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SENECA II MINE RECLAMATION LIABILITY AND BOND RELEASE HISTORY <br />Beginning Liability / Revised Liability / <br />Required Surety Required Surety <br />Total Liability Both Areas - TR37 $10,839,506.00 <br />Phase I Release ($3,679,464.00) $7,160,042.00 <br />TR-41 $23,447.00 $7,183,489.00 <br />Pre-Law ($871,645.00) $6,311,844.00 <br />Phase II ($1,975,695.00) $4,336,149.00 <br />Current <br />Int./Perm. Program Beginning Liability <br />Phase I - up to 60% <br />Phase II - up to add'I 25% <br />Phase III - up to add'I 15% <br />$4,336,149.00 <br />Maximum Release Amount <br />$9,507,953.00 <br />,($5,704,771.80) <br />($2,376,988.25) <br />($1,426,192.95) <br />Actual Release Amount <br />($3,481,593.00) <br />($1,975,695.00) <br />Revised Required Surety <br />$6,026,360.00 <br />$4,050,665.00 <br />Total released Phase I and all Pre-Law was $4,551,109.00. <br />SCC/DRMS agreed to separate Pre-Law and Interim/Permanent program, so Pre-Law Release was $1,069,516.00. <br />After backing out the pre-law release of $1,069,516.00, $3,481,593.00 has been released for Phase I on int./permanent program. <br />4