| 1 | 005 12801 OUT | STATE OF GEORGIA | 6,163 | $5,471,473 |
| 2 | 006 26901 WMA | STATE OF GEORGIA | 6,063.16 | $6,275,371 |
| 3 | 006 25003 | FIA TIMBER PARTNERS II LP
C/O FOREST INVESTMENTS ASSOCIATION | 4,427.73 | $3,900,728 |
| 4 | 005 12416 A | FIA TIMBER PARTNERS II LP
C/O FOREST INVESTMENTS ASSOCIATION | 2,726.94 | $2,232,779 |
| 5 | 005 00921 | STATE OF GEORGIA | 2,239.69 | $226,498 |
| 6 | 005 14501 | STATE OF GEORGIA | 2,029.6 | $1,388,458 |
| 7 | 005 14319 | WEYERHAEUSER FOREST HOLDINGS INC
ATT: TAX GROUP | 1,643.99 | $1,735,858 |
| 8 | 005 12601 OUT210 COOK ROAD | COOK LAND AND TIMBER L L L P | 1,570.77 | $1,956,897 |
| 9 | 005 01914 | WEYERHAEUSER FOREST HOLDINGS INC
ATT: TAX GROUP | 1,406.46 | $1,247,678 |
| 10 | 005 11605 B | WEYERHAEUSER FOREST HOLDINGS INC
ATT: TAX GROUP | 1,137.94 | $1,072,094 |
| 11 | 005 003011938 BOX SPRINGS ROAD | PREVATT VICTOR
C/O CABINET SUPPLY INC | 1,058.12 | $1,747,891 |
| 12 | 007 15604130 TREE FARM ROAD | TALBRION TREE FARMS INC
C/O NILES ALLEN MCKEE | 961.77 | $1,097,620 |
| 13 | 005 15704 | TIMBERLANDS II LLC
C/O POTLATCHDELTIC CORPORATION
ATTN: AD VALOREM TAX | 939.03 | $812,881 |
| 14 | 007 22304 | GA CUSHION & WRAPPER CO | 921.2 | $780,111 |
| 15 | 007 057039130 THOMASTON HWY | CLEMENTS STEPHEN D JR MD
HELEN MARY CLEMENTS | 898.43 | $778,092 |
| 16 | 007 16811 | THE LANGDALE COMPANY | 886.57 | $907,238 |
| 17 | 006 252021284 DRANE-MATHEWS ROAD | KNOTTHEAD LAND INVESTMENT L L C | 868.53 | $883,853 |
| 18 | 007 07903 | FIA TIMBER PARTNERS II LP
C/O FOREST INVESTMENTS ASSOCIATION | 859.96 | $786,599 |
| 19 | 007 22505 A | THE LANGDALE COMPANY | 829.3 | $709,626 |
| 20 | 007 08105 A | FIA TIMBER PARTNERS II LP
C/O FOREST INVESTMENTS ASSOCIATION | 829 | $800,333 |
| 21 | 005 11605 C | WEYERHAEUSER FOREST HOLDINGS INC
ATT: TAX GROUP | 818.11 | $814,598 |
| 22 | 007 10404 | HEATHLAND ENTERPRISES LLC | 815.9 | $725,187 |
| 23 | 007 10005 | NATURE CONSERVANCY (THE) | 803.55 | $1,079,971 |
| 24 | 005 12803 | FLOURNOY GEORGIA HOLDINGS L L C | 793.83 | $831,223 |
| 25 | 007 08503 OUT3348 BUTLER HWY | BSD INVESTMENTS LP &
MABG INVESTMENTS II
C/O CHIP BURNS | 756.85 | $744,935 |
| 26 | 007 21508 | STATE OF GEORGIA | 749 | $576,861 |
| 27 | 007 06902 | PYE PROPERTIES INC | 740 | $724,897 |
| 28 | 005 151026440 LACKEY ROAD | HAT CREEK LAND AND TIMBER LLC | 730.81 | $873,788 |
| 29 | 007 04515 | BUCKNER MICHAEL & DEBBIE | 718.51 | $601,398 |
| 30 | 006 27901380 TOMBERLINE LANE | BUCKNER FAMILY LLLP
THE BETTY ANNE & HARVEY BUCKNER FAMILY | 700.82 | $891,442 |
| 31 | 006 25801 A | GRAVEYARD LLC
C/O STANLEY LUMSDEN | 665 | $621,489 |
| 32 | 005 01314 | WEYERHAEUSER FOREST HOLDINGS INC
ATT: TAX GROUP | 663.54 | $724,449 |
| 33 | 007 11207 | HENDRICKS JOSEPH M &
ELIZABETH M HENDRICKS | 659 | $740,090 |
| 34 | 005 01306 | B AND C FAMILY LLLP
C/O T B CUNNINGHAM | 658.9 | $785,098 |
| 35 | 007 17602 | GLENN W K FARMS INC | 656.88 | $453,918 |
| 36 | 007 10401 | HEATHLAND ENTERPRISES LLC | 650.85 | $726,830 |
| 37 | 006 25605 | TIMBERLANDS II LLC
C/O POTLATCHDELTIC CORPORATION
ATTN: AD VALOREM TAX | 649.92 | $654,857 |
| 38 | 006 25801 | BIG BEND PROPERTIES LLC
C/O STANLEY LUMSDEN | 649.8 | $649,779 |
| 39 | 007 11008KURT WILLIAMS ROAD | DALA PROPERTIES LLC A GEORGIA LIMITED | 637.66 | $741,545 |
| 40 | 007 05101CARL MATHIS ROAD | KESTREL TIMBER LLC
C/O TIMBERLAND INVESTMENT RESOURCES LLC | 607.04 | $614,536 |
| 41 | 005 11805 | SMITH FLORENCE EDWARDS | 605.17 | $751,569 |
| 42 | 005 11008 | MATTERI ROBERT ETAL
CAROLE MATTERI & KATHRYN LANNIN | 586.5 | $506,688 |
| 43 | 007 17261 | GA CUSHION & WRAPPER CO | 579.1 | $633,944 |
| 44 | 006 25204 A01 | FIA TIMBER PARTNERS II LP
C/O FOREST INVESTMENTS ASSOCIATION | 577.23 | $675,558 |
| 45 | 007 043021126 FOX RUN ROAD | MONTGOMERY ROBERT F JR & ROGER C
LIFE ESTATE WITH BARBARA ANN MONTGOMERY | 573.74 | $997,869 |
| 46 | 007 22311 | TRI C FARMS INC | 573.1 | $711,008 |
| 47 | 006 20105 | SNIPES SHOALS LLC
C/O STANLEY LUMSDEN | 561.05 | $627,051 |
| 48 | 007 11003 | PARHAM THOMAS H IRREVOCABLE
C/O DORIS PARHAM | 552.73 | $721,258 |
| 49 | 007 22502 | KEADLE LAND COMPANY LLLP | 552.5 | $569,172 |
| 50 | 005 15104 | WEYERHAEUSER FOREST HOLDINGS INC
ATT: TAX GROUP | 551.3 | $629,394 |