Greenwood Client Report Welcomed by FRA

							FOR IMMEDIATE RELEASE - Forestry Research Associates

                Greenwood Client Report Welcomed by FRA
    The new client report from Greenwood Management, which is being sent out to its
investors, has been received very positively by FRA - a research and analysis consultancy
                         specialising in timberland investments.

Seattle, United States, June 2, 2012 -- The new client report from Greenwood Management,
which is being sent out to its investors, has been received very positively by Forestry Research
Associates (FRA) - a research and analysis consultancy specialising in timberland investments.

“Greenwood Management has one of the most exciting offers on the timberland investment
market and we welcome the publication of its new client report, detailing the progress of its
plantation projects in Brazil and Canada,” stated FRA’s analysis partner, Peter Collins.

The client report offers investors an update on the sustainably managed plantation and informs
investors that Greenwood is currently undertaking its infrastructure maintenance programme to
prepare for the next round of planting later in 2012.

“We think the fact that Greenwood is issuing regular updates to investors is important at a time
when many of their clients are entrusting their cash in tangible timberland product that they will
probably never get to visit in person. Seeing really great images of the plantations and the work
being done must be very welcome,” added Mr Collins.

The report also outlines the improvements to facilities for the firm’s sponsored student intern
programme, which places some of the brightest students into work experience placements with
Greenwood lasting for up to three months. The firm has invested heavily in updating and
improving its student facilities to make the experience even more positive for those who are lucky
enough to get a place, explained FRA.

Finally, there is an update on the current charcoal prices in Brazil - much of the timber grown in
plantations such as those run my Greenwood goes to making sustainable charcoal for the steel
industry. Mr Collins explained, “These figure are important because the steel industry is such as
major market for timber. However, demand is set to rise as a result of the upcoming FIFA World
Cup and Olympics, which are both coming to Brazil in the coming four years.

About Forestry Research Associates

Forestry Research Associates is a research and advisory consultancy that focuses on forestry
management, sustainability issues and forestry investment around the globe.

Media Contact:
Peter Collins
Forestry Research Associates
620 Vineyard Lane
Bainbridge Island, WA 98110
(206) 316 8394
info@forestry-research.com
http://www.forestry-research.com