Sino-Forest has deposited the principal amount of the 2011 Notes, being US$87,670,000, together with accrued interest, with Citibank, N.A., the paying agent under the Indenture governing the 2011 Notes. Following the repayment, the 2011 Notes will be cancelled and de-listed from the SGX-ST.
Sino-Forest Chairman & CEO Allen Chan said, “We would like to take this opportunity to thank our bondholders for their long-term support of Sino-Forest.” Questions regarding the repayment should be directed to Law Debenture Trust Company of New York.About Sino-Forest CorporationSino-Forest Corporation is a leading commercial forest plantation operator in China. Its principal businesses include the ownership and management of tree plantations, the sale of standing timber and wood logs, and the complementary manufacturing of downstream engineered-wood products. Sino- Forest also holds a majority interest in Greenheart Group Limited (HKSE:00094), a Hong-Kong listed investment holding company with assets in Suriname (South America) and New Zealand and involved in sustainable harvesting, processing and sales of its logs and lumber to China and other countries. Sino- Forest’s common shares have been listed on the Toronto Stock Exchange under the symbol TRE since
1995. Learn more at www.sinoforest.com.FOR FURTHER INFORMATION PLEASE CONTACT:
SINO-FOREST CORPORATIONToronto
Dave Horsley
- Senior Vice President & Chief Financial Officer
Tel: +905 281 8889
Email: davehorsley@sinoforest.com
Hong Kong
Louisa Wong
- Senior Manager, Investor Communications & Relations
Tel: +852 2514 2109
Email: louisa-wong@sinoforest.com
BRUNSWICK GROUP LIMITEDEmail: sinoforest@brunswickgroup.com
New York
Cindy Leggett-Flynn
Stan Neve
Tel: +1 212 333 3810
Hong Kong Tim Payne Joseph Lo
Tel: +852 3512 5000
Page 1 of 1