Jul 06, 2009. /Lesprom Network/. Sino-Forest Corporation, a leading commercial forest plantation operator in China, announced today that it has received notices from Mandra Forestry Finance Limited purporting to terminate the Operating Management Agreement and Master Sales Agreement, each dated May 11, 2005, between Mandra and a subsidiary of Sino-Forest. Management of Sino-Forest believes that such termination notices are without merit and intends to dispute the validity of such notices. However, if the notices are not withdrawn by Mandra and if it is ultimately determined by a court or through arbitration that the termination notices are valid, the option currently held by Sino-Forest to purchase additional equity in Mandra would be terminated. Sino-Forest Corporation is a leading commercial forest plantation operator in China. Its principal businesses include the ownership and management of forest plantation trees, the sale of standing timber and wood logs, and the complementary manufacturing of downstream engineered-wood products. The Company's common shares have traded on the Toronto Stock Exchange under the symbol TRE since 1995.