RAYONIER INC

Ticker: RYN CUSIP: 754907103 Class: COM

Strategic Financial Services, Inc,'s Holding History (CIK: 0001432539)

Note: Option positions (PUT/CALL) are excluded.

Q2 2014
Shares 38,124 Value ($000) $1,355 Avg Close — Range —
Q1 2014
Shares 38,426 Value ($000) $1,764 Avg Close — Range —
Q4 2013
Shares 36,578 Value ($000) $1,540 Avg Close — Range —
Q3 2013
Shares 36,863 Value ($000) $2,051 Avg Close — Range —
Q2 2013
Shares 37,417 Value ($000) $2,073 Avg Close — Range —