Sino-Forest Amends Plan of Compromise and Reorganization - Meeting of Creditors to Proceed on December 3, 2012

    Sino-Forest Amends Plan of Compromise and Reorganization - Meeting of
                   Creditors to Proceed on December 3, 2012

PR Newswire

TORONTO, Dec. 3, 2012

TORONTO, Dec. 3, 2012 /PRNewswire/ - Sino-Forest Corporation ("Sino-Forest" or
the "Company") today announced that it has made certain additional  amendments 
to the Plan  of Compromise  and Reorganization  dated November  28, 2012  (the 
"Plan") as  a result  of further  discussions among  the Company,  the ad  hoc 
committee  of  the  Company's  noteholders  and  other  participants  in   the 
Companies'  Creditors  Arrangement  Act  (Canada)  (the  "CCAA")   proceedings 
involving the Company. The amendments were  made in accordance with the  terms 
of the Plan  and the Plan  Filing and  Meeting Order of  the Ontario  Superior 
Court of Justice (the "Court") dated August  31, 2012 and with the consent  of 
the ad hoc committee of the Company's noteholders. A copy of the Plan will  be 
available on the Monitor's website at  http://cfcanada.fticonsulting.com/sfc. 
In the interim, a copy of the Plan may be obtained by sending an email request
to the Monitor at sfc@fticonsulting.com.

As previously announced, the meeting of creditors to consider the Plan will be
held at 10:00  a.m. on December  3, 2012,  at the offices  of Gowling  Lafleur 
Henderson LLP, counsel  to the  Court-appointed Monitor, at  1 First  Canadian 
Place, 100 King Street West, 16th Floor, Toronto, Ontario.

Noteholders representing an aggregate of over 72% of the outstanding principal
amount of Sino-Forest's notes have agreed to vote in favour of and to  support 
the Plan.

SOURCE Sino-Forest Corporation

Contact:

All inquiries regarding the Company's proceedings under the CCAA should be
directed to the Monitor, FTI Consulting, via email at:sfc@fticonsulting.com,
or telephone: (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 websitehttp://cfcanada.fticonsulting.com/sfc.
 
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