Temasek clarifies shareholding in Sino-Forest Corporation

    HONG KONG, April 18 /CNW/ - Temasek Holdings (Private) Limited today
clarified that it had, through its indirect wholly-owned subsidiaries, Aranda
Investments Pte. Ltd. and Ellington Investments Pte. Ltd., acquired
approximately 13.19% of the outstanding common shares of Sino-Forest
Corporation, not 15.52% as previously reported by press release issued on
April 10, 2007. As previously reported, Temasek Holdings acquired 21,551,912
common shares of Sino-Forest.

For further information:

For further information: Lim Siow Joo (Ms), Associate Director,
Corporate Affairs, Temasek Holdings (Private) Limited, 60B Orchard Road, No.
06-18 Tower 2, The Atrium@Orchard, Singapore 238891, Tel: +65 6828 6503,

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