunan Hijau (PNG) Ltd    Wawoi Guavi Timber Co Ltd        Wawoi Guavi (10107)                        26835   02/12/2022   2210216   Saw/Veneer   Group 2                 820 626.571              -23.6
KK Connections Ltd          KK Connections Ltd               Taraiwara(Ext) Agro Reforest.(FCA 71514    26966   23/12/2022   2212059   Saw/Veneer   Pencil Cedar            200 152.005              -24.0
Green Point Limited         Green Point Limited              Ania Integrated Agri (FCA 71517)           26844   08/12/2022   2210210   Saw/Veneer   Dillenia                290 219.303              -24.4
Pacific Region              Pacific Region Development Ltd   Senbam Cons. (TP 11552)                    26898   29/12/2022   2211089   Saw/Veneer   Group 4                2000 1508.689             -24.6
Development Ltd
Green Point Limited         Green Point Limited            Ania Integrated Agri (FCA 71517)             26844   08/12/2022 2210210 Saw/Veneer       Calophyllum             720       542.974        -24.6
Pacific Region              Pacific Region Development Ltd Gar Consolidated TRP (TP 11544)              26862   22/12/2022 2211014 Saw/Veneer       Group 4                1400       1040.58        -25.7
Development Ltd
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd     Ania Kapiura Consolidated (11452)            26953   24/12/2022 2212012 Saw/Veneer       Group 4                 550        406.92        -26.0
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd     Ania Kapiura Consolidated (11452)            26904   14/12/2022 2211057 Saw/Veneer       Calophyllum            1000       737.723        -26.2
Pacific Region              Pacific Region Development Ltd Senbam Cons. (TP 11552)                      26898   29/12/2022 2211089 Saw/Veneer       Terminalia              580       427.875        -26.2
Development Ltd
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                           26931   16/12/2022   2211051   Saw/Veneer   Erima               175.859       129.404        -26.4
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01              26894   14/12/2022   2211088   Saw/Veneer   Kwila                   200       146.219        -26.9
Oro Wood Industry Ltd       Oro Wood Industry Ltd            Ifane Agro-Forest Project - (FCA 70503)    26985   31/12/2022   2212060   Saw/Veneer   Taun                    356       259.177        -27.2
Pacific Region              Pacific Region Development Ltd   Senbam Cons. (TP 11552)                    26898   29/12/2022   2211089   Saw/Veneer   Erima                   350       254.091        -27.4
Development Ltd
Lucky 99 (PNG) Ltd          Lucky Logging Limited            Semon (FCA 71302)                          26852   12/12/2022   2211020   Saw/Veneer   Group 4                 702       507.691        -27.7
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)       26813   26/12/2022   2210080   Saw/Veneer   Burckella               238       171.593        -27.9
Oro Wood Industry Ltd       Oro Wood Industry Ltd            Ifane Agro-Forest Project - (FCA 70503)    26909   11/12/2022   2211097   Saw/Veneer   Group 4             815.394       587.255        -28.0
KK Connections Ltd          KK Connections Ltd               Taraiwara(Ext) Agro Reforest.(FCA 71514    26966   23/12/2022   2212059   Saw/Veneer   Group 2                 450       320.043        -28.9
Musa Century Limited        Musa Century Limited             Lower Musa Agro, (FCA 70505)               26893   02/12/2022   2211068   Saw/Veneer   Group 2              551.67        388.29        -29.6
KK Connections Ltd          KK Connections Ltd               Utnari Land Agro-Forestry (FCA 71521)      26965   27/12/2022   2212054   Saw/Veneer   Canarium                285       199.438        -30.0
Green Point Limited         Green Point Limited              Ania Integrated Agri (FCA 71517)           26891   16/12/2022   2211050   Saw/Veneer   Canarium              1030        717.653        -30.3
Pacific Region              Pacific Region Development Ltd   Gar Consolidated TRP (TP 11544)            26862   22/12/2022   2211014   Saw/Veneer   Group 3                 220       153.068        -30.4
Development Ltd
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                           26931   16/12/2022   2211051   Saw/Veneer   Taun               3987.493 2758.739             -30.8
Golden Rise Investment      Golden Rise Investment Ltd       Raicoast TP (11218)                        26926   23/12/2022   2211101   Saw/Veneer   Group 4                 500 344.639              -31.1
Vanimo Jaya Ltd             Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)         26908   11/12/2022   2211087   Saw/Veneer   Pencil Cedar        278.089 189.657              -31.8
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                           26931   16/12/2022   2211051   Saw/Veneer   Group 4            2930.693 1994.766             -31.9
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Ania Kapiura Consolidated (11452)          26949   29/12/2022   2212013   Saw/Veneer   Calophyllum             500 334.067              -33.2
KK Connections Ltd          KK Connections Ltd               Taraiwara(Ext) Agro Reforest.(FCA 71514    26966   23/12/2022   2212059   Saw/Veneer   Canarium                280 185.129              -33.9

 19- 8                                                                                                                                                            Report Number 19:    Page 8 of 13 pages

Page 122 screenshot
Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022              Continued

                                                                                                   SGS Date       Permit                          Species/           Permit Shipped Discrep-
Co. Grouping               Exporter                         Site                                 Ref No. Exported Number Grade                    Group             Vol. (m3) Vol. (m3) ancy (%)

Joinland Management        Joinland Management (PNG) Ltd Lak TRP Project (TP 11643)                   26880   09/12/2022 2211033 Saw/Veneer       Burckella           119.561        78.916        -34.0
(PNG) Ltd
Rimbunan Hijau (PNG) Ltd   Niugini Lumber Merchants Ltd     Awio Amgen LFA (21409)                    26803   04/12/2022   2210024   Saw/Veneer   Canarium                150        98.898        -34.1
Green Point Limited        Green Point Limited              Ania Integrated Agri (FCA 71517)          26844   08/12/2022   2210210   Saw/Veneer   Pencil Cedar            240       158.175        -34.1
Green Point Limited        Green Point Limited              Ania Integrated Agri (FCA 71517)          26846   04/12/2022   2210211   Saw/Veneer   Group 2                 400       262.783        -34.3
Musa Century Limited       Musa Century Limited             Lower Musa Agro, (FCA 70505)              26950   21/12/2022   2212021   Saw/Veneer   Group 3             344.164       224.333        -34.8
Pacific Region             Pacific Region Development Ltd   Senbam Cons. (TP 11552)                   26898   29/12/2022   2211089   Saw/Veneer   Group 2                 250       162.937        -34.8
Development Ltd
Lucky Logging Limited      Wasu Resource Ltd              Wasu Cattle farm (FCA 13-03)                26907   13/12/2022 2211021 Saw/Veneer       Group 4                 902       587.744        -34.8
Pacific Region             Pacific Region Development Ltd Senbam Cons. (TP 11552)                     26898   29/12/2022 2211089 Saw/Veneer       Group 3                1000       649.236        -35.1
Development Ltd
Pacific Region             Pacific Region Development Ltd Waterfall bay Extn CONS.TRP(TP 11555) 26892         19/12/2022 2211061 Saw/Veneer       Planchonella             115       74.165        -35.5
Development Ltd
Woodbank Pacific Ltd       Woodbank Pacific Ltd             Kumil TP (11222)                          26931   16/12/2022   2211051   Saw/Veneer   Group 2             581.793       374.008        -35.7
Viva Success Ltd           Viva Success Ltd                 Central New Ireland (11642)               26824   14/12/2022   2210134   Saw/Veneer   Pencil Cedar            200       127.212        -36.4
Rimbunan Hijau (PNG) Ltd   Niugini Lumber Merchants Ltd     Asengseng Consolidated FMA (61401)        26802   04/12/2022   2210022   Saw/Veneer   Canarium              1100        697.479        -36.6
Pacific Region             Pacific Region Development Ltd   Senbam Cons. (TP 11552)                   26898   29/12/2022   2211089   Saw/Veneer   Canarium                585       366.951        -37.3
Development Ltd
Golden Rise Investment     Golden Rise Investment Ltd     Raicoast TP (11218)                         26926   23/12/2022 2211101 Saw/Veneer       Taun                   2000 1244.986             -37.8
Pacific Region             Pacific Region Development Ltd Senbam Cons. (TP 11552)                     26898   29/12/2022 2211089 Saw/Veneer       Lophopetallum           150   93.177             -37.9
Development Ltd                                                                                                                                   /Perupok
Green Point Limited        Green Point Limited              Ania Integrated Agri (FCA 71517)      26891       16/12/2022   2211050   Saw/Veneer   Terminalia              380    230.8             -39.3
Viva Success Ltd           Viva Success Ltd                 Central New Ireland LFA 16-01         26821       14/12/2022   2210136   Saw/Veneer   Group 3                 240 145.699              -39.3
Green Point Limited        Green Point Limited              Ania Integrated Agri (FCA 71517)      26846       04/12/2022   2210211   Saw/Veneer   Terminalia              450   267.51             -40.6
Pacific Region             Pacific Region Development Ltd   Waterfall bay Extn CONS.TRP(TP 11555) 26892       19/12/2022   2211061   Saw/Veneer   Group 4                3800 2254.332             -40.7
Development Ltd
Pacific Region             Pacific Region Development Ltd Tokai Matong TRP (TP 11545)                 26859   22/12/2022 2211019 Saw/Veneer       Terminalia               200      118.202        -40.9
Development Ltd
Rimbunan Hijau (PNG) Ltd   Niugini Lumber Merchants Ltd     Ania Kapiura Consolidated (11452)         26949   29/12/2022   2212013   Saw/Veneer   Group 4               1500        884.409        -41.0
Lucky 99 (PNG) Ltd         Lucky 99 (PNG) Ltd               Rakona/Aimorao Road No.1 (TA 13-279)      26905   12/12/2022   2211067   Saw/Veneer   Group 3                 155        89.571        -42.2
Oro Wood Industry Ltd      Oro Wood Industry Ltd            Ifane Agro-Forest Project - (FCA 70503)   26909   11/12/2022   2211097   Saw/Veneer   Kwila               232.935       134.154        -42.4
Rimbunan Hijau (PNG) Ltd   Niugini Lumber Merchants Ltd     Awio Amgen LFA (21409)                    26803   04/12/2022   2210024   Saw/Veneer   Calophyllum              50          28.6        -42.8
Viva Success Ltd           Viva Success Ltd                 Central New Ireland LFA 16-01             26894   14/12/2022   2211088   Saw/Veneer   Group 4                 500       285.656        -42.9
Continental Alliance Ltd   Continental Alliance Ltd         Wagana Wagasu Agro Forestry (FCA 710      26914   15/12/2022   2211078   Saw/Veneer   Group 4                  70        39.854        -43.1
Tutuman Development Ltd    Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)     26900   16/12/2022   2211090   Saw/Veneer   Terminalia          287.253       163.427        -43.1


 19- 9                                                                                                                                                          Report Number 19:    Page 9 of 13 pages

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Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022               Continued

                                                                                                       SGS Date       Permit                      Species/           Permit Shipped Discrep-
Co. Grouping                Exporter                         Site                                    Ref No. Exported Number Grade                Group             Vol. (m3) Vol. (m3) ancy (%)

Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                         26799   07/12/2022   2210005   Saw/Veneer   Planchonella        144.942        82.277         -43.2
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                         26799   07/12/2022   2210005   Saw/Veneer   Dillenia             25.975        14.649         -43.6
Tutuman Development Ltd     Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)    26881   09/12/2022   2211032   Saw/Veneer   Terminalia          615.789       344.792         -44.0
Pacific Region              Pacific Region Development Ltd   Senbam Cons. (TP 11552)                  26898   29/12/2022   2211089   Saw/Veneer   Burckella               150         83.01         -44.7
Development Ltd
Viva Success Ltd            Viva Success Ltd               Central New Ireland LFA 16-01              26894   14/12/2022 2211088 Saw/Veneer       Erima                    300      165.386         -44.9
Pacific Region              Pacific Region Development Ltd Senbam Cons. (TP 11552)                    26898   29/12/2022 2211089 Saw/Veneer       PNG Walnut               500      275.639         -44.9
Development Ltd
Pacific Region              Pacific Region Development Ltd Tokai Matong TRP (TP 11545)                26859   22/12/2022 2211019 Saw/Veneer       PNG Walnut                10        5.491         -45.1
Development Ltd
Joinland Management         Joinland Management (PNG) Ltd Lak TRP Project (TP 11643)                  26880   09/12/2022 2211033 Saw/Veneer       Group 4             970.575        532.13         -45.2
(PNG) Ltd
Viva Success Ltd            Viva Success Ltd              Central New Ireland LFA 16-01               26823   14/12/2022 2210135 Saw/Veneer       PNG Walnut               10         5.465         -45.4
Joinland Management         Joinland Management (PNG) Ltd Lak TRP Project (TP 11643)                  26899   16/12/2022 2211091 Saw/Veneer       Pencil Cedar         89.521        48.765         -45.5
(PNG) Ltd
Pacific Region              Pacific Region Development Ltd Gar Consolidated TRP (TP 11544)            26862   22/12/2022 2211014 Saw/Veneer       Canarium                  60       32.446         -45.9
Development Ltd
Pacific Region              Pacific Region Development Ltd Senbam Cons. (TP 11552)                    26863   07/12/2022 2211016 Saw/Veneer       Group 3                   50       26.871         -46.3
Development Ltd
Lucky Logging Limited       Wasu Resource Ltd                Wasu Cattle farm (FCA 13-03)            26907    13/12/2022   2211021   Saw/Veneer   Pencil Cedar             86        45.527         -47.1
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)       26953    24/12/2022   2212012   Saw/Veneer   Group 3                 550       289.361         -47.4
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Ania Kapiura Consolidated (11452)       26885    23/12/2022   2211063   Saw/Veneer   Dillenia               1100       576.112         -47.6
Oro Wood Industry Ltd       Oro Wood Industry Ltd            Ifane Agro-Forest Project - (FCA 70503) 26985    31/12/2022   2212060   Saw/Veneer   Group 4                 368       192.731         -47.6
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)       26903    14/12/2022   2211059   Saw/Veneer   Burckella               200       104.279         -47.9
Pacific Region              Pacific Region Development Ltd   Waterfall bay Extn CONS.TRP(TP 11555) 26892      19/12/2022   2211061   Saw/Veneer   Dillenia                 10         5.172         -48.3
Development Ltd
Tutuman Development Ltd     Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)    26881   09/12/2022   2211032   Saw/Veneer   Calophyllum         104.976        54.205         -48.4
Musa Century Limited        Musa Century Limited             Lower Musa Agro, (FCA 70505)             26893   02/12/2022   2211068   Saw/Veneer   Taun                175.671        90.619         -48.4
Tutuman Development Ltd     Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)    26900   16/12/2022   2211090   Saw/Veneer   Calophyllum          21.714        11.009         -49.3
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)     26867   18/12/2022   2211030   Saw/Veneer   Malas                   300       149.563         -50.1
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01            26894   14/12/2022   2211088   Saw/Veneer   Group 2                  50        24.885         -50.2
Vanimo Jaya Ltd             Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)       26908   11/12/2022   2211087   Saw/Veneer   Group 3            1573.787       780.125         -50.4
Joinland Management         Joinland Management (PNG) Ltd    Lak TRP Project (TP 11643)               26922   05/12/2022   2211094   Saw/Veneer   Calophyllum          278.92       136.403         -51.1
(PNG) Ltd
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Ania Kapiura Consolidated (11452)        26949   29/12/2022 2212013 Saw/Veneer       Group 3                  450      219.225         -51.3



 19- 10                                                                                                                                                         Report Number 19:    Page 10 of 13 pages

Page 124 screenshot
Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022                 Continued

                                                                                                         SGS Date       Permit                      Species/         Permit Shipped Discrep-
Co. Grouping                Exporter                         Site                                      Ref No. Exported Number Grade                Group           Vol. (m3) Vol. (m3) ancy (%)

Viva Success Ltd            Viva Success Ltd               Central New Ireland LFA 16-01                26823   14/12/2022 2210135 Saw/Veneer       Kwila                 400      193.601         -51.6
Pacific Region              Pacific Region Development Ltd Gar Consolidated TRP (TP 11544)              26862   22/12/2022 2211014 Saw/Veneer       Group 2               110        53.11         -51.7
Development Ltd
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Asengseng Consolidated FMA (61401)         26802   04/12/2022   2210022   Saw/Veneer   Burckella            100        48.127         -51.9
Canopus No. 16 Ltd          Canopus No. 16 Ltd               Wipim Tapila FMA (60110)                   26827   04/12/2022   2210150   Saw/Veneer   Pencil Cedar      49.857        23.742         -52.4
KK Connections Ltd          KK Connections Ltd               Utnari Land Agro-Forestry (FCA 71521)      26888   11/12/2022   2211070   Saw/Veneer   Group 4               64        30.235         -52.8
Summit Agriculture Ltd      Summit Agriculture Ltd           Angoram Intergrated (FCA 71104)            26916   15/12/2022   2211083   Saw/Veneer   Group 2               50        23.581         -52.8
Summit Agriculture Ltd      Summit Agriculture Ltd           Angoram Intergrated (FCA 71104)            26920   15/12/2022   2211085   Saw/Veneer   Group 2               50         23.57         -52.9
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                           26931   16/12/2022   2211051   Saw/Veneer   Planchonella     129.008        58.733         -54.5
Joinland Management         Joinland Management (PNG) Ltd    Lak TRP Project (TP 11643)                 26880   09/12/2022   2211033   Saw/Veneer   PNG Walnut        76.888        34.704         -54.9
(PNG) Ltd
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Awio Amgen LFA (21409)                     26803   04/12/2022   2210024   Saw/Veneer   Kwila                  20        8.964         -55.2
KK Connections Ltd          KK Connections Ltd               Mengen Integrated (FCA 71522)              26930   13/12/2022   2211111   Saw/Veneer   Planchonella           29       12.939         -55.4
Oro Wood Industry Ltd       Oro Wood Industry Ltd            Ifane Agro-Forest Project - (FCA 70503)    26985   31/12/2022   2212060   Saw/Veneer   Kwila                59.1        26.15         -55.8
Pacific Region              Pacific Region Development Ltd   Gar Consolidated TRP (TP 11544)            26862   22/12/2022   2211014   Saw/Veneer   Lophopetallum          80       34.841         -56.4
Development Ltd                                                                                                                                     /Perupok
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                           26799   07/12/2022 2210005 Saw/Veneer       Lophopetallum       5.459        2.296         -57.9
                                                                                                                                                    /Perupok
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01              26894   14/12/2022   2211088   Saw/Veneer   Burckella             20         8.223         -58.9
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)          26904   14/12/2022   2211057   Saw/Veneer   Burckella            300       121.847         -59.4
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Asengseng Consolidated FMA (61401)         26802   04/12/2022   2210022   Saw/Veneer   Taun                  80         32.38         -59.5
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)          26903   14/12/2022   2211059   Saw/Veneer   Terminalia           300       119.481         -60.2
Summit Agriculture Ltd      Summit Agriculture Ltd           Angoram Intergrated (FCA 71104)            26921   15/12/2022   2211082   Saw/Veneer   Group 2               50         19.53         -60.9
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Asengseng Consolidated FMA (61401)         26802   04/12/2022   2210022   Saw/Veneer   Group 3              200        76.579         -61.7
Joinland Management         Joinland Management (PNG) Ltd    Lak TRP Project (TP 11643)                 26899   16/12/2022   2211091   Saw/Veneer   Group 3          146.487        55.786         -61.9
(PNG) Ltd
Canopus No. 16 Ltd          Canopus No. 16 Ltd               Wipim Tapila FMA (60110)                   26827   04/12/2022   2210150   Saw/Veneer   Terminalia       216.481        81.835         -62.2
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01              26882   14/12/2022   2210225   Saw/Veneer   Kwila                300       110.805         -63.1
Vanimo Jaya Ltd             Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)         26908   11/12/2022   2211087   Saw/Veneer   PNG Walnut        104.83        37.585         -64.1
Musa Century Limited        Musa Century Limited             Lower Musa Agro, (FCA 70505)               26893   02/12/2022   2211068   Saw/Veneer   PNG Mersawa       624.64       223.058         -64.3
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Ania Kapiura Consolidated (11452)          26949   29/12/2022   2212013   Saw/Veneer   Group 2               50        17.295         -65.4
Vanimo Jaya Ltd             Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)         26908   11/12/2022   2211087   Saw/Veneer   Group 2          246.401          80.2         -67.5
Vanimo Jaya Ltd             Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)         26908   11/12/2022   2211087   Saw/Veneer   Dillenia         181.479         57.22         -68.5
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)          26953   24/12/2022   2212012   Saw/Veneer   Group 2              500        156.32         -68.7
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Asengseng Consolidated FMA (61401)         26802   04/12/2022   2210022   Saw/Veneer   Malas                250         73.24         -70.7

 19- 11                                                                                                                                                        Report Number 19:    Page 11 of 13 pages

Page 125 screenshot
Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022               Continued

                                                                                                       SGS Date       Permit                      Species/         Permit Shipped Discrep-
Co. Grouping                Exporter                         Site                                    Ref No. Exported Number Grade                Group           Vol. (m3) Vol. (m3) ancy (%)

Viva Success Ltd            Viva Success Ltd              Central New Ireland LFA 16-01               26882   14/12/2022 2210225 Saw/Veneer       Group 3              200        56.823         -71.6
Joinland Management         Joinland Management (PNG) Ltd Lak TRP Project (TP 11643)                  26922   05/12/2022 2211094 Saw/Veneer       Pencil Cedar     100.065         26.94         -73.1
(PNG) Ltd
Green Point Limited         Green Point Limited              Ania Integrated Agri (FCA 71517)         26846   04/12/2022   2210211   Saw/Veneer   Erima                 70         17.15         -75.5
Canopus No. 16 Ltd          Canopus No. 16 Ltd               Wipim Tapila FMA (60110)                 26827   04/12/2022   2210150   Saw/Veneer   Burckella         38.827         9.439         -75.7
Summit Agriculture Ltd      Summit Agriculture Ltd           Wewak/Turubu (FCA 71103)                 26919   15/12/2022   2211080   Saw/Veneer   Group 2               50         12.13         -75.7
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)     26911   02/12/2022   2211096   Saw/Veneer   Terminalia            30          7.26         -75.8
Tutuman Development Ltd     Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)    26881   09/12/2022   2211032   Saw/Veneer   PNG Walnut        43.985        10.451         -76.2
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Asengseng Consolidated FMA (61401)       26802   04/12/2022   2210022   Saw/Veneer   Planchonella          10         2.352         -76.5
Golden Rise Investment      Golden Rise Investment Ltd       Raicoast TP (11218)                      26926   23/12/2022   2211101   Saw/Veneer   Group 2              200        43.229         -78.4
Tutuman Development Ltd     Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)    26881   09/12/2022   2211032   Saw/Veneer   Burckella             50        10.538         -78.9
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Asengseng Consolidated FMA (61401)       26802   04/12/2022   2210022   Saw/Veneer   Group 4              900       181.969         -79.8
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01            26821   14/12/2022   2210136   Saw/Veneer   Group 2               20         4.003         -80.0
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01            26821   14/12/2022   2210136   Saw/Veneer   Dillenia              20         3.984         -80.1
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01            26882   14/12/2022   2210225   Saw/Veneer   Burckella             10         1.988         -80.1
Pacific Region              Pacific Region Development Ltd   Tokai Matong TRP (TP 11545)              26859   22/12/2022   2211019   Saw/Veneer   Malas                 30         5.845         -80.5
Development Ltd
Viva Success Ltd            Viva Success Ltd                 Central New Ireland LFA 16-01            26882   14/12/2022   2210225   Saw/Veneer   Group 2               50         9.134         -81.7
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Asengseng Consolidated FMA (61401)       26802   04/12/2022   2210022   Saw/Veneer   Terminalia           800       145.426         -81.8
Woodbank Pacific Ltd        Woodbank Pacific Ltd             Kumil TP (11222)                         26931   16/12/2022   2211051   Saw/Veneer   Burckella         14.917          2.59         -82.6
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Asengseng Consolidated FMA (61401)       26802   04/12/2022   2210022   Saw/Veneer   Pencil Cedar          90        15.506         -82.8
Tutuman Development Ltd     Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)    26881   09/12/2022   2211032   Saw/Veneer   Pencil Cedar      224.43        38.152         -83.0
Pacific Region              Pacific Region Development Ltd   Senbam Cons. (TP 11552)                  26898   29/12/2022   2211089   Saw/Veneer   Planchonella          75        12.495         -83.3
Development Ltd
Rimbunan Hijau (PNG) Ltd    Niugini Lumber Merchants Ltd     Asengseng Consolidated FMA (61401)       26802   04/12/2022 2210022 Saw/Veneer       Calophyllum            50        7.543         -84.9
CS Boss International Ltd   Stettin Bay Lumber Co. Ltd       Ania Kapiura Consolidated (11452)        26903   14/12/2022 2211059 Saw/Veneer       Lophopetallum          20        2.991         -85.0
                                                                                                                                                  /Perupok
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402)     26911   02/12/2022   2211096   Saw/Veneer   Erima                 50         6.699         -86.6
Vanimo Jaya Ltd             Sentawan (PNG) Ltd               DANFU Block 12,13,14,15&18 (11640)       26908   11/12/2022   2211087   Saw/Veneer   Burckella         12.211          1.61         -86.8
Tutuman Development Ltd     Millionplus Corporation Ltd      Konoagil Inter.Agri.Proj. (FCA 71603)    26900   16/12/2022   2211090   Saw/Veneer   Group 3           25.249         3.292         -87.0
Pacific Region              Pacific Region Development Ltd   Gar Consolidated TRP (TP 11544)          26862   22/12/2022   2211014   Saw/Veneer   Planchonella          60         7.105         -88.2
Development Ltd
Green Point Limited         Green Point Limited              Ania Integrated Agri (FCA 71517)     26891       16/12/2022 2211050 Saw/Veneer       Dillenia              560       65.293         -88.3
Continental Alliance Ltd    Continental Alliance Ltd         Wagana Wagasu Agro Forestry (FCA 710 26915       15/12/2022 2211079 Low Grade        Group 4                70        6.857         -90.2
Cakara Alam (PNG) Ltd       Cakara Alam (PNG) Ltd            Rottock Bay Consolidated (FMA 61402) 26867       18/12/2022 2211030 Saw/Veneer       Group 2               100        9.229         -90.8

 19- 12                                                                                                                                                      Report Number 19:    Page 12 of 13 pages

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Field163:
REPORT - Substantial Log Export Permit Discrepancies in Volumes Exported for December/2022            Continued

                                                                                                    SGS Date       Permit                      Species/        Permit Shipped Discrep-
Co. Grouping               Exporter                       Site                                    Ref No. Exported Number Grade                Group          Vol. (m3) Vol. (m3) ancy (%)

Cakara Alam (PNG) Ltd      Cakara Alam (PNG) Ltd          Rottock Bay Consolidated (FMA 61402)     26867   18/12/2022   2211030   Saw/Veneer   Group 4              100        6.105         -93.9
Tutuman Development Ltd    Millionplus Corporation Ltd    Konoagil Inter.Agri.Proj. (FCA 71603)    26881   09/12/2022   2211032   Saw/Veneer   Group 3           42.984         2.16         -95.0
Canopus No. 16 Ltd         Canopus No. 16 Ltd             Wipim Tapila FMA (60110)                 26827   04/12/2022   2210150   Saw/Veneer   Hekakoro          25.275        1.219         -95.2
Tutuman Development Ltd    Millionplus Corporation Ltd    Konoagil Inter.Agri.Proj. (FCA 71603)    26881   09/12/2022   2211032   Saw/Veneer   Canarium          66.987        2.817         -95.8
Rimbunan Hijau (PNG) Ltd   Niugini Lumber Merchants Ltd   Asengseng Consolidated FMA (61401)       26802   04/12/2022   2210022   Saw/Veneer   Group 2               90        3.723         -95.9
Tutuman Development Ltd    Millionplus Corporation Ltd    Konoagil Inter.Agri.Proj. (FCA 71603)    26900   16/12/2022   2211090   Saw/Veneer   Taun            2355.252        29.66         -98.7


Total Volume Exported Where Shipped Volumes have Major Discrepancies From Endorsed Volumes:                                                                          154,563.105




 19- 13                                                                                                                                                   Report Number 19:   Page 13 of 13 pages

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Field70:
Report - Monthly Document Delays for December / 2022
Date printed: 29/01/2023 3:02:47 pm

Co. Grouping                 Exporting Company                SGS Ref    Date LIR    Date Documents   Document Delay
                                                              Number     Recieved        Recieved      (No of days)

Active Forest Limited
                             Active Forest Limited
                                                               26941    19/12/2022   18 / 01 / 23           30

                             Number of Shipments / Av Delay      1                                         30.0

Number of Shipments / Av Delay                                   1                                         30.0

Aset Meriah (PNG) Ltd
                             Kulawood Limited
                                                               26848    12/12/2022   17 / 01 / 23           36
                                                               26876    12/12/2022   17 / 01 / 23           36

                             Number of Shipments / Av Delay      2                                         36.0

Number of Shipments / Av Delay                                   2                                         36.0

Cakara Alam (PNG) Ltd
                             Cakara Alam (PNG) Ltd
                                                               26845    23/12/2022   11 / 01 / 23           19
                                                               26911    23/12/2022   11 / 01 / 23           19
                                                               26853    21/12/2022   11 / 01 / 23           21
                                                               26825    21/12/2022   11 / 01 / 23           21
                                                               26810    22/12/2022   22 / 12 / 22            0
                                                               26809    16/12/2022   22 / 12 / 22            6
                                                               26791    22/12/2022   22 / 12 / 22            0
                                                               26788    16/12/2022   22 / 12 / 22            6
                                                               26781    16/12/2022   22 / 12 / 22            6
                                                               26854    19/12/2022   22 / 12 / 22            3

                             Number of Shipments / Av Delay     10                                         10.1

                             Tzen Niugini Ltd
                                                               26855    09/12/2022   29 / 12 / 22           20
                                                               26858    09/12/2022   29 / 12 / 22           20
                                                               26857    08/12/2022   29 / 12 / 22           21
                                                               26856    09/12/2022   29 / 12 / 22           20

                             Number of Shipments / Av Delay      4                                         20.3

Number of Shipments / Av Delay                                  14                                         13.0

Canopus No. 16 Ltd
                             Canopus No. 16 Ltd
                                                               26827    08/12/2022   31 / 01 / 23           54
                                                               26828    08/12/2022   31 / 01 / 23           54

                             Number of Shipments / Av Delay      2                                         54.0

Number of Shipments / Av Delay                                   2                                         54.0

Continental Alliance Ltd

Report Number 20:       Page 1 of 5 pages                                                                20- 1

Page 128 screenshot
Field70:
Report - Monthly Document Delays for December / 2022
Date printed: 29/01/2023 3:02:47 pm

Co. Grouping                 Exporting Company                SGS Ref    Date LIR    Date Documents   Document Delay
                                                              Number     Recieved        Recieved      (No of days)

                             Continental Alliance Ltd
                                                               26602    13/12/2022   12 / 01 / 23           30

                             Number of Shipments / Av Delay      1                                         30.0

Number of Shipments / Av Delay                                   1                                         30.0

East Papua Timber Resources Ltd
                        East Papua Timber Resources Ltd
                                                               26838    08/12/2022   12 / 12 / 22            4

                             Number of Shipments / Av Delay      1                                          4.0

Number of Shipments / Av Delay                                   1                                          4.0

Global Elite Ltd
                             Global Elite Ltd
                                                               26610    14/12/2022   12 / 01 / 23           29

                             Number of Shipments / Av Delay      1                                         29.0

Number of Shipments / Av Delay                                   1                                         29.0

Green Point Limited
                             Green Point Limited
                                                               26891    23/12/2022   17 / 01 / 23           25
                                                               26846    23/12/2022   17 / 01 / 23           25
                                                               26844    23/12/2022   17 / 01 / 23           25

                             Number of Shipments / Av Delay      3                                         25.0

Number of Shipments / Av Delay                                   3                                         25.0

Joinland Management (PNG) Ltd
                       Joinland Management (PNG) Ltd
                                                               26819    19/12/2022   23 / 12 / 22            4

                             Number of Shipments / Av Delay      1                                          4.0

Number of Shipments / Av Delay                                   1                                          4.0

KK Connections Ltd
                             KK Connections Ltd
                                                               26890    23/12/2022   29 / 12 / 22            6
                                                               26925    22/12/2022   29 / 12 / 22            7
                                                               26888    21/12/2022   22 / 12 / 22            1
                                                               26930    04/12/2022   13 / 01 / 23           40
                                                               26889    21/12/2022   23 / 12 / 22            2
                                                               26829    08/12/2022   08 / 12 / 22            0
                                                               26798    08/12/2022   08 / 12 / 22            0
                                                               26818    08/12/2022   08 / 12 / 22            0
                                                               26879    29/12/2022   03 / 01 / 23            5

Report Number 20:       Page 2 of 5 pages                                                                20- 2

Page 129 screenshot
Field70:
Report - Monthly Document Delays for December / 2022
Date printed: 29/01/2023 3:02:47 pm

Co. Grouping                 Exporting Company                SGS Ref    Date LIR    Date Documents   Document Delay
                                                              Number     Recieved        Recieved      (No of days)

                                                               26817    08/12/2022   08 / 12 / 22            0

                             Number of Shipments / Av Delay     10                                          6.1

                             KL Connections Ltd
                                                               26780    12/12/2022   13 / 12 / 22            1

                             Number of Shipments / Av Delay      1                                          1.0

Number of Shipments / Av Delay                                  11                                          5.6

Lucky 99 (PNG) Ltd
                             Lucky 99 (PNG) Ltd
                                                               26905    29/12/2022   27 / 02 / 23           60

                             Number of Shipments / Av Delay      1                                         60.0

                             Lucky Logging Limited
                                                               26852    29/12/2022   20 / 02 / 23           53

                             Number of Shipments / Av Delay      1                                         53.0

Number of Shipments / Av Delay                                   2                                         56.5

Milton Limited
                             Milton Ltd
                                                               26878    22/12/2022   14 / 02 / 23           54
                                                               26877    21/12/2022   14 / 02 / 23           55
                                                               26849    20/12/2022   14 / 02 / 23           56
                                                               26850    22/12/2022   14 / 02 / 23           54

                             Number of Shipments / Av Delay      4                                         54.8

Number of Shipments / Av Delay                                   4                                         54.8

Open Bay Timber Ltd
                             Open Bay Timber Ltd
                                                               26796    12/12/2022   06 / 01 / 23           25

                             Number of Shipments / Av Delay      1                                         25.0

Number of Shipments / Av Delay                                   1                                         25.0

Oro Wood Industry Ltd
                             Oro Wood Industry Ltd
                                                               26909    19/12/2022   22 / 02 / 23           65

                             Number of Shipments / Av Delay      1                                         65.0

Number of Shipments / Av Delay                                   1                                         65.0

Pacific Region Development Ltd
                        Pacific Region Development Ltd
                                                               26863    19/12/2022   17 / 01 / 23           29


Report Number 20:       Page 3 of 5 pages                                                                20- 3

Page 130 screenshot
Field70:
Report - Monthly Document Delays for December / 2022
Date printed: 29/01/2023 3:02:47 pm

Co. Grouping                 Exporting Company                SGS Ref    Date LIR    Date Documents   Document Delay
                                                              Number     Recieved        Recieved      (No of days)

                                                               26864    19/12/2022   17 / 01 / 23           29

                             Number of Shipments / Av Delay      2                                         29.0

Number of Shipments / Av Delay                                   2                                         29.0

PJ Plantation Limited
                             PJ Plantation Limited
                                                               26869    12/12/2022   13 / 12 / 22            1
                                                               26868    12/12/2022   13 / 12 / 22            1

                             Number of Shipments / Av Delay      2                                          1.0

Number of Shipments / Av Delay                                   2                                          1.0

PL Connection Ltd
                             PL Connection Ltd
                                                               26204    21/12/2022   19 / 01 / 22         -336
                                                               26831    21/12/2022   28 / 12 / 22            7
                                                               26830    22/12/2022   28 / 12 / 22            6

                             Number of Shipments / Av Delay      3                                       -107.7

Number of Shipments / Av Delay                                   3                                       -107.7

Summit Agriculture Ltd
                             Summit Agriculture Ltd
                                                               26872    14/12/2022   12 / 01 / 23           29
                                                               26735    13/12/2022   11 / 01 / 23           29
                                                               26875    13/12/2022   12 / 01 / 23           30
                                                               26774    14/12/2022   12 / 01 / 23           29

                             Number of Shipments / Av Delay      4                                         29.3

Number of Shipments / Av Delay                                   4                                         29.3

Sunland Limited
                             Sunland Limited
                                                               26714    12/12/2022   13 / 12 / 22            1

                             Number of Shipments / Av Delay      1                                          1.0

Number of Shipments / Av Delay                                   1                                          1.0

Tutuman Development Ltd
                             Millionplus Corporation Ltd
                                                               26834    19/12/2022   28 / 12 / 22            9
                                                               26820    23/12/2022   28 / 12 / 22            5
                                                               26840    20/12/2022   06 / 01 / 23           17

                             Number of Shipments / Av Delay      3                                         10.3



Report Number 20:       Page 4 of 5 pages                                                                20- 4

Page 131 screenshot
Field70:
Report - Monthly Document Delays for December / 2022
Date printed: 29/01/2023 3:02:47 pm

Co. Grouping                 Exporting Company                SGS Ref    Date LIR    Date Documents   Document Delay
                                                              Number     Recieved        Recieved      (No of days)

Number of Shipments / Av Delay                                   3                                         10.3

Vanimo Jaya Ltd
                             Sentawan (PNG) Ltd
                                                               26908    29/12/2022   18 / 01 / 23           20

                             Number of Shipments / Av Delay      1                                         20.0

                             Vanimo Jaya Ltd
                                                               26839    14/12/2022   19 / 12 / 22            5

                             Number of Shipments / Av Delay      1                                          5.0

Number of Shipments / Av Delay                                   2                                         12.5

Viva Success Ltd
                             Viva Success Ltd
                                                               26824    23/12/2022   18 / 01 / 23           26
                                                               26823    20/12/2022   15 / 02 / 23           57
                                                               26882    20/12/2022   15 / 02 / 23           57
                                                               26894    20/12/2022   15 / 02 / 23           57
                                                               26896    19/12/2022   18 / 01 / 23           30
                                                               26895    19/12/2022   18 / 01 / 23           30
                                                               26822    19/12/2022   28 / 12 / 22            9
                                                               26821    19/12/2022   23 / 12 / 22            4

                             Number of Shipments / Av Delay      8                                         33.8

Number of Shipments / Av Delay                                   8                                         33.8

Woodbank Pacific Ltd
                             Woodbank Pacific Ltd
                                                               26847    08/12/2022   06 / 01 / 23           29

                             Number of Shipments / Av Delay      1                                         29.0

Number of Shipments / Av Delay                                   1                                         29.0



Monthly Number of Shipments / Average Delay                     71                                         17.3




Report Number 20:       Page 5 of 5 pages                                                                20- 5

Page 132 screenshot
  Log Export Average Prices by Log Grades, Groups and
   Species and by Log Exporter Parent Companies, for
                    December - 2022
Date printed: 29/01/2023 3:02:54 pm



Grade / Species Group / Species                      Company/Group             Ave FOB USD/m3 Volume, m3

 Saw/Veneer Group 1 Burckella
  Mean Company FOB Price:               81.68 USD/m3; Range:   75.05 - 90.00   USD/m3

                                                      Continental Alliance Ltd          90.00      43.011
                                                      Oro Wood Industry Ltd             90.00     228.455
                                                      Green Point Limited               85.00   1,441.071
                                                      Cakara Alam (PNG) Ltd             81.11     772.896
                                                      CS Boss International Ltd         80.00     405.363
                                                      Canopus No. 16 Ltd                80.00       9.439
                                                      Joinland Management (PNG) Ltd     80.00   1,143.779
                                                      Rimbunan Hijau (PNG) Ltd          80.00   1,036.577
                                                      Tutuman Development Ltd           80.00      10.538
                                                      Viva Success Ltd                  80.00      10.211
                                                      Woodbank Pacific Ltd              80.00      20.417
                                                      Pacific Region Development Ltd    80.00     333.988
                                                      KK Connections Ltd                77.20     109.402
                                                      Vanimo Jaya Ltd                   75.05     166.328




Report Number 21:       Page 1 of 11 pages                                                         21- 1

Page 133 screenshot
Grade / Species Group / Species                  Company/Group             Ave FOB USD/m3 Volume, m3

Saw/Veneer Group 1 Calophyllum
 Mean Company FOB Price: 100.10 USD/m3; Range:             91.46 - 110.00 USD/m3
                                                  Oro Wood Industry Ltd             110.00      42.723
                                                  Summit Agriculture Ltd            110.00      20.426
                                                  Green Point Limited               105.00   4,055.730
                                                  Cakara Alam (PNG) Ltd             100.00   5,050.772
                                                  Canopus No. 16 Ltd                100.00      62.884
                                                  CS Boss International Ltd         100.00   1,710.384
                                                  Musa Century Limited              100.00       2.377
                                                  Woodbank Pacific Ltd              100.00      24.899
                                                  Lucky 99 (PNG) Ltd                100.00      22.771
                                                  Pacific Region Development Ltd    100.00   3,576.787
                                                  Rimbunan Hijau (PNG) Ltd          100.00   1,178.159
                                                  Viva Success Ltd                  100.00   6,192.632
                                                  KK Connections Ltd                 96.57   2,828.207
                                                  Joinland Management (PNG) Ltd      95.00     375.048
                                                  Tutuman Development Ltd            95.00      74.820
                                                  Vanimo Jaya Ltd                    91.46     745.744


Saw/Veneer Group 1 Dillenia
 Mean Company FOB Price:            79.95 USD/m3; Range:   75.69 - 90.00   USD/m3

                                                  Global Elite Ltd                   90.00       9.951
                                                  Green Point Limited                85.00     912.909
                                                  Cakara Alam (PNG) Ltd              80.00   3,395.446
                                                  CS Boss International Ltd          80.00   1,292.259
                                                  Joinland Management (PNG) Ltd      80.00   3,265.788
                                                  Oro Wood Industry Ltd              80.00     126.986
                                                  Pacific Region Development Ltd     80.00   1,088.115
                                                  Tutuman Development Ltd            80.00     506.708
                                                  Viva Success Ltd                   80.00     270.985
                                                  Woodbank Pacific Ltd               80.00      14.649
                                                  Rimbunan Hijau (PNG) Ltd           80.00   3,897.620
                                                  KK Connections Ltd                 77.80   1,731.183
                                                  Vanimo Jaya Ltd                    75.69     412.875




Report Number 21:   Page 2 of 11 pages                                                          21- 2

Page 134 screenshot
Grade / Species Group / Species                  Company/Group             Ave FOB USD/m3 Volume, m3

Saw/Veneer Group 1 Erima
 Mean Company FOB Price:            79.23 USD/m3; Range:   76.90 - 90.00   USD/m3

                                                  Summit Agriculture Ltd            90.00      39.559
                                                  Oro Wood Industry Ltd             90.00      64.644
                                                  Green Point Limited               85.00     110.105
                                                  Cakara Alam (PNG) Ltd             80.00       6.699
                                                  Joinland Management (PNG) Ltd     80.00     505.216
                                                  Lucky 99 (PNG) Ltd                80.00     390.361
                                                  Lucky Logging Limited             80.00     133.492
                                                  Musa Century Limited              80.00     188.485
                                                  Pacific Region Development Ltd    80.00   1,090.524
                                                  Rimbunan Hijau (PNG) Ltd          80.00     355.494
                                                  Tutuman Development Ltd           80.00   1,490.487
                                                  Woodbank Pacific Ltd              80.00     394.514
                                                  Viva Success Ltd                  80.00     275.427
                                                  Vanimo Jaya Ltd                   78.98     937.520
                                                  KK Connections Ltd                76.90   2,249.096


Saw/Veneer Group 1 Grey Canarium
 Mean Company FOB Price:            80.54 USD/m3; Range:   76.36 - 85.00   USD/m3

                                                  Green Point Limited               85.00    606.646
                                                  Joinland Management (PNG) Ltd     80.00     62.991
                                                  Cakara Alam (PNG) Ltd             80.00    199.404
                                                  Canopus No. 16 Ltd                80.00      5.189
                                                  Golden Rise Investment Ltd        80.00     34.605
                                                  Lucky 99 (PNG) Ltd                80.00     40.308
                                                  Lucky Logging Limited             80.00     25.144
                                                  Musa Century Limited              80.00    103.484
                                                  Pacific Region Development Ltd    80.00    300.151
                                                  Rimbunan Hijau (PNG) Ltd          80.00    204.815
                                                  Woodbank Pacific Ltd              80.00     27.870
                                                  Viva Success Ltd                  80.00     98.087
                                                  KK Connections Ltd                78.75    379.660
                                                  Vanimo Jaya Ltd                   76.36    341.473


Saw/Veneer Group 1 Hekakoro
 Mean Company FOB Price:            75.65 USD/m3; Range:   75.00 - 90.00   USD/m3

                                                  Oro Wood Industry Ltd             90.00      1.595
                                                  Lucky 99 (PNG) Ltd                80.00      3.990
                                                  Canopus No. 16 Ltd                80.00      1.219
                                                  Vanimo Jaya Ltd                   75.00     70.053




Report Number 21:   Page 3 of 11 pages                                                         21- 3

Page 135 screenshot
Grade / Species Group / Species                  Company/Group             Ave FOB USD/m3 Volume, m3

Saw/Veneer Group 1 Kwila
 Mean Company FOB Price: 254.44 USD/m3; Range: 240.00 - 270.00 USD/m3

                                                  Continental Alliance Ltd          270.00      261.659
                                                  Global Elite Ltd                  270.00      128.165
                                                  Green Point Limited               270.00      228.312
                                                  Summit Agriculture Ltd            270.00      207.324
                                                  Pacific Region Development Ltd    265.00      106.283
                                                  Rimbunan Hijau (PNG) Ltd          265.00        8.964
                                                  Cakara Alam (PNG) Ltd             260.00      375.023
                                                  Oro Wood Industry Ltd             260.00      160.304
                                                  Woodbank Pacific Ltd              260.00    2,976.911
                                                  Amanab 56 Timber Investments      253.13   19,143.954
                                                  Ltd
                                                  Viva Success Ltd                  253.04     655.270
                                                  Golden Rise Investment Ltd        250.00     350.848
                                                  Joinland Management (PNG) Ltd     250.00      47.691
                                                  Musa Century Limited              250.00     704.743
                                                  Lucky 99 (PNG) Ltd                242.96      75.783
                                                  Lucky Logging Limited             240.00     123.890


Saw/Veneer Group 1 Lophopetallum/Perupok
 Mean Company FOB Price:            80.26 USD/m3; Range:   76.15 - 90.00   USD/m3

                                                  Oro Wood Industry Ltd              90.00       4.054
                                                  Green Point Limited                85.00     223.907
                                                  Rimbunan Hijau (PNG) Ltd           80.00     117.463
                                                  Cakara Alam (PNG) Ltd              80.00       7.592
                                                  CS Boss International Ltd          80.00       2.991
                                                  Lucky 99 (PNG) Ltd                 80.00       4.916
                                                  Musa Century Limited               80.00      58.820
                                                  Pacific Region Development Ltd     80.00     196.481
                                                  Viva Success Ltd                   80.00       8.527
                                                  Woodbank Pacific Ltd               80.00      16.204
                                                  KK Connections Ltd                 76.35     122.376
                                                  Vanimo Jaya Ltd                    76.15     126.246




Report Number 21:   Page 4 of 11 pages                                                           21- 4

Page 136 screenshot
Grade / Species Group / Species                  Company/Group             Ave FOB USD/m3 Volume, m3

Saw/Veneer Group 1 Malas
 Mean Company FOB Price:            81.39 USD/m3; Range:   75.00 - 90.00   USD/m3

                                                  Continental Alliance Ltd           90.00      47.387
                                                  Global Elite Ltd                   90.00      19.637
                                                  Oro Wood Industry Ltd              90.00       8.320
                                                  Summit Agriculture Ltd             90.00     132.713
                                                  Green Point Limited                85.00   2,692.938
                                                  Cakara Alam (PNG) Ltd              82.74   4,057.917
                                                  Rimbunan Hijau (PNG) Ltd           80.00   1,312.945
                                                  Canopus No. 16 Ltd                 80.00      60.248
                                                  CS Boss International Ltd          80.00   1,894.579
                                                  Joinland Management (PNG) Ltd      80.00   2,441.924
                                                  Musa Century Limited               80.00     230.431
                                                  Pacific Region Development Ltd     80.00     962.045
                                                  Woodbank Pacific Ltd               80.00     435.822
                                                  KK Connections Ltd                 78.74   1,718.660
                                                  Vanimo Jaya Ltd                    75.00     345.316


Saw/Veneer Group 1 Pencil Cedar
 Mean Company FOB Price:            99.27 USD/m3; Range:   83.71 - 110.00 USD/m3
                                                  Oro Wood Industry Ltd             110.00     104.595
                                                  Global Elite Ltd                  110.00      13.059
                                                  Summit Agriculture Ltd            110.00     115.411
                                                  Continental Alliance Ltd          110.00      29.587
                                                  Green Point Limited               105.00   1,196.049
                                                  Canopus No. 16 Ltd                100.00      23.742
                                                  CS Boss International Ltd         100.00     327.363
                                                  Pacific Region Development Ltd    100.00     616.512
                                                  Lucky 99 (PNG) Ltd                100.00      20.831
                                                  Lucky Logging Limited             100.00      45.527
                                                  Musa Century Limited              100.00     872.840
                                                  Woodbank Pacific Ltd              100.00     506.660
                                                  Rimbunan Hijau (PNG) Ltd          100.00   1,037.613
                                                  Viva Success Ltd                  100.00   6,469.989
                                                  KK Connections Ltd                 96.68     715.883
                                                  Joinland Management (PNG) Ltd      95.00     289.998
                                                  Tutuman Development Ltd            95.00     147.394
                                                  Vanimo Jaya Ltd                    92.09     907.905
                                                  Cakara Alam (PNG) Ltd              83.71     424.984


Saw/Veneer Group 1 PNG Mersawa
 Mean Company FOB Price:            87.66 USD/m3; Range:   80.00 - 90.00   USD/m3

                                                  Oro Wood Industry Ltd              90.00   2,575.237
                                                  Vanimo Jaya Ltd                    90.00     745.752
                                                  Musa Century Limited               80.00     720.433
                                                  Rimbunan Hijau (PNG) Ltd           80.00     296.602



Report Number 21:   Page 5 of 11 pages                                                          21- 5

Page 137 screenshot
Grade / Species Group / Species                  Company/Group             Ave FOB USD/m3 Volume, m3

Saw/Veneer Group 1 PNG Walnut
 Mean Company FOB Price:            79.71 USD/m3; Range:   75.42 - 90.00   USD/m3

                                                  Continental Alliance Ltd          90.00      34.062
                                                  Global Elite Ltd                  90.00      10.746
                                                  Oro Wood Industry Ltd             90.00      58.984
                                                  Summit Agriculture Ltd            90.00     123.469
                                                  Cakara Alam (PNG) Ltd             80.00       8.638
                                                  Golden Rise Investment Ltd        80.00     185.346
                                                  Joinland Management (PNG) Ltd     80.00     105.454
                                                  Lucky 99 (PNG) Ltd                80.00      82.236
                                                  Lucky Logging Limited             80.00     214.660
                                                  Musa Century Limited              80.00     446.376
                                                  Pacific Region Development Ltd    80.00     350.249
                                                  Rimbunan Hijau (PNG) Ltd          80.00     782.921
                                                  Tutuman Development Ltd           80.00      47.977
                                                  Viva Success Ltd                  80.00       5.465
                                                  Woodbank Pacific Ltd              80.00   1,304.307
                                                  KK Connections Ltd                76.42     440.709
                                                  Vanimo Jaya Ltd                   75.42     451.264


Saw/Veneer Group 1 Red Canarium
 Mean Company FOB Price:            80.43 USD/m3; Range:   75.00 - 90.00   USD/m3

                                                  Continental Alliance Ltd          90.00      46.965
                                                  Global Elite Ltd                  90.00      15.581
                                                  Oro Wood Industry Ltd             90.00     153.732
                                                  Summit Agriculture Ltd            90.00     145.669
                                                  Green Point Limited               85.00   1,845.085
                                                  Musa Century Limited              80.00      46.452
                                                  Rimbunan Hijau (PNG) Ltd          80.00   2,541.451
                                                  Cakara Alam (PNG) Ltd             80.00     395.659
                                                  Canopus No. 16 Ltd                80.00       3.732
                                                  CS Boss International Ltd         80.00     296.421
                                                  Golden Rise Investment Ltd        80.00      20.828
                                                  Lucky 99 (PNG) Ltd                80.00      20.296
                                                  Lucky Logging Limited             80.00       7.304
                                                  Pacific Region Development Ltd    80.00     445.217
                                                  Tutuman Development Ltd           80.00      84.575
                                                  Viva Success Ltd                  80.00     257.057
                                                  Woodbank Pacific Ltd              80.00   1,254.350
                                                  Joinland Management (PNG) Ltd     80.00     449.566
                                                  KK Connections Ltd                77.39     555.434
                                                  Vanimo Jaya Ltd                   75.00   1,422.863




Report Number 21:   Page 6 of 11 pages                                                         21- 6

Page 138 screenshot
Grade / Species Group / Species                  Company/Group             Ave FOB USD/m3 Volume, m3

Saw/Veneer Group 1 Red Planchonella
 Mean Company FOB Price:            79.76 USD/m3; Range:   78.04 - 90.00   USD/m3

                                                  Oro Wood Industry Ltd              90.00     16.181
                                                  Green Point Limited                85.00     31.263
                                                  Canopus No. 16 Ltd                 80.00     33.039
                                                  Golden Rise Investment Ltd         80.00     32.807
                                                  Lucky 99 (PNG) Ltd                 80.00     39.654
                                                  Musa Century Limited               80.00     98.930
                                                  Pacific Region Development Ltd     80.00     29.808
                                                  Rimbunan Hijau (PNG) Ltd           80.00     33.184
                                                  Woodbank Pacific Ltd               80.00    137.695
                                                  CS Boss International Ltd          80.00      3.574
                                                  Vanimo Jaya Ltd                    78.04    248.312


Saw/Veneer Group 1 Taun
 Mean Company FOB Price:            98.94 USD/m3; Range:   90.00 - 110.00 USD/m3
                                                  Continental Alliance Ltd          110.00      28.423
                                                  Global Elite Ltd                  110.00       8.163
                                                  Summit Agriculture Ltd            110.00     127.246
                                                  Oro Wood Industry Ltd             110.00   1,226.518
                                                  Green Point Limited               105.00   4,356.915
                                                  Cakara Alam (PNG) Ltd             100.00     512.743
                                                  Canopus No. 16 Ltd                100.00      62.055
                                                  CS Boss International Ltd         100.00   1,953.698
                                                  Golden Rise Investment Ltd        100.00   1,244.986
                                                  Musa Century Limited              100.00     223.265
                                                  Pacific Region Development Ltd    100.00   9,441.268
                                                  Rimbunan Hijau (PNG) Ltd          100.00   2,990.368
                                                  Tutuman Development Ltd           100.00      40.084
                                                  Viva Success Ltd                  100.00   6,087.708
                                                  Woodbank Pacific Ltd              100.00   7,229.117
                                                  Joinland Management (PNG) Ltd      98.07   7,485.681
                                                  KK Connections Ltd                 97.25   8,635.986
                                                  Vanimo Jaya Ltd                    93.56   3,634.271
                                                  Lucky 99 (PNG) Ltd                 90.00   3,631.418




Report Number 21:   Page 7 of 11 pages                                                          21- 7

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Grade / Species Group / Species                  Company/Group             Ave FOB USD/m3 Volume, m3

Saw/Veneer Group 1 Terminalia
 Mean Company FOB Price:            79.97 USD/m3; Range:   76.99 - 90.00   USD/m3

                                                  Continental Alliance Ltd          90.00      73.718
                                                  Global Elite Ltd                  90.00      26.403
                                                  Oro Wood Industry Ltd             90.00      40.102
                                                  Summit Agriculture Ltd            90.00     260.958
                                                  Green Point Limited               85.00     774.397
                                                  Cakara Alam (PNG) Ltd             80.00     481.120
                                                  Canopus No. 16 Ltd                80.00      81.835
                                                  CS Boss International Ltd         80.00     752.443
                                                  Golden Rise Investment Ltd        80.00      91.415
                                                  Joinland Management (PNG) Ltd     80.00     586.324
                                                  Lucky 99 (PNG) Ltd                80.00      78.042
                                                  Lucky Logging Limited             80.00     355.541
                                                  Musa Century Limited              80.00   1,495.834
                                                  Rimbunan Hijau (PNG) Ltd          80.00   2,056.277
                                                  Tutuman Development Ltd           80.00     481.398
                                                  Viva Success Ltd                  80.00     927.615
                                                  Woodbank Pacific Ltd              80.00   2,832.764
                                                  Pacific Region Development Ltd    80.00   2,078.417
                                                  KK Connections Ltd                77.21   1,968.777
                                                  Vanimo Jaya Ltd                   76.99     946.911


Saw/Veneer Group 1 White Planchonella
 Mean Company FOB Price:            80.10 USD/m3; Range:   75.88 - 85.00   USD/m3

                                                  Green Point Limited               85.00     86.956
                                                  CS Boss International Ltd         80.00      4.620
                                                  Golden Rise Investment Ltd        80.00      6.331
                                                  Lucky 99 (PNG) Ltd                80.00     23.514
                                                  Lucky Logging Limited             80.00    102.305
                                                  Musa Century Limited              80.00     72.330
                                                  Pacific Region Development Ltd    80.00    145.440
                                                  Rimbunan Hijau (PNG) Ltd          80.00    101.252
                                                  Viva Success Ltd                  80.00      3.922
                                                  Woodbank Pacific Ltd              80.00      3.315
                                                  Vanimo Jaya Ltd                   78.34     38.972
                                                  KK Connections Ltd                75.88     73.849




Report Number 21:   Page 8 of 11 pages                                                         21- 8

Page 140 screenshot
Grade / Species Group / Species                  Company/Group             Ave FOB USD/m3 Volume, m3

Saw/Veneer Group 2
 Mean Company FOB Price:            68.78 USD/m3; Range:   59.47 - 80.00   USD/m3

                                                  Continental Alliance Ltd          80.00      91.477
                                                  Global Elite Ltd                  80.00      29.588
                                                  Summit Agriculture Ltd            80.00     141.695
                                                  Oro Wood Industry Ltd             80.00     446.347
                                                  Cakara Alam (PNG) Ltd             75.00     228.967
                                                  Lucky 99 (PNG) Ltd                75.00     151.755
                                                  Green Point Limited               75.00     942.656
                                                  CS Boss International Ltd         70.00     695.352
                                                  Active Forest Limited             70.00     753.846
                                                  Canopus No. 16 Ltd                70.00     288.901
                                                  Woodbank Pacific Ltd              70.00   1,180.892
                                                  Golden Rise Investment Ltd        70.00      43.229
                                                  Lucky Logging Limited             70.00     312.104
                                                  Musa Century Limited              70.00     911.785
                                                  Rimbunan Hijau (PNG) Ltd          70.00   1,556.804
                                                  Tutuman Development Ltd           70.00     125.838
                                                  Viva Success Ltd                  70.00      52.233
                                                  Pacific Region Development Ltd    70.00   1,574.896
                                                  KK Connections Ltd                67.51   5,142.617
                                                  Joinland Management (PNG) Ltd     67.49   1,106.265
                                                  Vanimo Jaya Ltd                   59.47   1,866.980


Saw/Veneer Group 3
 Mean Company FOB Price:            65.02 USD/m3; Range:   57.12 - 75.00   USD/m3

                                                  Summit Agriculture Ltd            75.00     750.391
                                                  Continental Alliance Ltd          75.00     183.841
                                                  Global Elite Ltd                  75.00      92.240
                                                  Oro Wood Industry Ltd             75.00     900.123
                                                  Cakara Alam (PNG) Ltd             70.00   1,750.375
                                                  Green Point Limited               70.00   2,795.278
                                                  Lucky 99 (PNG) Ltd                70.00     537.386
                                                  Joinland Management (PNG) Ltd     65.00   3,413.595
                                                  Pacific Region Development Ltd    65.00   4,282.324
                                                  Tutuman Development Ltd           65.00      55.278
                                                  Canopus No. 16 Ltd                65.00     788.403
                                                  CS Boss International Ltd         65.00     967.111
                                                  Lucky Logging Limited             65.00     792.523
                                                  Musa Century Limited              65.00   1,172.474
                                                  Rimbunan Hijau (PNG) Ltd          65.00   2,784.204
                                                  Active Forest Limited             65.00   1,346.171
                                                  Golden Rise Investment Ltd        65.00     694.812
                                                  Viva Success Ltd                  65.00     528.707
                                                  Woodbank Pacific Ltd              65.00   2,215.843
                                                  KK Connections Ltd                61.48   4,214.866
                                                  Vanimo Jaya Ltd                   57.12   3,678.521




Report Number 21:   Page 9 of 11 pages                                                         21- 9

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Grade / Species Group / Species                    Company/Group             Ave FOB USD/m3 Volume, m3

Saw/Veneer Group 4
 Mean Company FOB Price:              59.87 USD/m3; Range:   52.13 - 70.00      USD/m3

                                                    Global Elite Ltd                      70.00      85.886
                                                    Summit Agriculture Ltd                70.00     891.925
                                                    Oro Wood Industry Ltd                 70.00     779.986
                                                    Continental Alliance Ltd              69.59     168.347
                                                    Cakara Alam (PNG) Ltd                 65.00   1,570.161
                                                    Green Point Limited                   65.00   4,148.225
                                                    Lucky 99 (PNG) Ltd                    65.00     592.163
                                                    Woodbank Pacific Ltd                  60.00   4,943.043
                                                    Canopus No. 16 Ltd                    60.00   2,914.373
                                                    Joinland Management (PNG) Ltd         60.00   1,456.198
                                                    Lucky Logging Limited                 60.00     587.744
                                                    CS Boss International Ltd             60.00   1,630.594
                                                    Golden Rise Investment Ltd            60.00     344.639
                                                    Tutuman Development Ltd               60.00   1,254.316
                                                    Pacific Region Development Ltd        60.00   6,947.708
                                                    Viva Success Ltd                      60.00   1,613.802
                                                    Rimbunan Hijau (PNG) Ltd              60.00   6,496.707
                                                    Musa Century Limited                  59.55   3,220.581
                                                    KK Connections Ltd                    57.78   2,365.611
                                                    Vanimo Jaya Ltd                       52.13   6,392.483


Plantation diam 60+ cm: regular Kamarere (e) regular (plntn)
 Mean Company FOB Price: 107.00 USD/m3; Range: 107.00 - 107.00 USD/m3

                                                    CS Boss International Ltd            107.00     34.008


Plantation diam 50 - 59 cm: small Kamarere (d) small (plntn)
 Mean Company FOB Price: 102.00 USD/m3; Range: 102.00 - 102.00 USD/m3

                                                    CS Boss International Ltd            102.00     21.109


Plantation diam 40 - 49 cm: super small Kamarere (c) super small
(plntn)
 Mean Company FOB Price: 100.68 USD/m3; Range: 100.00 - 106.00 USD/m3

                                                    Open Bay Timber Ltd                  106.00      3.182
                                                    CS Boss International Ltd            100.00     24.738


Plantation diam 30 - 39 cm: baby small Kamarere (b) baby small
(plntn)
 Mean Company FOB Price:              89.36 USD/m3; Range:   86.00 - 92.00      USD/m3

                                                    CS Boss International Ltd             92.00      3.952
                                                    Open Bay Timber Ltd                   86.00      3.115




Report Number 21:   Page 10 of 11 pages                                                              21- 10

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Grade / Species Group / Species                    Company/Group             Ave FOB USD/m3 Volume, m3

Plantation diam 20 - 29 cm: tiny small Kamarere (a) tiny small
(plntn)
 Mean Company FOB Price:              46.50 USD/m3; Range:   46.50 - 46.50   USD/m3

                                                    Open Bay Timber Ltd                46.50        3.024


Low Grade
 Mean Company FOB Price:              57.05 USD/m3; Range:   50.00 - 220.00 USD/m3
                                                    Amanab 56 Timber Investments      220.00    1,511.520
                                                    Ltd
                                                    Summit Agriculture Ltd             60.00    9,843.322
                                                    Continental Alliance Ltd           60.00    2,202.227
                                                    Global Elite Ltd                   60.00      989.749
                                                    Pacific Region Development Ltd     55.00   13,185.849
                                                    Oro Wood Industry Ltd              55.00    1,876.018
                                                    Cakara Alam (PNG) Ltd              55.00    7,981.658
                                                    Vanimo Jaya Ltd                    54.30    3,647.330
                                                    Rimbunan Hijau (PNG) Ltd           50.00    1,491.237
                                                    Lucky 99 (PNG) Ltd                 50.00    2,705.289
                                                    Lucky Logging Limited              50.00    2,705.528
                                                    Musa Century Limited               50.00    7,764.362
                                                    Golden Rise Investment Ltd         50.00    7,919.716
                                                    KK Connections Ltd                 50.00    8,016.078
                                                    CS Boss International Ltd          50.00    1,622.708




Report Number 21:   Page 11 of 11 pages                                                            21- 11

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          Annual Export Quotas and Log Export
         Volumes during the Current Quota Period

Site                                  Quota Start Date Quota End Date Quota (m3) Exported (m3)* % of Quota Exported
Idam-saiwi Inter Agri Proj (FCA 71009)                                                 46,149        Quota Data
                                                                                                     Unavailable
Lak TRP Project (TP 11643)                                                            164,343        Quota Data
                                                                                                     Unavailable
Dengnenge 'B' Agro Forestry (FCA 7151                                                  37,453        Quota Data
                                                                                                     Unavailable
East Arowe TP (11455)                                                                  12,598        Quota Data
                                                                                                     Unavailable
East Awin (FMA 60101)                                                                  39,056        Quota Data
                                                                                                     Unavailable
Far North Coast TRP (TP 11212)                                                          1,401        Quota Data
                                                                                                     Unavailable
Gar Consolidated TRP (TP 11544)                                                        23,523        Quota Data
                                                                                                     Unavailable
Gara Modewa TRP (TP 10406)                                                             38,861        Quota Data
                                                                                                     Unavailable
DANFU Block 12,13,14,15&18 (11640)                                                     36,557        Quota Data
                                                                                                     Unavailable
Huhu (Ulabo) Forest Plantation (TA3-88                                                 36,718        Quota Data
                                                                                                     Unavailable
Cloudy Bay (FMA 60301)                                                                 43,674        Quota Data
                                                                                                     Unavailable
Ifane Agro-Forest Project - (FCA 70503)                                                39,666        Quota Data
                                                                                                     Unavailable
Illi Wawas/Masarau (FCA 71502)                                                         24,873        Quota Data
                                                                                                     Unavailable
Kamdaru-Siaman-Lamasa (TP 11635)                                                       26,806        Quota Data
                                                                                                     Unavailable
Kapuluk Timber Project (TP 11450)                                                      20,886        Quota Data
                                                                                                     Unavailable
Konoagil Inter.Agri.Proj. (FCA 71603)                                                 122,723        Quota Data
                                                                                                     Unavailable



*during quota period
Report Number 22: Page 1 of 4 pages               Printed: Sunday, 29 January 2023                           22- 1

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Site                                  Quota Start Date Quota End Date Quota (m3) Exported (m3)* % of Quota Exported
Kumil TP (11222)                                                                       48,835        Quota Data
                                                                                                     Unavailable
Aitape Lumi Consolidated FMA (61003)                                                   93,548        Quota Data
                                                                                                     Unavailable
Gweing Wagasu Agro-Forestry (FCA 71                                                    23,731        Quota Data
                                                                                                     Unavailable
Asengseng Consolidated FMA (61401)                                                     20,042        Quota Data
                                                                                                     Unavailable
Aliai-Sisimi-Hargy Consolidated TP 114                                                 33,189        Quota Data
                                                                                                     Unavailable
Alimbit Andru (TP 11408)                                                               11,272        Quota Data
                                                                                                     Unavailable
Amanab Blocks 1-4 FMA (61001)                                                         114,468        Quota Data
                                                                                                     Unavailable
Amanab Blocks 5 & 6 FMA (61002)                                                        72,749        Quota Data
                                                                                                     Unavailable
Andru Johana (LFA 21410)                                                               51,468        Quota Data
                                                                                                     Unavailable
Angoram Intergrated (FCA 71104)                                                        30,623        Quota Data
                                                                                                     Unavailable
Ania Integrated Agri (FCA 71517)                                                       92,087        Quota Data
                                                                                                     Unavailable
Dengnenge "A"Intergrated Agri (FCA71                                                    4,093        Quota Data
                                                                                                     Unavailable
Ania Kapuira Forest Pltn (TP 11403)                                                        84        Quota Data
                                                                                                     Unavailable
Lolo Block 2 (21403)                                                                   22,436        Quota Data
                                                                                                     Unavailable
Awio Amgen LFA (21409)                                                                 31,731        Quota Data
                                                                                                     Unavailable
Bonua Magarida TRP (10328)                                                             51,677        Quota Data
                                                                                                     Unavailable
Brown River/Kuriva (10337)                                                                519        Quota Data
                                                                                                     Unavailable
Buhem Mongi Busiga (11338)                                                             10,357        Quota Data
                                                                                                     Unavailable
Cape Offord (TP 11548)                                                                 14,455        Quota Data
                                                                                                     Unavailable
Central New Ireland (11642)                                                            12,176        Quota Data
                                                                                                     Unavailable
Central New Ireland LFA 16-01                                                          20,695        Quota Data
                                                                                                     Unavailable
Ania Kapiura Consolidated (11452)                                                     127,293        Quota Data
                                                                                                     Unavailable



*during quota period
Report Number 22: Page 2 of 4 pages               Printed: Sunday, 29 January 2023                           22- 2

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Site                                  Quota Start Date Quota End Date Quota (m3) Exported (m3)* % of Quota Exported
Wagana Wagasu Agro Forestry (FCA 7                                                     22,282        Quota Data
                                                                                                     Unavailable
Kupiano - Marshall Lagoon (TP 3-36)                                                    30,569        Quota Data
                                                                                                     Unavailable
Suikol Intergrated Agro (FCA 71513)                                                    30,042        Quota Data
                                                                                                     Unavailable
Taraiwara(Ext) Agro Reforest.(FCA 715                                                  61,221        Quota Data
                                                                                                     Unavailable
Tokai Matong TRP (TP 11545)                                                            22,610        Quota Data
                                                                                                     Unavailable
Ulamona consolidated TP (11443)                                                        13,021        Quota Data
                                                                                                     Unavailable
Ulewun Kamarere WoodLot (TP14-85)                                                      13,504        Quota Data
                                                                                                     Unavailable
Umbukul NIP (TP 11648)                                                                  9,097        Quota Data
                                                                                                     Unavailable
Senbam Cons. (TP 11552)                                                                97,857        Quota Data
                                                                                                     Unavailable
Vanimo Block 3,4 & 5 (TP 11011)                                                         3,836        Quota Data
                                                                                                     Unavailable
Semon (FCA 71302)                                                                      13,315        Quota Data
                                                                                                     Unavailable
Wammy Inter. Agro Forestry (FCA71007                                                   14,727        Quota Data
                                                                                                     Unavailable
Wanigela Tree Plantation (FCA 70506)                                                   39,541        Quota Data
                                                                                                     Unavailable
Wasu Cattle farm (FCA 13-03)                                                           26,746        Quota Data
                                                                                                     Unavailable
Waterfall bay Extn CONS.TRP(TP 1155                                                    40,933        Quota Data
                                                                                                     Unavailable
Wawoi Guavi (10107)                                                                    48,038        Quota Data
                                                                                                     Unavailable
Wewak/Turubu (FCA 71103)                                                               59,862        Quota Data
                                                                                                     Unavailable
Wipim Tapila FMA (60110)                                                               38,911        Quota Data
                                                                                                     Unavailable
Utnari Land Agro-Forestry (FCA 71521)                                                  85,856        Quota Data
                                                                                                     Unavailable
Nutuve TP (11559)                                                                         731        Quota Data
                                                                                                     Unavailable
Lolobau Kamarere WoodLot (TP14-86)                                                      4,083        Quota Data
                                                                                                     Unavailable
Lower Musa Agro, (FCA 70505)                                                           54,906        Quota Data
                                                                                                     Unavailable



*during quota period
Report Number 22: Page 3 of 4 pages               Printed: Sunday, 29 January 2023                           22- 3

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Site                                  Quota Start Date Quota End Date Quota (m3) Exported (m3)* % of Quota Exported
Makapa Timber Area (10109)                                                             75,326        Quota Data
                                                                                                     Unavailable
Meander May Valley int.Agri. (FCA 7110                                                  7,376        Quota Data
                                                                                                     Unavailable
Mengen Integrated (FCA 71522)                                                          29,946        Quota Data
                                                                                                     Unavailable
Morevona -Agro Forestry (FCA 71403)                                                    50,175        Quota Data
                                                                                                     Unavailable
Morobe Coast TRP (TP 11335) Mopi Ca                                                    26,167        Quota Data
                                                                                                     Unavailable
Seraji EXN TRP PROJ. (TP 11558)                                                        23,777        Quota Data
                                                                                                     Unavailable
Mussau TRP Project (TP 11641)                                                          17,254        Quota Data
                                                                                                     Unavailable
Woodlark Intergrated Project (FCA 7040                                                 32,211        Quota Data
                                                                                                     Unavailable
Open Bay Consolidated (TP 11553)                                                        6,855        Quota Data
                                                                                                     Unavailable
Open Bay Consolidated [Pltn] (TP 1150                                                  25,667        Quota Data
                                                                                                     Unavailable
Ormand Lako TRP Project (TP 10330)                                                     14,918        Quota Data
                                                                                                     Unavailable
Pohowa Agro_Forestry (FCA 71801)                                                        2,439        Quota Data
                                                                                                     Unavailable
Raicoast TP (11218)                                                                    16,778        Quota Data
                                                                                                     Unavailable
Rakona/Aimorao Road No.1 (TA 13-279                                                     4,359        Quota Data
                                                                                                     Unavailable
Rottock Bay Consolidated (FMA 61402)                                                  153,258        Quota Data
                                                                                                     Unavailable
Mosa - Leim TP (11457)                                                                 17,821        Quota Data
                                                                                                     Unavailable




*during quota period
Report Number 22: Page 4 of 4 pages               Printed: Sunday, 29 January 2023                           22- 4

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