Valiant Trust Company appointed transfer agent for Sino-Forest Corporation

TORONTO, March 11 /CNW/ - Valiant Trust Company (Valiant Trust) today announced its appointment as transfer agent and registrar for the common shares of Sino-Forest Corporation (Sino-Forest). The common shares are traded on the Toronto Stock Exchange under the symbol "TRE". Valiant Trust has also been appointed as administrator of the Sino-Forest stock option plan.

"Valiant is extremely pleased to add to our growing list of clients a premier company like Sino-Forest. We look forward to a long and successful relationship with Sino-Forest as we continue to develop our business in Ontario," said Adrian Baker, President of Valiant Trust.

Sino-Forest's Senior Vice President and Chief Financial Officer David Horsley added, "Sino-Forest has shareholders around the world and is growing rapidly. We look forward to benefiting from Valiant's customer-focused, value-added services, including its efficient new online service for stock option plans."

About Valiant Trust

Valiant Trust Company is a deposit-taking federal trust company that provides corporate trust, stock transfer, and employee incentive plan services to public and private companies. Clients are serviced through offices in Calgary, Edmonton, Toronto, and Vancouver. Valiant Trust is a wholly owned subsidiary of Canadian Western Bank, which is listed on the Toronto Stock Exchange under the trading symbol 'CWB'. For more information visit www.valianttrust.com.

About Sino-Forest Corporation

Sino-Forest is a leading commercial forest plantation operator in China. Its principal businesses include the ownership and management of forest plantation trees and sales of standing timber, wood logs, and complementary manufacturing of downstream engineered-wood products. The Corporation's common shares have traded on the Toronto Stock Exchange under the symbol TRE since 1995. Learn more at www.sinoforest.com .

For further information: Adrian Baker, President, Valiant Trust Company, Phone: [phone], Cell: [phone], Email: [email protected]