Disclaimer
The evaluation guide is provided by Willmott Forests Limited ("Willmott Forests") AFS Licence Number: 233215 to licensed advisers and their representatives and authorised representatives of Willmott Forests (each an "Adviser") for use in connection with the Willmott Forests Premium Forestry Blend - 2010 Project ARSN: 142 722 585 ("Project"). Under no circumstances should the evaluation guide be made available for use directly by your clients or prospective participants in the Project.

Any information that is generated using this evaluation guide ("Generated Information") is provided by the Adviser and forms part of any advice given by the Adviser to the client in connection with the Project. Licensed advisers and their representatives must not represent that the Generated Information is general or personal advice by Willmott Forests to the client. The Generated Information is not a statement published by Willmott Forests or a recommendation or statement of opinion or report by Willmott Forests that is intended to influence clients to complete an application in the Project or for finance.

The Generated Information is indicative only and Willmott Forests is not obliged to accept any application for finance.

It is important that Advisers understand and ensure that their clients understand that:

• the Generated Information is for illustrative purposes only and must not be taken to be in any way a guarantee of the future circumstances that will apply in connection with an investment in the Project or the benefits to be derived from it by an investor;
• the Generated Information includes and depends upon information selected by the Adviser from the options available in the various fields in the evaluation guide (Willmott Forests makes no representation that the options provided are sufficient);
• by completing the various fields the Adviser makes assumptions about circumstances that may or may not apply in the future;
• the Generated Information is based on those assumptions and the extent to which the Generated Information will be accurate depends on the extent to which the assumptions reflect the actual position in the future; and
• the results ultimately achieved may differ materially from the Generated Information.

If Advisers recommend making an application in the Project and for finance to a client they must provide the client with the Project Product Disclosure Statement ("PDS") and any supplementary PDS' and ensure the client is aware that a holding in the Project is based on the information in the PDS and not on the Generated Information.

To the extent permitted by law, Willmott Forests will not be liable to any person for any loss or damage of any kind arising out of or in any way connected with the use of this evaluation guide.