Presented by. 58 E. Benteen Street Buffalo, Wyoming or

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Presented by 58 E. Benteen Street Buffalo, Wyoming 307-684-9556 or 888-684-9557

Distances from Ranch to Ten Sleep 8 miles Worland 34 miles Cody 125 miles Billings, MT 159 miles Location The Clay Ranch is located on the western slope of the Big Horn Mountains 8 miles southeast of the quaint little town of Ten Sleep (population 350±), in Washakie County, Wyoming. Worland (population 5,500±), the County Seat, is located in the Big Horn Basin and continues to be an extremely stable, thriving community economically driven by farming, ranching and energy production. Various retail outlets, banks, restaurants, equipment dealers, churches and commercial air service make it a well-rounded marketing center.

Size 4,749±Acres Deeded 2,040± Acres BLM Lease 279± Acres State of Wyoming Lease 7,068± Acres Total Description The Clay Ranch is comprised of flourishing foothill/mountain terrain on the western side of the Big Horn Mountains that supports Wyoming s great diversity of wildlife and is home to trophy elk and deer. Protected by conservation-based covenants, this ranch is an extension of the vast habitat created by neighboring large ranches, The Nature Conservancy s Ten Sleep Preserve, and the Big Horn National Forest, which adjoins approximately two miles of the ranch s eastern border. Over 50% of the ranch consists of heavily timbered hillsides, draws and canyons with large, open, grass meadows that provide natural cover and forage for the many species of wildlife. Tree cover consists of cedar, spruce, lodgepole pine, aspen and cottonwood. Springs and creeks provide abundant water supplies while large rock outcrops add their majestic grandeur to the scenic splendor of the area. The elevation ranges from 4,995 feet near the headquarters and hay meadows to 7,200 feet in the mountains terrain. According to the NRCS 30-year annual average, precipitation in the area ranges between 12 and 14 inches at the lower elevations of the ranch to 16-18 inches at the higher elevations. Grazing Leases BLM grazing lease for sheep and cattle Rim-Alkali Allotment 00186 consisting of 2,040± acres. State of Wyoming lease consisting of 279± acres.

Approximately one mile of Canyon Creek meanders through the lush hay meadows while the cedar covered red hillsides rise to meet the grandeur of the vast mountains and canyons to the east. The hay meadows located near the headquarters are irrigated by three center pivot sprinkler systems one irrigates approximately 37 acres of alfalfa and two irrigate approximately 139 acres utilized as pasture. An additional 100± acres along the banks of Canyon Creek near the headquarters are irrigated by gated pipe.

Conservation Easement The Nature Conservancy has a conservation easement on 4,433 acres of the Clay Ranch and has reserved conservation-based rights through protective covenants within the deed that prevents subdividing or development on this land. The 316 deeded acres through which Canyon Creek flows and where the main residence and headquarters are located are not subject to a conservation easement. A copy of the conservation-based protections, including the covenants and conditions is available upon request. Real Estate Taxes The estimated real estate taxes for 2008 are $10,432. Taxes are assessed annually. Grazing Lease Anderson Livestock/Ranch (a neighboring rancher) has an existing written grazing lease on the Clay Ranch that runs through March 2009. Depending on time of closing and date of possession by a new owner, income from the lease will be pro-rated accordingly. Renewal of the grazing lease is negotiable on a year-to-year basis. Offering Price The Clay Ranch is being offered for $15,894,653 (Fifteen Million Eight Hundred Ninety-four Thousand Six Hundred Fifty-three Dollars). Sellers shall require an all cash sale. The offering price includes all furniture, appliances, televisions, screens, lighting fixtures (lamps, sconces and chandeliers), and window coverings presently in place in the main residence and mountain cabin. A list of personal items to be excluded from the sale will be furnished at the time an offer is made. Conditions of Sale The Sellers shall require an all cash sale. All offers shall be in writing and accompanied by an earnest money deposit check in the minimum amount of 3% of the offering price. All earnest money deposit s will be deposited in the Listing Broker s trust account. The sellers shall provide and pay for an owner s title insurance policy in full satisfaction of the negotiated purchase price. Both buyer and seller shall be responsible for their own attorney s fees. Closing costs (for the title company to close) shall be split equally by the buyer and seller. The Nature Conservancy has a first right of refusal on the subject sale property with the exception of the 316 deeded acres where the main residence/headquarters are located. Sellers have a first right of refusal on The Nature Conservancy s property that is contiguous to the Clay Ranch. Buyer and Seller shall agree in the Contract to Buy and Sell Real Estate (purchase offer agreement) to the tax allocations for the building improvements, fences, pivot sprinkler systems, and land.

BLM BLM Lease State Lease BLM Lease The Clay Ranch Ten Sleep, Wyoming 4,749± Acres Deeded 2,040± Acres BLM Lease 279± Acres State of Wyo. Lease 7,068± Αcres Total This map provided as a visual aid only by Pearson Real Estate Co., Inc. Accuracy is not guaranteed. Fences and Boundary Lines The Seller is making known to all potential purchasers that there may be variations between the deeded property lines and the location for the existing fence boundary lines on the subject property. Seller makes no warranties with regard to location of the fence lines in relationship to the deeded property lines, nor does the seller make any warranties or representations with regard to specific acreage within the fenced property lines. Seller is selling the property in an "as is" condition, which includes the location of the fences as they exist. Boundaries shown on any accompanying maps are approximate, based on the legal description. Maps are not to scale and are for visual aid only. The accuracy of the maps and information is not guaranteed.

How Ten Sleep Got Its Name There was a large Indian camp on the Platte River near the present site of Casper, Wyoming that was known to early trappers as the Old Sioux Camp. To the north near the present site of Bridger, Montana on the Clarks Fork river was another large and well known Indian camp. These were cross-roads of the nations and trails led in all directions. The now town of Ten Sleep was halfway between these two major camps (Indians measured distance by the number of sleeps ). History The owner of the Clay Ranch originally purchased the entire 14,600± acre Girl Scout National Center West situated in the wild, rugged terrain encompassing the spectacular Canyon Creek Canyon and surrounding area. 4,749 deeded acres known as the Clay Ranch were retained while the remaining 9,851 deeded acres were sold to The Nature Conservancy the Ten Sleep Preserve protects the habitat for more than 120 bird species as well as mountain lion, black bear, elk, beaver and the remarkable spotted bat as well as the open spaces of the spectacular Canyon Creek area. One of many outstanding features of the Preserve is the ancient Native American pictographs engraved in the sandstone walls at one point near Canyon Creek. This information and any other information contained in this Exclusive Listing Agreement has been obtained from sources deemed to be reliable by Pearson Real Estate Co., Inc.; however, the accuracy of this information is not guaranteed or warranted by either Pearson Real Estate Co., Inc. or the sellers. Prospective buyers are expected to conduct their own independent investigation of the information contained herein. This offering is subject to prior sale, price change, correction or withdrawal without notice. For more information, contact 58 E. Benteen Street Buffalo, Wyoming 82834 E-mail: info@pearsonrealestate.com (307)684-9556 Toll Free: 888-684 684-9557 For information about other outstanding listings, visit our website at www.pearsonrealestate.com Pearson Real Estate Co., Inc. is also

Clay s Canyon Creek Retreat Experience the quiet solitude of country living in the elegant, upscale home surrounded by beautifully landscaped grounds. The concrete driveways in front of the garages, the sidewalks leading to the front entrance and around the residence to the rear patio and the entire patio can all be heated during the winter months to melt ice and snow (radiant heat generated by a hot water boiler system). Take in expansive views in all directions Two fresh water ponds stocked with trout enhance the view from the residence to the spectacular red bluffs that dominate the western skyline.

Constructed of masonry stone & stucco, the main residence offers 3,898 square feet of spacious living with an attached 1,104 sq. ft. three-car garage. The elegant home has been constructed with the finest quality materials with a Universal Design for Aging in place:! The hardwood floors are constructed of individually hand-planed, 8 oak planks engineered to withstand radiant heat; finish is Joshua Tree.! The natural slate floors are Petra Slate in tumbled or cleft finishes; the color is Silver Sands.! The floor colors and finishes were chosen to blend with the natural soils of the ranch.! Carpeting is Antiqua (Durasoft 6.6 nylon with inherent Scotchguard) chosen for durability and wool-like softness. Carpet color in master bedroom is Coral Clay and in guest bedroom is Bayshore.! Home has hot water radiant floor heat throughout.

Granite countertops with double ogee edge grace the state-of-the-art kitchen which features a Subzero side-by-side refrigerator & freezer, Wolf cook top and oven, Asko dishwasher, and a walkin pantry with adjustable shelving and rolling cart. Handmade wall tiles from Tile Restoration Co. add a finishing touch to the sophistication of the kitchen. The custom American Classic cabinets are alder wood with Buckskin finish and Saguaro accents. The Nook features a New Dimensions slate tile bar top with etched wildlife motifs in Buff color and the elegant natural antler chandelier is one-ofa-kind from T.J. Hooker. The washer & dryer have raised front access. The dining room, entry way, great hall and arch light fixtures are custom designed, hand forged iron wall sconces and chandeliers by Laura Lee.

The efficient office area is roomy and quiet. The perfect place to take care of business. The great room just off the kitchen and dining areas offers the ultimate in relaxation and comfort curl up in front of the fireplace with a good book take in a game or movie on the wide screen TV entertain guests or just sit back and enjoy the spectacular scenery framed by large windows

The soothing ambiance of the spacious Master Bedroom is calming and restful. The wall surrounding the gas fireplace is covered in limestone Cava Cladding. The custom Architectural Series cabinets in the master bath and closet are alder wood in Shadow finish. The tile floor is 12 honed Princeza limestone with decorative inset tiles. The floors, walls and trim moldings are of Jerusalem Taupe limestone with hand crafted stone mosaic floor insets and borders.! Both walk-in showers are accessible to walkers or wheelchairs; showers have anti-scald faucet controls and hand-held, adjustable shower heads; elegant and unobtrusive grab bars are installed in showers and bathrooms.! Guest Suite The floor plan was designed with maximum space for privacy between the Master Bedroom and the Guest Suite.

The main floor of the home provides one-level living with no stairs. The lower level is not considered necessary for day-to-day living; however, it is a very welcoming, warm family room area complete with a wet bar and plenty of space to display family treasures and collections. Another outstanding attraction in the family room is a 106 InFocus SP777 Flagship high-definition screen (manufactured by Draper Access).

Other improvements on the ranch include: 870 sq. ft. apartment with 2 bedrooms, 1 bath, kitchen and living-dining room located above a heated shop/storage area near the main residence. 1,372 sq. ft. residence with 2 bedrooms, 2 baths and a loft, log construction, wood deck, metal roof and a garage located below the living area. 2,800 sq. ft. shop/equipment building with concrete floor, metal roof and metal siding. 1,932 sq. ft., one story ranch style residence with 3 bedrooms, 2 baths, and wood deck located near the entrance to the ranch and just off the county road.

Outstanding Recreational Opportunities Trophy elk and deer thrive on the mountain property of the Clay Ranch. The vast amount of timber that provides natural protection and cover on the hillsides and in the draws and canyons along with the abundance of water and ample forage create an ideal habitat for a diverse wildlife population. Large numbers of elk, mule deer, white-tailed deer and antelope call the ranch home and can be viewed year around in addition to mountain lion, beaver, black bear, bobcat, fox, coyote, eagles, hawks, sage grouse and blue grouse. Landowner permits for deer, antelope and elk are available for the Clay Ranch. These tags not only guarantee hunting rights on the ranch but also ensure hunting privileges on the public lands within the same hunt area. A multitude of recreational activities such as horseback riding, cross-country skiing, snowmobiling, camping, hiking, rock climbing, wildlife observation, 4-wheeling, photography, canoeing, and trapping can all be experienced on the Clay Ranch while enjoying the peace and solitude of thousands of acres of pristine land. For the snowmobile enthusiast, there are miles of groomed trails on the Big Horn National Forest, which is contiguous to the ranch. The Canyon Valley Resort and Golf Course lies just west of the ranch and provides a Par 36 PGA rated, 9-hole course on 97 acres of rolling meadows and creek bottom. Fishing Opportunities Approximately one mile of Canyon Creek flows through the ranch year around and provides good trout fishing. The two large, man-made ponds near the headquarters are stocked with trophy trout; fresh water flows continually through the ponds.

Clay s Canyon Creek Mountain Retreat Leaving the peaceful valley with its lush meadows and traveling to the higher elevations of the ranch, the terrain becomes more rugged and the scenery changes to spectacular pine tree-covered hillsides dotted with beautiful aspen groves, deep canyons with large rock outcrops adding their majestic grandeur to the scenic splendor, and open grassy meadows. Many species of wildlife abound in this habitat that is home to trophy elk and mule deer, as well as white-tailed deer, antelope, sage grouse and countless other birds and small animals. Numerous natural springs and creeks provide an abundance of water for both livestock and wildlife. The owner has developed springs, which supply water via a pipeline to numerous stock tanks strategically placed throughout the property and utilized by both wildlife and livestock.

Nestled in a grove of aspen trees just 5 miles from the headquarters and above the vast expanse of Canyon Creek Canyon is a 704 sq. ft. log cabin where one is surrounded by the serenity of nature and can take in the spectacular scenic vistas from the large wraparound deck. The cozy kitchen is complete with an old-fashioned wood burning cook stove, ice box and running water. There is a 242 sq. ft. loft. Electric power is provided by a generator.