April 5, 2007 BOARD MATTER D - 1

April 5, 2007 BOARD MATTER D - 1 ACTION: Approval of Grazing Lease Applications And Lease Renewals AUTHORITY: WS 36-5-105(a); Rules Chapter 4 Acres in Cropland Lease No. Applicant County Address and Price per Acre AUM's Annual Rental 3-6569 The Earl Edward Hardeman and Patricia Ann Hardeman Teton Wilson, WY 343 $1,773.31 Family Trust and Howard Hardeman 3-6861 Dave L. Greer and William A. Greer Big Horn Hyattville, WY 164 $847.88 3-6862 Double Eight Land Corporation Carbon Saratoga, WY 163 $842.71 3-6863 Philp Sheep Co., a Corporation Fremont Shoshoni, WY 81 $418.77 3-6864 Ned R. McKee Carbon Baggs, WY 14 $72.38 3-6865 Mowry Ranch, Inc., a Wyoming Corporation Carbon Saratoga, WY 129 $666.93 3-6866 Mark Jones and Jeanna Jones Sublette Boulder, WY 40 $206.80 3-6867 Glenn H. Burgett and Georgiana Burgett Fremont Lysite, WY 93 $480.81 3-6868 Richard D. and Patricia K. Ellis, Trustees or Their Fremont Lander, WY 109 $563.53 Successors in Trust, Under the Richard D. Ellis Living Trust Dated 2/13/97 and Any Amendments Thereto 3-6869 Hampton Sheep Company, Inc. Washakie Worland, WY 31 $160.27 3-6870 Upper Cedar Creek Ranch, LLC, a Wyoming LLC Carbon Saratoga, WY 41 $211.97 3-6871 Dennis Nate Lincoln Cokeville, WY 138 $713.46 3-6872 TE Ranch Limited Partnership, a WY Limited Partnership Park Cody, WY 192 $992.64 3-6873 Warren L. Hunter Park Cody, WY 48 $248.16 3-6874 Larry L. Rice Sublette Scottsbluff, NE 525 $2,714.25 3-6875 Baird Cattle Co. Washakie Worland, WY 78 $403.26 3-6876 Sand Creek LLC Carbon St. Louis, MO 363 $1,876.71 3-6877 Dennis Ranch Ltd., LLC Washakie Pavillion, WY 106 $548.02 3-6878 Domingo Martirena and Cecile Martirena as Trustees of Washakie Buffalo, WY 321 $1,659.57 the Domingo Martirena Revocable Trust, Dated 1/29/98, and The Cecile Martirena Revocable Trust, Dated 1/29/98, and to the Successors in Trusts 3-6879 Gerald Palm Carbon Elk Mountain, WY 89 $460.13 3-6880 Gerald E. Voorhees Sublette Jackson, WY 259 $1,339.03

3-6882 Caroll D. Noble Sublette Cora, WY 197 $1,018.49 3-6883 Noble Family Limited Partnership Sublette Cora, WY 189 $977.13 3-6884 Dan H. Budd & Sons Sublette Big Piney, WY 156 $806.52 3-6886 Julio A. Torres and Suzanne P. Wood Washakie Worland, WY 17 $ 87.89 3-6887 Fox Family Limited Partnership Lincoln Kemmerer, WY 215 $1,111.55 3-6888 Harvey Frank Robbins, Jr. and Karen K. Robbins, H&W Hot Springs Thermopolis, WY 322 $1,664.74 3-6890 Robert I. Lucas Fremont Jackson, WY 69 $356.73 3-6891 Theodore L. Knapp and Thomas E. Knapp Fremont Bozeman, MT 17 $87.89 3-6893 South Paint Rock Cattle Association Washakie Powell, WY 203 $1,049.51 3-6894 Montgomery Livestock Co., a Wyoming Corporation Carbon Dixon, WY 81 $418.77 3-6895 H. James Dager and Ginger S. Dager Park Lincoln, NE 108 $558.36 3-6897 Jolene Bonomo Jensen, William Bonomo and Thomas Sweetwater Forsyth, MT 18 $93.06 Kourbelas 3-6898 John W. and Mary Kay Jensen Sublette Boulder, WY 166 $858.22 3-6899 Barnett Ranch Limited Partnership Big Horn Greybull, WY 49 $253.33 3-6900 Ernest and Karen Thornock Lincoln Cokeville, WY 95 $491.15 3-6901 Russell Ranch, LLC Hot Springs Thermopolis, WY 133 $687.61 3-6902 TA Ranch Properties Limited Partnership Carbon Ft. Worth, TX 616 $3,184.72 3-6903 John and Billie McClelland Hot Springs Thermopolis, WY 42 $217.14 3-6904 Craig Pruett and Sheri Thomson Washakie Worland, WY 107 $553.19 3-6905 Fay T. Wadsworth Uinta Lonetree, WY 176 $909.92 3-6906 Main Pass, LLC Sublette Pinedale, WY 475 $2,455.75 3-6908 Dorothie Buckle Washakie Worland, WY 116 $599.72 3-6909 W & M Thoman Ranches, LLC Lincoln Green River, WY 139 $718.63 3-6910 Ernest Thornock Lincoln Cokeville, WY 20 $103.40 3-6912 Stratton Sheep Company, a Wyoming Corporation Carbon Rawlins, WY 180 $930.60 3-6913 Wagner Cattle Company, LLC Park Meeteetse, WY 945 $4,885.65 3-6914 Q Creek Land and Livestock Company, LLC Carbon Bozeman, MT 8 $ 41.36 3-6916 Peter M. Scripps Trust and Robert C. Pappenfort Trust Park Meeteetse, WY 122 $630.74 3-6917 Sam N. Chournos Lincoln Tremonton, UT 40 $206.80 3-6918 Stephen F. and Carolyn L. Adams Sweetwater Baggs, WY 52 $268.84 3-6919 Linda K. Heinze, Trustee or Her Successors in Trust Hot Springs Thermopolis, WY 114 $589.38 Under the Linda Heinze Revocable Trust, Dated September 27, 2005 3-6920 Polly B. Nordstrom and Marie C. Tatum, Each ½ Interest Carbon Saratoga, WY 181 $935.77

3-6921 Cobb Ranch, LLC Carbon Savery, WY 260 $1,344.20 3-6922 Roalene Redland McCarthy Washakie Omaha, NE 263 $1,359.71 3-6923 Paula Flitner and David A. Flitner, as Co-Trustees Under Big Horn Greybull, WY 64 $330.88 the Terms and Provisions of the Pied Piper Trust Originally Created on December 6, 1993 and Amended on August 29, 1994 3-6924 Tolman Livestock Company Park Powell, WY 108 $558.36 3-6925 Raftopoulos Brothers Livestock, a Colorado General Carbon Craig, CO 30 $155.10 Partnership, Consisting of John Raftopoulos and Steve Raftopoulos, General Partners 3-6926 Ellis Land and Livestock Fremont Lander, WY 287 $1,483.79 3-6927 Glenn H. Burgett and Georgiana Burgett Fremont Lysite, WY 282 $1,457.94 3-6928 Jack Hickey Uinta Lonetree, WY 113 $584.21 3-6929 Grace Meadows Ranch, LLC Carbon Saratoga, WY 137 $708.29 3-6930 Hunt Oil Company Park Dallas, TX 1,719 $8,887.23 3-6931 Lazy B V Cattle, Limited Partnership Park Meeteetse, WY 304 $1,571.68 3-6932 Wyoming State Honor Farm Fremont Riverton, WY 737 $3,810.29 3-6933 Marlene Loudan Washakie Worland, WY 45 $232.65 3-6935 91 Ranch Park Cody, WY 2,069 $10,696.73 3-6937 Brubaker Ranch Partnership, a General Partnership Washakie Ten Sleep, WY 87 $449.79 3-6939 Langley Hall Ranch, LLC Park Meeteetse, WY 11,972 $61,895.24 3-6940 Snowy Range Cattle Company, Inc., a Utah Corporation Carbon Laramie, WY 53 $274.01 3-6941 Don A. Schlaf and Norma Jean Schlaf, as Trustees of the Don A. Schlaf Trust, ½ Int., and Norma Jean Schlaf and Don A. Schlaf, as Trustees of the Norma Jean Schlaf Trust, ½ Int. Big Horn and Park Burlington, WY 167 $863.39 3-6943 Tad Henthorne and Vendla Henthorne Hot Springs Cody, WY 69 $356.73 3-6944 Patrick R. Sheehan and Judith A. Sheehan, H&W, as Carbon Baggs, WY 178 $920.26 Tenants by the Entirety with Right of Survivorship 3-6945 Corporation of the Presiding Bishop of the Church of Jesus Carbon Salt Lake City, UT 170 $878.90 Christ of Latter-Day Saints 3-6946 Eugene W. Walck, Jr. Carbon Saratoga, WY 109 $563.53 3-6947 Bill R. Bonomo, Jolene Jensen and Justin Bonomo Sweetwater Forsyth, MT 29 $149.93 3-6949 Rodwell Ranch, LLC Lincoln Opal, WY 70 $361.90

3-6950 Bear River Land and Grazing Company, a WY Corporation Lincoln Salt Lake City, UT 98 $506.66 3-6952 Bruce E. Jones and Glade G. Jones Lincoln Kemmerer, WY 55 $284.35 3-6953 F-D Cattle Ranch, a Sole Proprietorship Lincoln Opal, WY 77 $398.09 3-6954 Domingo Echeveria Trust, Wells Fargo Bank, N.A. as Carbon 69 $356.73 Denver, CO Trustee 3-6955 Bradford S. Mead and Katherine L. Mead Hot Springs Jackson, WY 52 $268.84 3-6956 Barney Ranches, Inc. Sublette Big Piney, WY 75 $387.75 3-6957 Bates Creek Cattle Company Carbon Casper, WY 189 $977.13 3-6958 Holden Land Company, LLC Hot Springs Arlington, WA 172 $889.24 3-6959 Vermillion Ranch Limited Partnership, a WY Ltd. Prtn. Sweetwater Rock Springs, WY 138 $713.46 3-6960 Hellyer Limited Partnership Fremont Lander, WY 256 $1,323.52 3-6961 G & E Livestock, Inc. Sublette Farson, WY 202 $1,044.34 3-6962 Quarter Circle Five Ranch, LLC Sublette Pinedale, WY 50 $258.50 3-6963 Little Sandy Grazing Association Sublette Farson, WY 151 $780.67 3-6965 Q Creek Land and Livestock Company, LLC Carbon Bozeman, MT 108 $558.36 3-6966 Jack Creek Land and Cattle Company Carbon Saratoga, WY 243 $1,256.31 3-6968 Dexter Peak Ltd., a Limited Liability Company Carbon Rawlins, WY 40 $206.80 3-6969 Dee J. Hillberry Hot Springs Thermopolis, WY 35 $180.95 3-6970 Poston Land Company, LLC Fremont Riverton, WY 104 $537.68 3-6971 John Peroulis & Sons Carbon & Baggs, WY 347 $1,793.99 Sweetwater 3-6972 Donald F. Trussell and Doris K. Trussell Washakie Worland, WY 75 $387.75 3-6973 Joel M. Cowan and Carolyn P. Cowan, Husband & Wife Uinta Midway, UT 223 $1,152.91 3-6974 Charles W. Sylvester Fremont LaSalle, CO 298 $1,540.66 3-6976 Ragsdale Ranch, LLC Park Meeteetse, WY 626 $3,236.42 3-6977 Blair and Hay Land and Livestock Co. Fremont Rock Springs, WY 126 $651.42 3-6979 Alden R. Condict Carbon Saratoga, WY 186 $961.62 3-6980 Raftopoulos Brothers Livestock, a Colorado General Sweetwater Craig, CO 36 $186.12 Partnership, Consisting of John Raftopoulos and Steve Raftopoulos, General Partners 3-6981 Smith Rancho Land & Livestock, LLC Carbon & Craig, CO 100 $517.00 Sweetwater 3-6984 Peterson Livestock, LLC Carbon Rawlins, WY 326 $1,685.42 3-6985 Q Creek Land and Livestock Company, LLC Carbon Bozeman, MT 104 $537.68 3-6986 Estate of Billie S. Johnson Big Horn High Point, NC 50 $258.50

3-6988 Joseph B. Stratton Sweetwater Rawlins, WY 83 $429.11 3-6989 Frank Forshee and Nancy Forshee, Husband and Wife, ½ Washakie Powell, WY 68 $351.56 Interest, and Larry L. and Janette C. King, Husband and Wife, ½ Interest 3-6991 Hellyer Limited Partnership Fremont Lander, WY 74 $382.58 3-6993 V. Robert Thomsen Fremont Lander, WY 10 $51.70 3-6994 Diana Kay Jackson, a Single Person Carbon Saratoga, WY 66 $341.22 3-6995 M C Land & Cattle Limited Partnership Park Meeteetse, WY 755 $3,903.35 3-6997 Dunton Sheep Company Sublette Rock Springs, WY 146 $754.82 3-6999 Duane Rodewald and Deborah C. Rodewald, Husband & Sweetwater Rawlins, WY 88 $454.96 Wife as Tenants by the Entireties with Right of Surivorship 3-7001 760 Ranch Limited Liability Company Carbon Casper, WY 174 $899.58 3-7002 Bear River Land & Cattle, LLC Lincoln Idaho Falls, ID 171 $884.07 3-7003 Matthew L. Weber and Sherry L. Weber, Husband & Wife, Carbon Baggs, WY 16 $82.72 as Tenants by the Entireties with the Right of Survivorship 3-7004 Lloyd L. and Lorraine D. Day, with Right of Survivorship Fremont Lander, WY 90 $465.30 3-7005 Otter Creek Grazing Association, Inc. Washakie Ten Sleep, WY 65 $336.05 3-7006 The FS Ranch Corporation, a Texas Business Corporation Park Cody, WY 95 $491.15 3-7007 Sandstone Ranches Carbon Rawlins, WY 216 $1,116.72 3-7008 Ellen Richie and Sons, a Partnership Sublette Boulder, WY 74 $382.58 3-7009 TE Ranch Limited Partnership Park Cody, WY 230 $1,189.10 3-7010 Raymond L. and Janet K. Foxworthy Fremont Pavillion, WY 72 $372.24 3-7011 Carroll D. and Roberta B. Miller Carbon Greeley, CO 100 $517.00 3-7012 J. R. Broadbent Estate, d/b/a J. R. Broadbent Company Sweetwater Salt Lake City, UT 118 $610.06 3-7015 Robert Slagowski Sweetwater Manila, UT 202 $1,044.34 3-7016 J.C. Anderson & Sons, Inc. Sweetwater McKinnon, WY 89 $460.13 3-7017 Robert L. Whitlock and Judy F. Whitlock, Husband & Wife Fremont Lander, WY 114 $589.38 3-7018 Alsade Ltd. Sublette Big Piney, WY 182 $940.94 3-7020 Ark Land WR, Inc. Carbon St. Louis, MO 115 $594.55 3-7021 Woodruff Narrows Reservoir Company Uinta Salt Lake City, UT 52 $268.84 3-7022 Peter M. Flanigan Sublette Boulder, WY 368 $1,902.56 3-7023 Bell Butte Grazing Partnership, a Limited Partnership Lincoln Salt Lake City, UT 80 $413.60 3-7025 Fuller Ranch LLC Fremont Gillette, WY 5 $ 25.85 3-7026 Emma G. Schlenker Park Meeteetse, WY 134 $692.78 3-7027 Andrew Maneotis Sweetwater Craig, CO 64 $330.88

3-7031 RCA Family, LLC, a Wyoming Limited Liability Company Fremont Moran, WY 13 $67.21 3-7035 Flagstone Ranch, LLC Fremont Shoshoni, WY 118 $610.06 3-7049 Cathleen M. Purves, d/b/a Meadowlark Arabians Fremont Lander, WY 50 $258.50 3-7052 Harvey Frank Robbins, Jr. and Karen K. Robbins, H&W Hot Springs Thermopolis, WY 117 $604.89 3-7053 Richard L. and Roland B. Lewis Lincoln Kemmerer, WY 111 $573.87 3-7054 Lyman Ranch Company Washakie Ten Sleep, WY 1,042 $5,387.14 3-7058 Wind River Pastoral Company, LLC Sublette Venice, FL 80 $413.60 3-7060 Diamond X Ranch, LLC., a Wyoming Limited Liability Co. Fremont Shoshoni, WY 79 $408.43 3-7061 Richardson Land & Livestock, LLC Washakie Worland, WY 77 $398.09 3-7062 E. O. Bischoff Ranch, a Wyoming Corporation Big Horn Lovell, WY 126 $651.42 3-7063 James D. Smith and Jill W. Smith, H&W, as Tenants by Sweetwater Evanston, WY 354 $1,830.18 the Entireties with the Right of Survivorship 3-7065 Eastfork Livestock, Inc. Sublette Boulder, WY 519 $2,683.23 3-7066 Robert L. and Judy F. Whitlock Fremont Lander, WY 263 $1,359.71 3-7067 Melvin D. Hutchings and Virginia Hutchings Lincoln Thayne, WY 97 $501.49 3-7069 Chris Pfister and Susan Lasher Hot Springs Worland, WY 96 $496.32 3-7070 Bear River Land & Cattle, LLC Lincoln Idaho Falls, ID 40 $206.80 3-7074 Gardner Livestoack, LLC, a Wyoming Limited Liability Co. Fremont Lysite, WY 97 $501.49 3-7075 Estate of Vera Kirk Hittle, Forest K. Hittle and Suzanne C. Sublette Boulder, WY 1,143 $5,909.31 Michnevich 3-7076 Rimfire Ranch, LLC Sublette Daniel, WY 111 $573.87 3-7077 Ronald L. Simek Park Genoa, NV 95 $491.15 3-7079 Big Hat Ranch, LLC Park Cody, WY 126 $651.42 3-7081 Rice Ranch, Inc. Big Horn Ten Sleep, WY 122 $630.74 3-7082 P/T, Inc. Sublette Big Piney, WY 245 $1,266.65 3-7083 Kenneth R. Petersen Lincoln Cokeville, WY 213 $1,101.21 3-7084 John Herbst, Jr. Fremont Shoshoni, WY 47 $242.99 3-7085 Battle Axe Cattle Co., Inc. Fremont Buffalo, WY 7 $36.19 3-7094 G & E Livestock, Inc. Sublette Farson, WY 28 $144.76 3-7095 William R. Flagg Fremont Riverton, WY 131 $677.27 3-7100 V Cross Cattle Company, a Wyoming Corporation Lincoln Kemmerer, WY 95 $491.15 3-7102 Trail Creek Partners, a Wyoming Partnership Park Cody, WY 109 $563.53 3-7103 Larsen Ranch Company Park Meeteetse, WY 153 $791.01 3-7104 Greet Ranch, Inc. Washakie Ten Sleep, WY 20 A. Cult @15/BU Acre 539 $2,911.43 3-7107 Diamond H. Ranch, Inc., a Wyoming Corporation Lincoln Kemmerer, WY 47 $242.99

3-7121 Julian Land and Livestock Company Lincoln Kemmerer, WY 100 $517.00 3-7123 Axtell Ranches, LLC Hot Springs Thermopolis, WY 40 $206.80 3-7125 Agate Harbor Corporation Washakie Worland, WY 22 $113.74 3-7127 James D. Smith and Jill W. Smith Sweetwater Evanston, WY 9 $46.53 3-7128 Castle Rock Land and Livestock Company, a Utah General Partnership 3-7130 Ellen M. Fox Fremont Rawlins, WY 41 $211.97 3-7134 Gordon Thornock Lincoln Cokeville, WY 299 $1,545.83 3-7137 G & E Livestock, Inc. Sublette Farson, WY 98 $506.66 3-7138 760 Ranch Limited Liability Company Carbon Casper, WY 179 $925.43 3-7139 Charles T. McIntosh, an Undivided 75.36% Interest: Fremont Jeffrey City, WY 219 $1,132.23 Joseph E. McIntosh, an Undivided 24.64%. 3-7140 Patrick K. Kelly and Leona F. Kelly Hot Springs San Jose, CA 41 $211.97 3-7142 James Cover, Jr. and Lynda Covert Park Cody, WY 163 $842.71 3-7144 Andrie Land Co., LLC, a Wyoming Limited Liability Co. Washakie Kenilworth, IL 38 $196.46 3-7145 The Double J Ranch, LLC, a Delaware Limited Liability Co. Sublette Daniel, WY 130 $672.10 3-7146 K-H Cornia Investments Limited Co. Lincoln Cokeville, WY 37 $191.29 3-7147 Gary Gordon Fremont Riverton, WY 96 $496.32 3-7148 Estate of Vernon R. Drwenski Big Horn Oklahoma City, OK 159 $822.03 3-7149 Breeden Brothers, a General Partnership Washakie Ten Sleep, WY 65 $336.05 3-7151 Uinta Livestock Grazing Partnership, a Limited Partnership Uinta Salt Lake City, UT 1,769 9,145.73 3-7153 Blattland Investments, LLC Sublette Cora, WY 365 $1,887.05 3-7155 Ira Sankey and Roberta Sankey, Husband and Wife Park Joliet, MT 184 $951.28 3-7156 Russell Ranch, LLC Hot Springs Thermopolis, WY 74 $382.58 3-7159 The Bennett Creek Sheep Company Park Powell, WY 55 $284.35 3-7160 William R. Murdoch and Barbara J. Murdoch Hot Springs Greybull, WY 138 $713.46 3-7161 Mooncrest Ranch, a Wyoming Corporation Park Cody, WY 111 $573.87 3-7162 Gary A. Barney Fremont Lander, WY 96 $496.32 3-7163 Bradley D. Bilyeu Park Meeteetse, WY 149 $770.33 3-7165 Graham Ranch, Inc. Fremont Lander, WY 76 $392.92 3-7167 TE Ranch Limited Partnership Park Cody, WY 39 $201.63 3-7168 Trail Creek Partners, a Wyoming Partnership Park Cody, WY 1,201 $6,209.17 3-7174 Donald Behunin and Kaye Behunin Sweetwater McKinnon, WY 54 $279.18 3-7177 Glenn H. Burgett and Georgiana Burgett Fremont Lysite, WY 152 $785.84 3-7179 Elk Mountain Land Co., LLC, a Wyoming LLC Fremont Holden Beach, NC 266 $1,375.22

3-7181 Julian Land & Livestock Co. Lincoln Kemmerer, WY 147 $759.99 3-7183 Forshee Trust Big Horn Powell, WY 161 $832.37 3-7188 Jack C. Sims and Lynda J. Sims, Trustees Lincoln LaBarge, WY 186 $961.62 3-7190 Sun Land and Cattle Company, a Wyoming Corporation Sweetwater Alcova, WY 75 $387.75 3-7191 Robert J. Peternal Revocable Trust Lincoln Kemmerr, WY 99 $511.83 3-7192 Mark R. Redland Washakie Ten Sleep, WY 24 $124.08 3-7193 Magagna Brothers, Inc. Sublette Rock Springs, WY 80 $413.60 3-7196 Hamilton Ranch, Incorporated Big Horn Hyattville, WY 147 $759.99 3-7197 Rodney L. Crosby Big Horn Cowley, WY 44 $227.48 3-7198 John F. Mercer, Inc. Big Horn Hyattville, WY 47 $242.99 3-7199 Crofts Sheep Company, Incorporated Fremont Riverton, WY 347 $1,793.99 3-7200 Robert McIntosh, Carol McIntosh and Dale McIntosh Big Horn Burlington, WY 253 $1,308.01 3-7202 Joeann Jones Hot Springs Thermopolis, WY 24 $124.08 3-7203 Rock Springs Grazing Association Sweetwater Rock Springs, WY 139 $718.63 3-7206 ZE Ranch Co., a Wyoming Corporation Park Meeteetse, WY 52 $268.84 3-7208 DJR Land & Livestock Ltd. Lincoln Lyman, WY 64 $330.88 3-7210 Roland C. and Linda L. Willis Lincoln Cokeville, WY 169 $873.73 3-7211 Grey River Livestock Company, a Sole Proprietorship Sublette Rock Springs, WY 176 $909.92 3-7214 Hampton Sheep Company, Inc. Washakie Worland, WY 198 $1,023.66 3-7216 Galloway Ranch, LLC Washakie Ten Sleep, WY 94 $485.98 3-7217 Tobin Land Company LLC Washakie Casper, WY 131 $677.27 3-7219 Looney Family Limited Partnership Sublette Pinedale, WY 21 $108.57 3-7221 Dunton Sheep Company Sublette Rock Springs, WY 140 $723.80 3-7222 Midland Live Stock Company Sublette Rock Springs, WY 233 $1,204.61 3-7223 Dunton Sheep Company Sublette Rock Springs, WY 149 $770.33 3-7224 Midland Live Stock Company Sublette & Rock Springs, WY 112 $579.04 Sweetwater 3-7227 Dale Neff and Peggy Neff Park Cody, WY 47 $242.99 3-7228 G & E Livestock, Inc. Sublette Farson, WY 407 $2,104.19 3-7229 Stephen S. and Carol A. Jones Hot Springs Thermopolis, WY 89 $460.13 3-7232 Bray Ranch, Inc. Sublette Big Piney, WY 178 $920.26 3-7233 J. F. Ranch, Inc. Lincoln & Big Piney, WY 189 $977.13 Sublette 3-7239 Bruce E. Jones Lincoln Kemmerer, WY 44 $227.48 3-7241 David Hinkle Fremont Lander, WY 122 $630.74

3-7242 FBNF Limited Partnership, a Wyoming Limited Partnership Sublette Big Piney, WY 809 $4,182.53 3-7243 Sedey Ranch, Inc. Lincoln Kemmerer, WY 63 $325.71 3-7244 Murphree Family Corporation Fremont Crystal Lake, IL 94 $485.98 3-7245 Sundown, Inc., a Wyoming Corporation Washakie Casper, WY 58 $299.86 3-7246 Jason J. Thornock Lincoln Cokeville, WY 193 $997.81 3-7249 The FS Ranch Corporation, a Texas Business Corporation Park Cody, WY 172 $889.24 3-7253 Quarter Circle Five Ranch, LLC Sublette Pinedale, WY 138 $713.46 3-7254 J. R. Broadbent Estate, d/b/a J. R. Broadbent Company Uinta Salt Lake City, UT 191 $987.47 3-7255 Harvey Frank Robbins, Jr. and Karen K. Robbins, H&W Hot Springs Thermopolis, WY 115 $594.55 3-7257 Flitner Ranch Big Horn Greybull, WY 152 $785.84 3-7260 J. R. Broadbent Estate, d/b/a J. R. Broadbent Company Sweetwater Salt Lake City, UT 81 $418.77 3-7261 Kelly and Iris Jasperson, d/b/a Jasperson Ranch Lincoln Thayne, WY 83 $429.11 3-7263 Basin Land & Livestock Co. Big Horn Boulder, CO 155 $801.35 3-7266 Little Sandy Grazing Association Sublette Farson, WY 826 $4,270.42 3-7268 Gros Ventre Investment Co. Sublette Jackson, WY 200 $1,034.00 3-7270 Gordon Thornock Lincoln Cokeville, WY 21 $108.57 3-7271 GZ Livestock Company, a Wyoming General Partnership Sweetwater Eden, WY 60 $310.20 3-7274 White Acorn Ranch Sublette Lander, WY 478 $2,471.26 3-7276 Bell Butte Grazing Partnership, a Wyoming Limited Prtnsp. Lincoln Salt Lake City, UT 113 $584.21 3-7277 W & M Thoman Ranches, LLC Lincoln & 301 $1,556.17 Green River, WY Sweetwater 3-7278 William H. Jolley Sweetwater Wamsutter, WY 31 $160.27 3-7280 S. Robert Leaver Family Limited Partnership Sublette Las Vegas, NV 269 $1,390.73 3-7287 Harvey Frank Robbins, Jr. and Karen K. Robbins, H&W Hot Springs Thermopolis, WY 186 $961.62 3-7288 Louis Zierlein and August Zierlein Big Horn Burlington, WY 116.50 A. Cult. @ 4% Value 34 $3,204.78 3-7289 Wind River Pastoral Company, LLC Sublette Venice, FL 166 $858.22 3-7290 J. R. Broadbent Estate, d/b/a J.R. Broadbent Co. Sweetwater Salt Lake City, UT 45 $232.65 3-7292 Magagna Brothers, Inc. Sublette Rock Springs, WY 107 $553.19 3-7293 George Robert Eyre Uinta Lyman, WY 54 $279.18 3-7294 John B. Roden, Jr. and Ellen Roden Hot Springs Thermopolis, WY 257 $1,328.69 3-7295 Cameron Properties Limited Partnership and Lott Lincoln Kemmerer, WY 242 $1,251.14 Partnership II, a General Partnership 3-7297 Frank Forshee and Nancy Forshee, Husband and Wife Washakie Powell, WY 6 $31.02 3-7299 Bell Butte Grazing Partnership, a Limited Partnership Lincoln Salt Lake City, UT 216 $1,116.72 3-7300 Carl L. Bair Big Horn Lovell, WY 34 $175.78

3-7301 Bob G. Cherry and Carol R. Cherry Park Cody, WY 12 $ 62.06 3-7302 Thomas W. and Laurie D. Pettinger, Husband and Wife Park Cody, WY 75 $387.75 3-7304 Jay B. Downs and Rebecca Downs Sublette Big Piney, WY 24 $124.08 3-7309 Broken Back Ranch Washakie Ten Sleep, WY 180 $930.60 3-7310 Orchard Ranch Limited Partnership Washakie Ten Sleep, WY 200 $1,034.00 3-7313 Conwell-Gildea Ranch, LLC Sublete San Diego, CA 244 $1,261.48 3-7861 ZE Ranch Co., a Wyoming Corporation Big Horn & Meeteetse, WY 593 $3,065.81 Park 3-7899 Q Creek Land and Livestock Company, LLC Carbon Bozeman, MT 210 $1,085.70 3-8076 Stratton Sheep Company, a Wyoming Corporation Carbon Rawlins, WY 22 $113.74 3-8314 Robert Redland as Trustee of the Robert Redland Big Horn Manderson, WY 50 $258.50 Revocable Trust Dated Oct. 30, 2002, One-Half (1/2) and Irene Redland as Trustee of the Irene Redland Revocable Trust Dated Oct. 30, 2002, One-Half (1/2) 3-8326 Shepperson Beaver Rim Creek Family Limited Big Horn and Meeteetse, WY 205 $1,059.85 Partnership, a Wyoming Limited Partnership Park 3-8330 Howard Becker Park Deaver, WY 24.5 A. Cult. @4% Value 1 $446.17 3-8363 Matt M. Brown and Teresa H. Brown Hot Springs Thermopolis, WY 477 $2,466.09 3-8367 Robert Bruce Porter, Ltd. Teton Jackson, WY 11 $56.87 3-8369 Howard F. Stirn and Cara S. Stirn Teton Teton Village, WY 9 $46.53 3-8375 Adele J. Snyder Big Horn Greybull, WY 3 $15.51 3-8420 Frank Ranches, Inc. Fremont Lander, WY 186 $946.11 3-8423 3 Bar X Ranch, Inc. Fremont Lander, WY 74 $382.58 3-8429 Roland C. & Linda L. Willis Lincoln Cokeville, WY 32 $165.44 3-8435 Dave Grabbert Ranch, Inc. Park Cody, WY 71 $367.07 3-8438 Roland C. & Linda L. Willis Lincoln Cokeville, WY 290 $1,499.30 3-8444 Poston Land Company, LLC Fremont Riverton, WY 34 $175.78 3-8457 Jennifer Ann McIntosh and Joe E. McIntosh, W & H Fremont Rawlins, WY 193 $997.81 3-8461 Chaska Hall Reitz, d/b/a L.M. Hall and Company Park Cody 74.60 A. Cult. @ 4% Value 169 $2,410.49 3-8462 Split Rock Holdings, LLC, a Wyoming Limited Liability Co. Carbon Eaton, CO 40 $206.80 3-8468 John R. Alm Washakie Hyattville, WY 19 $98.23 3-8470 Spring Gulch Cattle Co., a Wyoming Corporation Hot Springs Powell, WY 338 $1,747.46 3-8476 Tolman Livestock Company Park Powell, WY 56 $289.52 3-8479 Green Mountain 46 Ranch, Inc. Fremont Lander, WY 204 $1,054.68 3-8481 Gary P. Ventling Park Cody, WY 25 $129.25

3-8484 Thomsen Orchards, Inc. Fremont Lander, WY 115 $594.55 3-8489 Richard D. Smith Sublette Wichita, KS 47 $242.99 3-8491 Pathfinder Ranch, Inc. Carbon St. Louis, MO 3,265 $16,880.05 3-8493 Three Forks Ranch Corporation Carbon Savery, WY 122 $630.74 3-8499 Kelley Cattle Company, LLC Carbon St. Paul, MN 164 $847.88 3-8500 Joe and Vicky Nehl Washakie Worland, WY 20 $103.40 3-8507 Montgomery Livestock Co. Carbon Dixon, WY 238 $1,230.46 3-8511 John R. Alm Washakie Hyattville, WY 263 $1,359.71 3-8523 Philp Sheep Co. Fremont Shoshoni, WY 102 $527.34 3-8526 Double Dollar Land & Livestock, LLC Big Horn Lovell, WY 52 $268.84 3-8529 RO Bar Ranches, Inc., a Wyoming Corporation Fremont Lysite, WY 29 $149.93 3-8536 Sun Land & Cattle Co. Sweetwater Alcova, WY 13 $67.21 3-8539 Loretta Bischoff Big Horn Lovell, WY 197 $1,018.49 3-8571 Barney Ranches, Inc. Sublette Big Piney, WY 53 $274.01 3-8574 H. Frank Robbins, Jr. and Karen P. Robbins Hot Springs Thermopolis, WY 206 $1,065.02 3-8576 Charles G. Perkins Trust Dated 2/1/2001 Park Cody, WY 17 $87.89 3-8600 Orchard Ranch Limited Hot Springs & Ten Sleep, WY 2,749 $14,212.33 Washakie 3-8605 Spring Gulch Cattle Co., a Wyoming Corporation Hot Springs Powell, WY 152 $785.84 3-8617 D. T. Abernathy and/or Poor Farm, LLC Fremont Lander, WY 23 $118.91 3-8620 Kent Lewton Washakie Ten Sleep, WY 16 $82.72 3-8627 Charles R. Firnekas and Elizabeth B. Firnekas, Husband & Washakie Kaycee, WY 152 $785.84 Wife, as Tenants by the Entireties 3-8646 Patricia Holland Roussel, Pamela Ann Holland and Washakie Worland, WY 45 $232.65 Michael Louis Albert Holland 3-8652 Ferris Mountain Ranch, Inc. Carbon Rawlins, WY 608 $3,143.36 3-8659 Robert L. Whitlock and Judy F. Whitlock, Husband & Wife Fremont Lander, WY 79 $408.43 3-8706 YU Land & Cattle LLC Big Horn Meeteetse, WY 77 $398.09 3-8710 Lewton Operating Company, a WY Limited Partnership Washakie Ten Sleep, WY 79 $408.43 3-8716 Quarter Circle Eleven Ranch, LLC, a Wyoming LLC Park Cody, WY 444 $2,295.48 3-8717 Circus Investments, LLC Washakie Casper, WY 129 $666.93 3-8721 Elk Mountain Land Co., LLC, a Wyoming Limited Liability Fremont Holden Beach, NC 309 $1,597.53 Company 3-8722 Abernathy Ranches, LLC, a Wyoming Limited Liability Co. Fremont Lander, WY 133 $687.61

3-8727 John D. Armstrong, William L. Bregar and Annette E. Fremont Lander, WY 72 $372.24 Bregar 3-8732 Russell Ranch, LLC Hot Springs Thermopolis, WY 13 $67.21 3-8734 Pete Scripps Park Cody, WY 110 $568.70 3-8735 Joel Cowan Uinta Midway, UT 16 $82.72 3-8737 Ingrid Buchmeier Fremont Lander, WY 27 $139.59 3-8744 J. Michael Gottfredson Uinta Salt Lake City, UT 10 $51.70 3-8758 Estate of Norman Sanford Hot Springs Buffalo, WY 114 $589.38 3-8761 Wyoming Land & Ranches, LLC Uinta Prescott, AZ 137 $708.29 3-8762 Hagen Properties, LLC, a Wyoming Limited Liability Co. Park Meeteetse, WY 173 $894.41 DIRECTOR'S RECOMMENDATION: The Director recommends approval of these lease applications at the annual rental shown. The annual rental is based on $5.17/AUM for 2007. The leases are to be issued for a ten (10) year term. BOARD ACTION: