All properties described herein are held by Potlatch Taxable REIT Subsidiaries and nothing herein shall constitute an offer to sell by Potlatch Corporation or Potlatch Forest Holdings, Inc. Further, no offer to sell is or will be made and no sale will be made by Potlatch Taxable REIT Subsidiaries in any jurisdiction or to any person where any regulatory requirement, including any registration and/or disclosure requirement exists and such requirement has not been met.