TORONTO, CANADA – January 30, 2013 – Sino-Forest Corporation (“Sino-Forest” or the “Company”) today announced that it has implemented its previously announced Plan of Compromise and Reorganization dated December 3, 2012 pursuant to the Companies” Creditors Arrangement Act (Canada) (the “CCAA”) and the Canada Business Corporations Act (as amended, the “Plan”) with an implementation date of January 30, 2013. As previously announced, the Plan was overwhelmingly approved by creditors at a meeting of affected creditors held on December 3, 2012 and received approval of the Ontario Superior Court of Justice on December 10, 2012.