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Management Side
Technical Side
Sino-Forest Corp.Completes CAD 201 million Public Offering
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Toronto, Ontario, Canada, 12 June 2007 -– Sino-Forest Corporation (TSX: TRE and TRE.S) today announced that it has completed a public offering of 15,900,000 common shares at CAD 12.65 per share for gross proceeds of CAD 201,135,000.

The offering included the exercise of the over-allotment option by the underwriters to purchase 2,000,000 common shares. The offering was underwritten by a syndicate led by Dundee Securities Corporation and included CIBC World Markets Inc., Credit Suisse Securities (Canada) Inc., Merrill Lynch Canada, Inc., UBS Securities Canada Inc., and Haywood Securities Inc. In addition to the offering in Canada, a portion of the offering was sold on a private placement basis in the United States, Asia, and elsewhere.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.

About Sino-Forest Corporation

Sino-Forest Corporation, a Canadian company, is a leading commercial forestry plantations operator in China. The company started its operations in 1994 and is the first foreign and privately managed operator involved in forest products in China. Its principal businesses include the ownership and management of
forestry plantation trees and sales of standing timber, wood chips and logs, and complementary manufacturing of downstream engineered-wood products. The corporation’s common shares trade on the Toronto Stock Exchange under the symbol TRE since 1995.


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