SUBSCRIBER NOTE: Platts to start assessing 2017 RINs July 1, 2016

Effective Friday, July 1, 2016, Platts will start publishing 2017 RIN values for Ethanol RIN (D6), Biodiesel RIN (D4), Advanced Biofuel RIN (D5) and Cellulosic Biofuel RINs (D3).

This is in line with the methodology which states that Platts will launch year-ahead RIN assessments on the first working day of July of the prior year.

The assessments will be published under the following lifetime calender codes:

RD62017 Ethanol RIN Cal 2017 RD42017 Biodiesel RIN Cal 2017 RD52017 Advanced Biofuel RIN Cal 2017 RD32017 Cellulosic Biofuel RIN Cal 2017

The following rolling codes will also be applied to the year ahead 2017 RIN assessments for the period between July 1, 2016 to January 31, 2017. RINCY03 Ethanol RIN Cal 2017 BDRCY03 Biodiesel RIN Cal 2017 ABRCY03 Advanced Biofuel RIN Cal 2017 CBRCY03 Cellulosic Biofuel RIN Cal 2017

These assessments will appear in the daily Platts Biofuelscan, Weekly Global Ethanol Report and the Weekly Global Biodiesel Report. They will also appear on the Platts Biofuels Alert page 10, 210 and 301.

Platts welcomes all feedback and questions to americas_ags@platts.com, with a cc to pricemethodology@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.