An anonymous director reports

SINO-FOREST COMMON SHARES TO BE DELISTED FROM TORONTO STOCK EXCHANGE

The continued listings committee of the Toronto Stock Exchange has determined to delist Sino-Forest Corp.'s common shares effective at the close of market on May 9, 2012.

The delisting was imposed due to Sino-Forest's failure to meet the continued listing requirements of the TSX as a result of the commencement of proceedings under the Companies' Creditors Arrangement Act on March 30, 2012, and for failure to file on a timely basis its interim financial statements for the three and nine months ended Sept. 30, 2011, and its audited annual financial statements for the year ended Dec. 31, 2011. Sino-Forest continues to be subject to a cease trade order of the Ontario Securities Commission which prohibits trading in the company's securities.

All inquiries regarding the CCAA proceedings should be directed to the monitor, FTI Consulting Canada Inc., by e-mail at sfc@fticonsulting.com or by telephone at 416-649-8094. Information about the CCAA proceedings, including copies of all court orders and the monitor's reports, are available at the monitor's website.