Sino-Forest Corporation Addresses Increased Share Trading Activity



    TORONTO, Sept. 21 /CNW/ - At the request of Market Surveillance on behalf
of the Toronto Stock Exchange and in response to a recent increase in trading
volume and trading prices, Sino-Forest Corporation (the "Company") (TSX:TRE
and TRE.S) today confirmed that it is not aware of any undisclosed material
changes relating to the Company or its business.

    About Sino-Forest Corporation

    Sino-Forest Corporation is a leading commercial forestry plantation
operator in China. The Canadian company started its operations in 1994 and was
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, logs and wood chips,
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.

    Please note: This press release contains projections and forward-looking
statements regarding future events. Such forward-looking statements are not
guarantees of future performance of the Company and are subject to risks and
uncertainties that could cause actual results and company plans and objectives
to differ materially from those expressed in the forward-looking statements.
Such risks and uncertainties include, but not limited to, changes in China and
international economies; changes in currency exchange rates; changes in
worldwide demand for the Company's products; changes in worldwide production
and production capacity in the forest products industry; competitive pricing
pressures for the Company's products and changes in wood and timber costs.

    %SEDAR: 00001894E




For further information:

For further information: DAVE HORSLEY - Senior Vice President & Chief
Financial Officer, Tel: (905) 281-8889, Email: davehorsley@sinoforest.com;
LOUISA WONG - Senior Manager, Investor Communications & Relations, Tel: +852
2514 2109, Email: louisa-wong@sinoforest.com

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Sino-Forest Corporation

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