IN the MATTER of the COMPANIES' CREDITORS R.S.C. 1985, C

Court File No . CV-12-9667-00-CL

ONTARIO SUPERIOR COURT OF JUSTICE CO M MERCI AL LI ST

IN THE MATTER OF THE COMPANIES' CREDITORS R.S.C. 1985, c. C-36, AS AMENDED ARRANGEMENTACT,

AND IN THE MATTER OF A PLAN OF COMPROMISE AND ARRANGEMENT OF SINO-FOREST CORPORATION

Court File No .: CV-11- 431153-00C P

ONTARIO SUPERIOR COURT OF JUSTICE

BETW EEN:

THE TRUSTEES OF THE LABOURERS' PENSION FUND OF CENTRAL AND EASTERN CANADA, THE TRUSTEES OF THE INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 793 PENSION PLAN FOR OPERATING ENGINEERS IN ONTARIO, SJUNDE AP-FONDEN, DAVID GRANT and ROBERT WONG

Plaintiffs - and-

SINO-FOREST CORPORATION, ERNST YOUNG LLP, BDO LIMITED (formerly & known as BDO MCCABE LO LIMITED), ALLEN T.Y. CHAN, W. JUDSON MARTIN, KAI KIT POON, DAVID J. HORSLEY, WILLIAM E. ARDELL, JAMES P. BOWLAND, JAMES M.E. HYDE, EDMUND MAK, SIMON MURRAY, PETER WANG, GARRY J. WEST, CREDIT SUISSE SECURITIES (CANADA), INC., TD SECURITIES INC., DUNDEE SECURITIES CORPORATION, RBC DOMINION SECURITIES INC., SCOTIA CAPITAL INC., CIBC WORLD MARKETS INC., MERRILL LYNCH CANADA INC., CANACCORD FINANCIAL LTD., MAISON PLACEMENTS CANADA INC., CREDIT SUISSE SECURITIES (USA) LLC and MERRILL LYNCH, PIERCE, FENNER SMITH INCORPORATED (successor by & merger to Banc of America Securities LLC) Defendants Proceeding under the Class Proceedings Act, 1992

MOTION RECORD OF OBJECTIONS (Returnable May 11, 2015) April 24, 2015 KOSKIE MINSKY LLP 20 Queen StreetWest, Suite 900 Toronto, ON M5H 3R3 Kirk Baert Jo nathan Ptak Tel: 416.977.8353 Fax: 416.977.3316 I

PALIARE ROLAND ROSENBERG ROTHSTEIN LLP 250 Un iversity Avenue, Suite 501 Toronto, ON M5H 3E5 Ken Rosenberg Massimo Starnino Tel: 416.646.4300 Fax: 416.646.4301 I

SISKINDS LLP 680 Waterloo Street London, ON N6 A 3V 8 A. Dimitri Lascaris Charles M.Wright Tel: 519. 672.2121 Fax: 519.672.6065 I

Lawyers for the Ad Hoc Committee of Purchasers of the Applicant's Securities, including the Representative Plaintiffs in the On tario Class Action

TO: THE ATTACHED SERVICE LIST Court File No. CV-12-9667-00-CL

ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)

IN THE MATTER OF THE COMPANIES' CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. c-36, AS AMENDED

AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRANGEMENT OF SINO-FOREST CORPORATION

SERVICE LIST (as at April 2015)

TO: BENNETT JONES LLP AND GOWLINGLAFL EUR HENDERSONLL P 3400 One First Canadian Place, TO: 1 First Canadian Place P.O. Box 130 100 King Street West, Suite 1600 Toronto, Ontario M5X 1A4 Toronto, Ontario M5X 1G5

Robert W. Staley Derrick Tay Tel: 416.777.4857 Tel: 416.369.7330 Fax: 416.863.1716 Fax: 416.862.7661 Email: [email protected] Email: [email protected]

Kevin Zych Clifton Prophet Tel: 416.777.5738 Tel: 416.862.3509 Email: [email protected] Email: [email protected]

Derek J. Bell Jennifer Stam Tel: 416.777.4638 Tel: 416.862.5697 Email: [email protected] Email: [email protected]

Raj S. Sahni Ava Kim Tel: 416.777.4804 Tel: 416.862.3560 Email: [email protected] Email: [email protected]

Jonathan Bell Lawyers for the Monitor Tel: 416.777.6511 Email: [email protected]

Sean Zweig Tel: 416.777.6254 Email: [email protected]

Lawyers for the Applicant, Sino-Forest Corporation AND FTI CONSULTING CANADA INC. AND AFFLECK GREENE MCMURTY LLP TO: T-D Waterhouse Tower TO: 365 Bay Street, Suite 200 79 Wellington Street West Toronto, Ontario M5H 2Vl Toronto-Dominion Centre, Suite 2010, P.O. Box 104 Peter Greene Toronto, Ontario M5K 1G8 Tel: 416.360.2800 Fax: 416.360.8767 Greg Watson Email: [email protected] Tel: 416.649.8100 Fax: 416.649.8101 Kenneth Dekker Email: [email protected] Tel: 416.360.6902 Fax: 416.360.5960 Jodi Porepa Email: [email protected] Tel: 416.649.8070 Email: [email protected] David Villaincourt Tel: 416.360.8100 Monitor Fax: 416.360.5960 Email: [email protected]

Lawyers forBDO

AND BAKER MCKENZIE LLP AND TORYS LLP TO: Brookfield Place TO: 79 Wellington Street West 2100-181 Bay Street Suite 3000, Box 270 Toronto, Ontario M5J 2T3 Toronto-Dominion Centre Toronto, Ontario M5K 1N2 John Pirie Tel: 416.865.2325 John Fabello Fax: 416.863.6275 Tel: 416.865.8228 Email: [email protected] Fax: 416.865.7380 Email: [email protected] David Gadsden Tel: 416.865.6983 David Bish Email: [email protected] Tel: 416.865.7353 Email: [email protected] Lawyers for Poyry (Beijing) Consulting Company Limited Andrew Gray Tel: 416.865.7630 Email: [email protected]

Lawyers for the Underwriters named m Class Actions AND L ATERS LLP AND GOOD S LLP INKL MAN TO: 10th Floor, Alexandra House TO: 333 Bay Street, Suite 3400 18 Chater Road Toronto, Ontario M5H 2S7 Hong Kong China Benjamin Zarnett Melvin Sng Tel: 416.597.4204 Tel: 852 2901 5234 Fax: 416.979.1234 Fax: 852 2810 8133 Email: [email protected] Email: [email protected] Robert Chadwick Lawyers for Sino-Forest Corporation (Hong Tel: 416.597.4285 Kong) Email: [email protected]

Brendan O'Neill Tel: 416.979.2211 Email: [email protected]

Caroline Descours Tel: 416.597.6275 Email: [email protected]

Lawyers for Ad Hoc Committee of Bondholders

AND MERC T LAW GROUP LLP AND ONT O SEC TIES CO ISSION HAN ARI URI MM TO: Saskatchewan Drive Plaza TO: Suite 1900, 20 Queen Street West 100-2401 Saskatchewan Drive Toronto, Ontario M5H 3S8 Regina, Saskatchewan S4P 4H8 Hugh Craig E.F. Anthony Merchant, Q.C. Senior Litigation Counsel Tel: 306.359.7777 Tel: 416.593.8259 Fax: 306.522.3299 Email: [email protected] [email protected]

Lawyers for the Plaintiffs re Saskatchewan action AND OSLER, HOSKIN& HARCOURT LLP AND COHEN MILSTEINSELLERS & TOLL PLC TO: 1 First Canadian Place TO: 1100 New York, Ave., N.W. 100 King Street West West Tower, Suite 500 Suite 6100, P.O. Box 50 Washington, D.C. 20005 Toronto, Ontario M5X 1B8 Steven J. Toll Larry Lowenstein Tel: 202.408.4600 Tel: 416.862.6454 Fax: 202.408.4699 Fax: 416.862.6666 Email: [email protected] Email: [email protected] Matthew B. Kaplan Edward Sellers Tel: 202.408.4600 Tel: 416.862.5959 Email: [email protected] Email: [email protected]

Geoffrey Grove Attorneys for the Plaintiff and the Proposed Class Tel: (416) 862-4264 re New York action Email: [email protected]

Lawyers for the Board of Directors of Sino Forest Corporation

AND SISKINDSLLP AND KOSKIE MINSKYLLP TO: 680 Waterloo Street TO: 20 Queen Street West, Suite 900 P.O. Box 2520 Toronto, Ontario M5H 3R3 London, Ontario N6A 3V8 Kirk M. Baert A. Dimitri Lascaris Tel: 416.595.2117 Tel: 519.660.7844 Fax: 416.204.2899 Fax: 519.672.6065 Email: [email protected] Email: [email protected] Jonathan Ptak Charles M. Wright Tel: 416.595.2149 Tel: 519.660.7753 Fax: 416.204.2903 Email: [email protected] Email: [email protected]

Lawyers foran Ad Hoc Committee of Garth Myers Purchasers of the Applicant's Securities, Tel: 416.595.2102 including the Representative Plaintiffs in the Fax: 416.977.3316 Ontario Class Action against the Applicant Email: [email protected]

Lawyers foran Ad Hoc Committee of Purchasers of the Applicant's Securities, including the Representative Plaintiffs in the Ontario Class Action against the Applicant AND COHEN MILSTEIN SELLERS & TOLL AND LAW DEBENTURE TRUST COMPANY OF TO: PLC TO: NEW YORK 88 Pine Street, 14th Floor 400 Madison Avenue_ 4th Floor New York, 10005 New York, New York 10017 NY

Richard S. Speirs James D. Heaney Tel: 212.838.7797 Tel: 646-747-1252 Fax: 212.838.7745 Fax: 212-750-1361 Email: [email protected] Email: [email protected]

Stefanie Ramirez Senior Note Indenture Trustee Tel: 202.408.4600 Email: [email protected]

Attorneys for the Plaintiff and the Proposed Class re New York action

AND THOMPSONHINE LLP AND THE BANK OF NEW YORK MELLON TO: 335 Madison Avenue-12th Floor TO: Global Corporate Trust New York, New York 10017-4611 101 Barclay Street - 4•h Floor East New York, New York 10286 Yesenia D. Batista Tel: 212.908.3912 David M. Kerr, Vice President Fax: 212.344.6101 Tel: 212.815.5650 Email: [email protected] Fax: 732.667.9322 Email: [email protected] Irving Apar Tel: 212.908.3964 Convertible Note Indenture Trustee Email: [email protected]

Curtis L. Tuggle 3900 Key Center, 127 Public Square Cleveland, Ohio 44114 Tel: 216.566.5904 Fax: 216.566.5800 Email: [email protected]

Lawyers for Senior Note Indenture Trustee AND THE BANK OF NEW YORK MELLON AND THE BANK OF NEW YORK MELLON TO: 320 Bay Street, 11th Floor TO: 12/F Three Pacific Place Toronto, Ontario M5H 4A6 1 Queen's Road East, Hong Kong

George Bragg Marelize Coetzee, Vice President Tel: 416.933.8505 Relationship Manager, Default Administration Fax: 416.360.1711I416.360.1737 Group-APAC Email: [email protected] Tel: 852.2840.6626 Mobile: 852.9538.5010 Convertible Note Indenture Trustee Email: [email protected]

Grace Lau Email: [email protected]

Convertible Note Indenture Trustee

AND LINKLATERS LLP AND APPLEBY GLOBAL TO: 10th Floor, Alexandra House TO: Jayla Place, Wickham's Cayl 18 Chater Road P.O. Box 3190, Road Town Hong Kong China Tortola VG1110 BVI

Hyung Ahn Eliot Simpson Tel: 852 2842 4199 Tel: 284.852.5321 Fax: 852 2810 8133 Fax: 284.494.7279 Email: [email protected] Email: [email protected]

Samantha Kim Andrew Willins Tel: 852.2842 4197 Tel: 284 852 5323 Email: [email protected] Email: [email protected]

Jon Gray Andrew Jowett Tel: 852.2842.4188 Tel: 284 852 5316 Email: [email protected] Email: [email protected]

Lawyers for Sino-Forest Corporation (U.S.) Lawyers for Sino-Forest Corporation (BVI)

AND KINGAND WOOD MALLESONS AND THORNTON GROUT FINNIGAN LLP TO: 9th Floor, Hutchison House TO: Suite 3200, 100 Wellington Street West Central, Hong Kong Island P. Box 329, Toronto-Dominion Centre 0. Hong Kong (SAR) Toronto, Ontario M5K 1K7

Helena Huang James H. Grout Tel: 852.2848.4848 Tel: 416.304.0557 Email: [email protected] Fax: 416.304.1313 Email: [email protected] Tata Sun Tel: 852.2848.4848 Lawyers for the Ontario Securities Commission Email: [email protected]

Lawyers for Sino-Forest Corporation (PRC) AND McCARTHY TETRAULT LLP AND PALIARE ROLAND ROSENBERG TO: Suite 2500, 1000 De La Gauchetiere St. TO: ROTHSTEINLLP West 155 Wellington Street, 35th Floor Montreal, Quebec, H3B Toronto, Ontario M5V 3Hl OA2

Alain N. Tardif Ken Rosenberg Tel: 514.397.4274 Tel: 416.646.4304 Fax : 514.875.6246 Fax: 416.646.4301 Email: [email protected] Email: [email protected]

Mason Poplaw Massimo (Max) Starnino Tel: 514.397.4155 Tel: 416.646.7431 Email: [email protected] Email: [email protected]

Celine Legendre Lawyers for an Ad Hoc Committee of Purchasers Tel: 514.397.7848 of the Applicant's Securities, including the Email: [email protected] Representative Plaintiffs in the Ontario Class Action against the Applicant Lawyers forErnst & Young LLP

AND CHAITONS LLP AND ERNST & YOUNG LLP TO: 5000 Yonge Street, 10thFloor TO: 222 Bay Street, P.O. Box 251 Toronto, Ontario M2N 7E9 Toronto, Ontario M5K 1J7

Harvey G. Chaiton Mike P. Dean Tel: 416.218.1129 Tel: 416-943-2134 Fax: 416.218.1849 Fax: 416-943-3300 Email: [email protected] Email: [email protected]

Lawyers for the Law Debenture Trust Company of New York

AND RUETER SCARGALL BENNETT LLP AND FASKEN MARTINEAU LLP TO: 250 Yonge Street TO: 333 Bay Street, Suite 2400, Suite 2200 Bay-Adelaide Centre, Box 20 Toronto, Ontario M5B 2L7 Toronto, Ontario M5H 2T6

Robert Rueter Stuart Brotman Tel: 416.869-3363 Tel: 416.865.5419 Email: [email protected] Fax: 416.364.7813 Email: [email protected] Sara J. Erskine Tel: 416.597-5408 Conor O'Neill Email: [email protected] Tel: 416 865 4517 Email: [email protected] Jason Beitchman Tel: 416.597.5416 Canadian Lawyers for the Convertible Note Email: [email protected] Indenture Trustee (The Bank of New York Mellon) Lawyers for Allan Chan AND LAPOINTE ROSENSTEIN AND CLYDE & COMPANY TO: MARCHAND MELAN<;ON, TO: 390 Bay Street, Suite 800 S.E.N.C.R.L. Toronto, Ontario M5H 2Y2 1250, boul. Rene-Levesque Ouest, bureau 1400 Mary Margaret Fox Montreal (Quebec) Canada H3B 5E9 Tel: 416.366.4555 Fax: 416.366.6110 Bernard Gravel Email: [email protected] Tel: 514.925.6382 Fax: 514.925.5082 Paul Emerson Email: [email protected] Tel: 416.366.4555 Email: [email protected] Bruno Floriani Tel: 514.925.6310 Lawyers for ACE INA Insurance and Chubb Email: [email protected] Insurance Company of Canada

Quebec counsel forPoyry (Beijing) Consulting Company Ltd.

AND DAVIS LLP AND RICKETTS, HARRIS LLP TO: First Canadian Place, Suite TO: Suite University Ave I 6000 816, 181 PO Box 367 Toronto ON M5H 2X7 King Street West I 00 Toronto, Ontario M5X 1E2 Gary H. Luftspring Tel: 647.288.3362 Susan E. Friedman Fax: 647.260.2220 Tel: 416.365.3503 Email: [email protected] Fax: 416.777.7415 Email: [email protected] Lawyers for Travelers Insurance Company of Canada Bruce Darlington Tel: 416.365.3529 Fax: 416.369.5210 AND CLYDE & COMPANY Email: [email protected] TO: 390 Bay Street, Suite 800 Toronto, Ontario M5H 2Y2 Brandon Barnes Tel: 416.365.3429 Mary Margaret Fox Fax: 416.369.5241 Tel: 416.366.4555 Email: [email protected] Fax: 416.366.6110 Email: [email protected] Lawyers for Kai Kat Poon Paul Emerson Tel: 416.366.4555 Email: [email protected]

Lawyers for ACE INA Insurance and Chubb Insurance Company of Canada

1571258vl

TABLE OF CONTENTS

TAB DESCRIPTION PAGE NO.

1. Affidavit of Heather Palmer sworn April 23, 2015 1

Exhibit “A” – objections received in respect of the motion for 3 approval of the dealers’ settlement and class counsel’s fee request

Exhibit “B” – objections received in respect of the claims and 82 distribution protocol and in respect of permitting late claims in the Ernst & Young settlement and varying the administrator’s fee

Court File No .: CV-12-9667- 00CL

ONTARIO SUPERIOR COURT OF JUSTICE

COMMERCIAL LIST

IN THE MATTER OF THE R.S.C. COMPANIES' CREDITORS ARRANGEMENT ACT, 1985, c. C-36, AS AMENDED, AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRANGEMENT OF SINO-FOREST CORPORATION

Court File No .: CV- 11- 43 1153 -00C P

ONTARIO SUPERIOR COURT OF JUSTICE

BETWEEN:

Plaintiffs

- and -

SINO-FOREST CORPORATION, ERNST YOUNG LLP, BDO LIMITED (formerly & known as BDO MCCABE LO LIMITED), ALLEN T.Y. CHAN, W. JUDSON MARTIN, KAI KIT POON, DAVID J. HORSLEY, WILLIAM E. ARDELL, JAMES P. BOWLAND, JAMES M.E. HYDE, EDMUND MAK, SIMON MURRAY, PETER WANG, GARRY J. WEST, POYRY (BEIJING) CONSUL TING COMPANY LIMITED, CREDIT SUISSE SECURITIES (CANADA), INC., TD SECURITIES INC., DUNDEE SECURITIES CORPORATION, RBC DOMINION SECURITIES INC., SCOTIA CAPITAL INC., CIBC WORLD MARKETS INC., MERRILL LYNCH CANADA INC., CANACCORD FINANCIAL LTD., MAISON PLACEMENTS CANADA INC., CREDIT SUISSE SECURITIES (USA) LLC and MERRILL LYNCH, PIERCE, FENNER SMITH & INCORPORATED (successor by merger to Banc of America Securities LLC)

Defendants

Proceeding under the Class Proceedings Act, 1992

AFFIDAVIT OF HEATHER PALMER (Sworn April 23, 2015)

1637606vl - 2 -

I, HEATHER PALMER, of the City of Toronto, in the Province of On tario

MAKE OATH AND SAY:

1. I am an assistant in the class action department at Koskie Minsky LLP. Koskie Minsky

LL P is counsel to the plaintiffs in the above styled class action. I therefore have personal knowledge of the matters set out below.

2. Attached hereto as Exhibit "A" are the objections received in respect of the motion for approval of the dealers' settlement and class counsel's fee request.

3. Attached hereto as Exhibit B are the objections received in respect of the claims and " " distribution protocol and in respect of permitting late claims in the Ern st & Young settlement and varying the administrator's fee.

) ) ) ) ) )

Commissioner, etc. ) ) G or� f\A·1er>

1637606vl THIS IS EXHIBIT "A" REFERRED TO IN THE AFFIDAVIT OF HEATHER PALMER

S� 'RN 'EFORE ME, THIS 23RD DAY OF APRIL, 2015

A OMMISSIONER FOR TAKINGAFFIDAVITS, ETC. NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION .AND WISH TO .OBJECT

TO: SISKINDS LLP 680 Waterloo Street P0Box 25 20 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION -DEALERS SETTLEMENT

#-7 I "J) -" ( ' I, S c.PI � s;69fl(please.60� check all� boxes that apply): I v..f.N'J?'ao1d-\)I� (in ertname) ...1.-1D(2 am a currentshareh older of Sino-ForestCorpo ration D / a former shareholder of Sino-Forest Corporation rs/ am a current noteholder of Sino-Forest Corporation D am am a former noteholder of Sino-Forest Corporation D other (please explain) D

I acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the Mr. "Order"); persons wishing to obj ect to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (EasternTime) on April 1, 2015.

hereby give notice that I obj ect to theDealers Settlement, the claims anddistribution protocol, I or the counsel application for the following reasons (please attach extra pages if you require more space):

. �;�. 0005

- 2 -

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

I DO NOT intend to appear at the hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

DO intend to appear, in person or by counsel, and to make submissions at the hearing of D I the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MYADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name: h�. S'u9 f-!3� Name:

Address: 'I :1_rtf/'J G "1... ct''-f�' ve., Address: �/...�_rs I, /V ,..J "C> H7' s Yc2

T�t:CfL>�J (;(,/ - Oro-::r( Fax(?0L-) Gt> 1-- -'r/�6 Tel.:

Email:d r-S c,,01/f;x,� .(_A>f-/:t.Jh . t.tFax:

Email:

---- Date: I f ) Signature: 1 '5 / __�� ---�=---- Affleck Greene II McMurtry

Affleck Greene McMurtry LLP Barristers and Solicitors

Kenneth A. Dekker Email: [email protected] Direct Line: (416) 360-6902

March 31, 2015

File No: 2781-002

By Email [[email protected]]

Ms. Nicole Young Siskinds LLP 680 Waterloo St. PO Box 2520 London, ON N6A 3V8

Dear Ms. Young:

Re: The Trustees of The Labourers'Pension Fund of Central and Eastern Canada Sino-Forest Corporation et alv. efal. Court File No. CV-11-431153-00CP

I attach and serve on you in accordance the Order of Justice Morawetz, dated with January 29, 2015 BDO Limited's Notice of Objection relating to the Underwriters settlement.

Yours very truly, AFFLECK EENE McMURTRY L=L�;:?

Peter Greene c: R. David Vaillancourt

Affleck Greene McMurtryLLP

www.agmlawyers.com NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THECLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 25 20 London, ON N6A 3V8

Attention: Nicole Young

Email:· [email protected]

RE: SINO-FOREST CORPORATION -DEALERS SETTLEMENT

I __BD _O_L_i_· m_i_t_e_d______(please check all boxes that apply): , (insert name)

D am a current shareho Ider of Sino-Forest Corporation D am a former shareholder of Sino-Forest Corporation D am a current noteholder of Sino-Forest Corporation D am a former noteholder of Sino-Forest Corporation � other (please explain)

Defendant in the Ontario Proceed ing.

I acknowledge that pursuant to the order of Mr. Justice Morawetz dated January 29, 2015 (the "Order"), persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (Eastern Time) on April 1, 2015 .

I hereby give notice that I object to the Dealers Settlement, the claims and distribution protocol, or the counsel application for the following reasons (please attach extra pages if you require · more space): - 2 -

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

The Underwriters settlement does not provide for any documentary or oral discovery rights for BOO Limited o'r the other non-settling defendants which _is prejudicial to the non Bettling defendants, contrary to the interests of justice and a departure from the discovery rights afforded to non-settling defendants in orders granted by this court to approve other settlements with defendants in the Ontario Proceeding, including the Ernst & Young and Horsley settlements.

BD O takes no position on the remainder of the terms of the settlement.

O I DO NOT intend to appear at the hearing of the motion to approve the Dealers

Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May J I, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

I DO intend to appear, in person or by counsel, and to make submissions at the 'hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name: Name: Affleck Greene McMurtry LLP

Address: Address: 365 Bay Street, Suite 200 Toronto, ON MSH 2Vl

Attn: Peter R. Greene, Kenneth Tel.: Dekker and David Vaillancourt (416) 360-2800 Fax: Tel.:

Email: Fax; (416) 360-5960 [email protected]; Email: [email protected]; dvail

Da�: March 31, 2015 SINO-FOREST SECURITIES LITIGATION NOTICE OF MOTION TO AUTHORIZE ADDITIONAL ADMINISTRATION FEES and TO PERMIT LATE CLAIMS in the ERNST & YOUNG SETTLEMENT

Notice of Motion to Authorize Additional Administration Fees

NPT RicePoint Class Action Services Inc. ("NPT") is the court-appointed administrator of the settlement between the Ad Hoc Committee of Purchasers of Sino-Forest's Securities (the "Ad

Hoc Committee") and Ernst & Young LLP (the "E&Y Settlement"). Due to an unexpectedly high volume of claims filed in the E&Y Settlement, materially beyond NPT's estimate in its proposal to administer the E&Y Settlement (the "Proposal"), and a corresponding increase in the amount of time required for NPT to administer the settlement, the Ad Hoc Committee seeks an order increasing NPT's fee from$580,000 to $1,439,125.00.

The original fee of $580,000 proposed by NPT and approved by the court was based on an estimate that 18,200 claims would be filed and the E&Y Settlement would take 5,500 hours to administer. The Proposal provided that the Ad Hoc Committee could return to court for authorization of additional fees for NPT if there was a material increase in claims filed in the E&Y Settlement. Such a material increase has occurred, and over 49,625 claims have now been filed (2.73 times greater than anticipated in the Proposal) and NPT expects to expend approximately 12,261 hours administering the settlement (6,761 more hours than contemplated in the Proposal). In the circumstances, class counsel believes that an increase in NPT's fees from $580,000 to $1,439,125.00 is fair and reasonable.

Notice of Motion to Permit Filing of Late Claims

Pursuant to court order, the deadline to file claims in the E& Y Settlement was February 14, 2014. Since that date, NPT has received approximately 1,780 late claims (the "Late Claims"). The Ad Hoc Committee seeks a court order permitting NPT to allow filing of all Late Claims received up until May 11, 2015.

the Motion to Authorize Additional Administrator How to Object to Fees and to Permit Compensation for Late Claims

If you would like to object to: (a) the motion to authorize additional administration fees; and/or (b) the motion to permit filing of late claims, please email [email protected] or mail a letter to Siskinds LLP 680 Waterloo Street, PO Box 2520, London, ON N6A 3V8 Attention: Nicole Young and provide (i) your name; (ii) your reason for objecting; (iii) whether or not you intend to appear at the hearing of the motion to authorize additional administration fees and the motion to permit compensation for late claims (the time and date of which are on the notice of settlement approval, enclosed); (iv) your address for service; and (v) your lawyer's address for service (if applicable).

Your objection must be received by April 1, 2015. NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NO LIKE THE DEALERS SETTLEMENT OR THE CL IMS AND DISTRIBUTION PROTOCOL OR THE C SEL FEE APPLICATION AND WISH TO OB ECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEM NT

J\Acc1 L� I _ y , v L \'lr_'D check all boxes hat appI) : c;--f ___ __6 ·w' (please ___,C,.,.�,.__.o=·-'()(-L,,,-.....;:._::ril"-;s-'--(insert name) g�_ _ / ref'.. am a current shareholder of Sino-Forest Corporation am a former shareholder of Sino-Forest Corporation D am a current noteholder of Sino-Forest Corporation D am a former noteholder of Sino-Forest Corporation D other (please explai ) D n

I acknowledge that pursuant to the order of Mr. Justice Morawetz date January 29, 2015 (the "Order"), persons wishing to object to the Dealers Settlement, the laims and distribution protocol or the counsel fee application are required to complete and deliver this Notice of , Objection to Siskinds LLP by mail, courier or email to be received by o later than 5:00 p.m. (Eastern Time) on April I, 20 15.

hereby give notice that object to the Dealers Settlement, the claims a distribution protocol, I I or the counsel application for the following reasons (please attach extr pages if you require more space): - 2 -

ONLY SUBMIT OBJECTION IF YOU DO NOT LI E THE DEALERS AN SETTLEMENT, THE CLAIMS AND DISTRIBUTION PRO OCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

& /Jua JuAAe.-t�T �t...rc-.b1LL1 ctf3'fcz to J0Pfbi!:i /H-�;R.. RoL--e- irJ A1.M�T1N · �'1'fJ I o'1<4 J�cc.J.€..tlt� TAAi \;)gf_C WoL-ntL tJ � .f;°NkL

11r,J ...· t _ ·[Hf: P-Ac·f+"BJ) A �(r;so;JA-f':::.L S/ANIJ� al=- / c�� to T!te lN(i�rJt; fV&wc. DO NOT intend to appear at the hearing of the motion t approve the Dealers 13" I Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prio to the hearing of the tion at 10:00 a.m. on May 11, 2015, at University A e., 8th Floor Toronto, mo 330 Ontario.

DO intend to appear, in person or by counsel, and to make subm ssions at the hearing of D I the motion to approve the Dealers Settlement, the Claims and istribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 0 University Ave., 8th 3 Floor Toronto, Ontario.

FOR SERVICE IS: MY ADDRESS MY LAWYER'S ADDRESS FOR SERVICE IS (if appJi able):

Name: /l(· gt1S Name: C)aar?: Address: Address: Jo ft/r //.uJL;Suf� €rot•C-C>&l6 . otJ I /i-t g--,x 2- r '+ Tel.: (�'+7) L{ z_ b4-l+b Fax: Tel.:

Email: Fax: e,. (1( '· a::>r�Mb<&. M.Ql.L 'J U U �ct.VU Email:

Signature:_____ D.. . Zo;5 -+------Date: Ma.re LJ I 0 0 1 2

Nicole Young

From: Nina Bode Sent: Friday, March 20, 2015 12:06 AM To: Sino-Forest Cc: Nina Bode Subject: Objection Notice -- Sino Forest

Attention: Sino Forest case This is to advise you that I vehemently object to (I do not agree with) each and all settlements in reference to SINO FOREST case. Thank you, Nina Bode

1 NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION- DEALERS SETTLEMENT

(please check all boxes that apply): u' am a current shareholder of Sino-Forest Corporation am a former shareholder of Sino-Forest Corporation 0 am a current noteholder of Sino-Forest Corporation D am a former noteholder of Sino-Forest Corporation 0 other {please explain) 0

I acknowledge that pursuant to the order of Mr. Justice Morawetz dated January 29, 2015 (the "Order"), persons wishing to object to the Dealers Settlement. the claims and distribution protocol, or the counsel fee appJication are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. {Eastern Time) on April 1, 2015.

I hereby give notice that I object to the Dealers Settlement, the claims and distribution protocol. or the counsel application for the following reasons (please attach extra pages if you require more space): NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION-DEALERS SETTLEMENT

I, (please check all boxes that apply): PUI Fl IN PHOEBE(insertname) CHAN

am a current shareholder of Sino-Forest Corporation ex_ am a formershar eholder of Sino-Forest Corporation D am a current noteholder of Sino-Forest Corporation D D am a former noteholder ofSi no-Forest Corporation other (please explain) D

acknowledge that pursuant to the order of Mr. Justice Morawetz dated January 29, 2015 (the I "Order"), persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (Eastern Time) on April 1, 2015.

hereby give notice that I object to the Dealers Settlement, the claims and distribution protocol, I or the counsel application for the following reasons (please attach extra pages if you require more space): 0 0 1 5

-2-

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

DO NOT intend to appear at the hearing of the motion to approve the Dealers I Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name: PUI FUN PHOEBE CHAN Name: KEN LAUSHWAY AVE., Address68 Address: STOUFFVILLE ONTARIO , CANADA L4A OJ3

Tel.: 416 275 2616 Fax: 416 321 6388 Tel.:

Email: Fax: [email protected] Email:

RCH Signature: Date: �� 25 MA 2015��- ---"��=...;.._�-=-"'--'--"'- � 0 0 1-s

NOTICE OF OBJECTION

ONLY USE.THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO .OBJECT

TO: SISKINDSLLP 680 Waterloo Street P0 Box 2520 London, ON N6A 3V8

Attenlion: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION- DEALERS SETTLEMENT

I (please check all boxes that apply): , ${.f f C {oMr(insertname) t/:&1\)

am a current shareholder of Sino--Forest Corporation am a formershareholder of Sino-ForestCorporation /D am a current noteholder of Sino-ForestCorporation D am a formernoteholder of Sino--Forest Corporation D other (pleaseexp lain) D

acknowledge that pursuant to theorder of Justice Morawetz dated January 29, 2015 (the I Mr. "Order"); persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5 :00 p.m. (Eastern Time) on April l, 2015.

I hereby give notice that obj ect to the Dealers Settlement, the claims and distribution protocol, I or the counsel application for the following reasons (please attach extra pages if you require more space): -2-

ONLY SUBMIT OBJECTION YOU DO NOT LIKE THE DEALERS AN IF SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

DO intend to appear, person or by counsel, and to make submissions at the hearing of D I in the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University 8th Ave., Floor Toronto, Ontario.

MYADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable): Name: Slf/ Name:

· Addre Address: l.f-r (U'f°N LJ4'ffoJ<..f> .0 R. ss :

--uorctr� , oN( MIS�C.;< Tel.: . 41 b- J'

Email: Fax:

Email:

Date: HftL fol h/Y Signature: l � � NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street P0Box 2520 London, ON N6A 3V8

Attention: NicoleYoung

Email: [email protected]

SINO-FOREST CORPORATION - DEALERS SETTLEMENT RE:

I, IAu.J D. C?��!,,,)1A..3c .+� , (please check all boxes that apply): (insertname)

am a current shareholder of Sino-Forest Corporation D m/ am a formershareholder of Sino-Forest Corporation am a current noteholder of Sino-Forest Corporation D am a formernoteholder of Sino-Forest Corporation D other (please explain) D

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

I DO intend to appear, in person or by counsel, and to make submissions at the hearing of 0 the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

I ;"\ l .U t.w.l 01(IV.e· (. Name: D 0 µ r .\) Name:

-f. Address: ::J L� -� C-./;i<"'7C#;l'/-£4J (1� Address: tJr.rJ4v-JA 6""Th' -e. Iv

Tel.: 613 /it-7 - �5°;)1 Fax: Tel.:

Email: (b,i.J....t,,tf..[b' H'-'(>)"'-f {!J Fax: · IY-'lfr1,f?jel.:.)6� Email: Heather Palmer

From: real danjou Sent: March-18-15 11:38 AM To: Sino-Forest; d'ANJOU REAL Subject: Opposition Attachments: 001 (2)Jpg; 001Jpg

Bonjour Mme. Nicole Toung, vous trouverez ci-joint ,mon avis d'opposition au reglement des honoraires des avocats que je considere abusif et demesure ,comparativement mes economies investies dans cette a societe qui ne merite pas ma confiance. Bien vous : Real d'Anjou ing. M.Sc. a 2777 ch. Georgeville Magog P.Q. JlX OM8

1 A VIS D'OPPOSITION UTILISEZ UNIQUEMENT CE FORMULAIRE SI LE REGLEMENT DES COURTIERS, LE PROTOCOLE DE RECLAMATIONS ET DISTRIBUTION OU L'APPLICATION DES HONORAIRES D'AVOCAT NE VOUS CONVIENNENT PAS ET SI VOUS SOUHAITEZ Y OPPOSER VOTRE OBJECTION

A : SISKINDSLLP 680 Waterloo Street C.P. 2520 London (Ontario) N6A 3V8

A !'attention de: Nicole Young

Adresse courriel : [email protected]

Objet: SINO RPORATION - REGLEMENTDES COURTIERS

Je soussigne(e), -+-�o::..:_.:;:.._:...... \�-=1<-'--.,_.,,.'-"'--- veuillezcocher toutes lescases qui s'appliquent) (inserez le nom) : Gt/-l d'lftil:rov suis a present un(e) actionnaire de Sino-Forest Corporation

suis a present un(e) ancien(ne) actionnaire de Sino-Forest Corporation

suis a present un(e) porteur(e) de titres de Sino-Forest Corporation suis present un(e) ancien(ne) porteur(e) de titres de Sino-Forest Corporation D a

D Autre (veuillez preciser)

Je reconnais qu'en vertu de l'ordonnance rendue par le juge, monsieur Morawetz, en date du 29 janvier 2015 (I'« Ordonnance »), les personnes qui souhaitant opposer une objection au reglement des Courtiers, au Protocole de reclamations et distribution OU a l'application des honoraires d'avocat doivent remplir le present A vis LLP d'opposition et l'envoyer a Siskinds par courrier, messagerie ou courriel de sorte qu'il soit re9u au plus tard 17 (HNE). le ler avril 2015 a heures

Par les presentes, je donne avis que j'oppose mon objection au reglement des Courtiers, au Protocole de

reclamations et distribution OU a !'application des honoraires d'avocat pour }es motifs suivants (veuillez ajouter des pages supplementaires si plus d'espace est necessaire) :

,_ SOUMETTEZ UNIQUEMENT VOTRE OJECTION SI LE REGLEMENT DES COURTIERS, LE PROTOCOLE DE RECLAMATIONS ET DISTRIBUTION OU L'APPLICATION DES HONORAIRES D'AVOCAT NE VOUS CONVIENNENT PAS - 2 -

N'AI PAS L'INTENTION d'assister l'audience portant sur la motion d'approbation reglement JE a du des Courtiers, du Protocole de reclamations et distribution de l'Application des honoraires d'avocat, et je v OU comprends que mon opposition sera deposee aupres de la Cour avant Ia tenue de ladite audience 10 heures a (HNE)le 11 mai 2015, l'adresse suivante : 330 University Ave., 8e etage,Toronto (Ontario). a

L'INTENTION d'assister soit en personne, soit par avocat interpose, !'audience portant sur la D J'AI a motion d'approbation du reglement des Courtiers, du Protocole de reclamations et distribution OU de l'Application des honoraires d'avocat. et j'ai l'intention de fa des soumissions lors de ladite audience IO ire a heures (HNE) le 11 mai 2015, l'adresse suivante: 330 a University Ave., 8e etage, Toronto (Ontario). MON ADRESSE DE RECEPTION L'ADRESSE DE RECEPTION DE LA DE LA SIGNIFICATION : SIGNIFICATION DE MON A VOCAT (le cas echeant) : n Norn: Norn :ToLJ Adresse�(ff//., J ';JJJ 11. esse : : 2 r 1 7f- £/I.C G:1/( G,G" /I{ � l-t\ A-6oG 7,G. :I:t )l o 1'1�

Telephone : � l C{ - 9 lf 1- 23tg 8 Telephone :

Telecopieur: --- Telecopieur: 0023

NOTICE OF 08.JECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AN D DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AN D WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

ail in @si i s com Em :-- s oforest sk nd .

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

1, VGeRA NFtRA'1ANA boxes (insertname) GUNDAPAN�feasecheck all that apply):

u en shareholder of Sino-Forest D am a c rr t Corporation V am a former shareholder of Sino-Forest Corporation am a current noteholder of Sino-Forest orpo tion D C ra am a former noteholder of Sino-Forest orporation D C D other (please explain)

1 acknowledge that pursuant to the order of Mr. Justice Morawetz dated January 29, 20 15 (the Or r ) persons wishing to object to the Dealers Settlement, the claims and distribution " de " , p c l or counsel application are required to compl and deliver this Notice of roto o , the fe e ete Objection is i s by mail, courier or email to be received by later than 5:00 p.m. to S k nd LLP no (Eastern Time) on April I, 20 15.

• .: I hereby give notice that I object to the Dealers Settlement, the claims and distribution protocol, l . or the counsel application for the following reasons (please attach extra pages if you require . • i more space):

11- . • • · .• ! . - 2 -

SUBMIT AN 08.IECTION IF YOU DO NOT LIKE THE Dl!:ALERS ON LY THE CLAIMS AND DISTRIBUTION PROTOCOL. OR THE SETTLEMENT, COUNSEL FEE APPLICATION AND WISH TO OBJECT

I DO NOT intend to appear at the hearing of the motion to approve the Dealers uY" Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

l DO intend to appear, in person or by counsel, and to make submissions at the hearing of D the molion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May J J, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable): Vee!<. A /\/ARA'i A NA Name: GUtJ DA Pf>rN e N'L Name: Address: f;6- Gl,!./38.5 'STR.Ef?T Address: SAUt..:r s-re m11 t<,-:r;£ 1 {)tVTFtRro P6 A 514-'f Tel.: qo 5 8 6 ·.-q -::f33 J Fax: -;:fo5 &f45 2t:/08

Email: Vee YlV 12.34 5@ IAve · u:G/

Date: marc:fl 30,,,. 2015° signature:_ ...... �--= ��;:;r+:=�a=J==----- NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT TO:. . SISKINDSLLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION -DEALERS SETTLEMENT

I �"""t _N_...._rl _?_. _'J) _E_)..£.5__A_L_U: _� ___ (please check all boxes that apply): , --- (insertname)

\0/ am a current shareholder of Sino-Forest Corporation D am a former shareholder of Sino-Forest Corporation

D am a current noteholder of Sino-Forest Corporation

0 am a former noteh51l<:fer of Sino-Forest Corporation

D other (please explain)

acknowledge that I pursuant to the order of Mr. Justice Morawetz dated January 29, 2015 (the "Order"). persons wishing to obj ect to the Dealers Settlement, the claims and distribution protocoi, or the counsel fee application are required to complete and deliver this Notice of Obj ection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (Eastern Time) on April 1, 2015.

I hereby give notice that I object to the Dealers Settlement, the cl�ims and distribution protocol, or the counsel application for the following reasons (please attach · extra pages if you require more space): - 2 -·

ONLY SUBMIT OBJECTION YOU DO NOT LIKE THE DEALERS AN IF SETTLEMENT, TIIE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION ANDWISH TO OBJECT

of D I DO intend to appear, in person or by counsel, and to make submissions at the hearing the motion to approve the Dealers Settlement. the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

ADDRESS FOR SERVICE IS: LAWYER'S ADDRESS FOR MY ,. ·� . MY SERVICE IS (if applicable):

Name Name: : -rfm o-r1/-l/ ? . -vaf.sALL�

Address: 4-o'OS- <:::: , )-Nr, �- Address: '"?>v• N-'=7 ) � e_ Vsc- - 3.X. l . Tel.: . lco4- �<=\ ? -d--B�a Fax: bdt°'13 ;i.. -a.-B S" 3 Tel.: M.. Email: '\f�Q_ �,�\ ,Co Fax: Email:

S Date: __ a e: - · �=r S-. .C �------�- -�j..._____.sf""""--'2£1'- . ____s- ign tur ______- NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I (please check all boxes that apply): , /f£ 6/S ( U./Jr r/J(insert name) rie8f< r

am a current shareholder of Sino-Forest Corporation am a former shareholder of Sino-Forest Corporation D am a current noteholder of Sino-Forest Corporation D am a formernotehoider of Sino-Forest Corporation D other (please explain). D

acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the I Mr. "Order"); persons wishing to obj ect to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (EasternTime) on April 1, 2015.

hereby giye notice that obj ect to the Dealers Settlement, the claims and distribution protocol, I I or the counsel application for the following reasons (please attach extra pages if you require more space): 0 0 2 �3

- 2 -

ONLY SUBMIT OBJECTION YOU DO NOT LIKE THE DEALERS AN IF SETTLEMENT THE CLAIMS DISTRIBUTION PROTOCOL OR THE , AND , COUNSEL FEE APPLICATION WISH TO OBJECT AND . :J AH OB�ff"cT1 "1G ro -rff� fjRDposE./J .s.27Tir?i1FA1 / w11H EAte=rts Tfl-r5 iS t3 #", Tl$ l\ t EA R & a_ow c)) HA T r T s t+Wt-I!, tV!ffrN VfO V -R PA /. I 'Zi' Tff-t? HOPF( Tfny llkd� IT srtCXJt-IJ B& 10 TI N�S As H<.JcH ! IJ /f{ /S eA>£ .:J Wou t..'1 (VOf TO Tff.-� I oeJEcT C'OU N.$cL EG=G AIJIJ Tri-€ 6 rs/R I r:auTrOlf/ , Ol(Wt( W1 SE TH-t=°

EEG" ff)-4 couAJ��l t.s A-v so TO 11(/c f(,

DO NOT intend to appear at the hearing of the motion to approve the Dealers K I Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario. r DO intend to appear, in person or by counsel, and to make submissions at the hearing of D I the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name: f�/.IR'( /J�(5 iAf;,CJ< Name:

Address: f .3 f.2 W ff A � F (R.S 1 Address:

� ( c f'::eRIN� ()4} ' £,.I(lj I A lf

Tel.: �05 83[(55 86

ax: Tel : F /./- 6 , G G S 11 pA- (tc-o cA . � Y • Email: {-/J).G G &, ..s y H PA Tr c-o,cA Fax:

Email:

Date: '� .S--rtt.2I� 0 NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I, Ci Z{,cf'o�pleasecheck all boxes that apply): lld

acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the I Mr. "Order"), persons wishing to obj ect to the Dealers Settlement, the claims and distribution protocol, or the counsel fe e application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (Eastern Time) on April 1, 2015.

hereby give notice that object to the Dealers Settlement, the claims and distribution protocol, I I or the counsel application for the following reasons (please attach extra pages if you require more space): - 2 -

ONLY SUBMIT OBJECTION YOU DO NOT LIKE THE DEALERS AN IF SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION WISH TO OBJECT AND

DO NOT intend to appear at the hearing of the motion to approve the Dealers I rs/' Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name: l!rdy t/-.tfShon Name: Address: Address: b 10 6 roSVU)JJr /rv-0 wurrvwrJM-i �c lf3 y JS & Tel.: 51L/--- L/ g Lj/ b t/50 Fax: Tel.: Email: kfer.sh ·o� Un.dj0 Fax: m.aAI · C-6M J Email:

Date: Signature: - nfla(. l 0 \ cl0 / __�� - ? S ...... Jl�JJA)!JYI) ��----- NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISK.INDSLLP 680 Waterloo Street POBox 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I i-., LA Ii IE' v IY(please check all boxes that apply): , /{ (insertname)

am a current shareholder of Sino-Forest Corporation D am a former shareholder of Sino-Forest Corporation � am a current noteholder of Sino-Forest Corporation D am a former noteholder of Sino-Forest Corporation D other (please explain) D

I acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the Mr. "Order"), persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (EasternTime) on April 1, 2015.

hereby give notice that I object to the Dealers Settlement, the claims and distribution protocol, I or the counsel application for the following reasons (please attach extra pages if you require more space): - 2 -

ONLY SUBMIT AN OBJECTION YOU DO NOT LIKE THE DEALERS IF SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION WISH TO OBJECT AND

DO NOT intend to appear at the hearing of the motion to approve the Dealers tV" I Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MYADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Nam< .-is Clare Johnston Name: & Clair Hills #207 Columbia St. West Addn 530 Address: Wa terloo, ON N2T OBI

Fax: Tel.:

Email: Fax:

Email: NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION -DEALERS SETTLEMENT

I Gordon Jiang (please check all boxes that apply): ,

am a current shareholder of Sino-Forest Corporation 8 am a former shareholder of Sino-Forest Corporation 0 am a current noteholder of Sino-Forest Corporation 0 am a formernot eholder of Sino-Forest Corporation 0 other (please explain) 0

I hereby give notice that object to the Dealers Settlement, the claims and distribution protocol, I or the counsel application forthe following reasons (please attach extra pages if you require more space): - 2 -

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

Following objection is applied forthis settlement and forthe previous E&Y settlement because both of them use the same calculation.

1. The Claims and Distribution Protocol is not fair to current Sino-Forest shareholders. Specifically, the protocol contains followingcalculation for purchase damages in #9 (c) on page 5:

For each type of purchase of Securities, the damages forthose purchases are calculated as follows:

Time of Sale of Securities Damages

Sold before June 2, 201 1 No damages

Sold from June 3 to August 25, 201 1 (#of Securities sold) X (ACB - Sale Price)

Sold or held after August 25, 2011 (#of shares sold or held) X (ACB per share - CAD$1.40)

I strongly object to above protocol for the last type of purchase of Securities. First of all, shareholders in Canadian primary stock market have no way to sell their shares after August 25, 201 1 because the stock had been delisted from TSX on the date. Secondly, it is totally not reasonable to subtract CAD$1.40 in the damage calculation for the persons who did not sell their shares from June 3 to August 25, 201 1. Sino-Forest and E&Y misled investors both before and afterJune 2, 2011 by false financial statements. Allen Chan, the then CEO of Sino-Forest, made public speech by video in the company's website to deny the fraudulence and kept cheating investors between June 3, 201 1 and August 25, 201 1. Even through August 26, 201 1, Sino-Forest's audit financial statements were not withdrawn. It did not admit to any fraudulent conduct. In fact, E&Y did not withdraw its audit opinion on the company's financial statements until 2012, Jong afterthe stock was cease traded in TSX by Ontario Securities Commission (OSC) on August 26, 201 1. As this class action is against Sino Forest and other defendants for filingfalse and misleading statements, why does the protocol calculate damages in different ways for the shareholders who sold between June and August 25, 201 1 and the shareholders who 3 did not sell? This does not make any sense.

The reasonable calculation forcurrent shareholders should be: (#of shares held) X (ACB per share)

2. The Dealers Settlement states that class counsel fee,disbursements, and administration fees willbe deducted from settlement amount before it is distributed to securities claimants. This is not reasonable as it will significantly affect what securities claimants can receive. I object to the Dealers Settlement and would like to request that all these costs be paid separately by the defendants. 0035

DO NOT intend to appear at the hearing of the motion to approve the Dealers Settlement, B I Claims and Distribution Protocol, or the Counsel Fee Application, and understand the I that my objection will be filedwith the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

DO intend to appear, in person or by counsel, and to make submissions at the hearing of the D I motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable): Name: Name: Gordon Jiang Address: Address: 47 Crawford St. Markham, ON L6C 2M3

Tel.: 289-800-9084(Work) 905-887- I 4801(Home) Tel.: Fax: Fax: Email: [email protected] Email:

Date: March 30, 2015 Signature: ______NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I ___ (please check all boxes that apply): H� ---J=--o�· ""'...... �-s , __ <_l_lf'_rJ_f'L_� _T(insert ...... name)

� am a current shareholder of Sino-Forest Corporation am a former shareholder of Sino-Forest Corporation O am a current noteholder of Sino-Forest Corporation 0 am a former noteholder of Sino-Forest Corporation 0 other (please explain) D

hereby give notice that I object to the Dealers Settlement, the claims and distribution protocol, I or the counsel application for the following reasons (please attach extra pages if you require more space): -2-

ONLY SUBMIT OBJECTION YOU DO NOT LIKE THE DEALERS AN IF SETILEMENT, CLAIMS DISTRIBUTION PROTOCOL, OR IBE THE AND COUNSEL FEE APPLICATION AND WISH TO OBJECT

�:J '*9-T W MT ID \4NOlJ \5 ·- W\M'r f+tsl!J So.Mb.- SQTT L lf""'"H�\f' 'To M � � Jvt'(S\ �� .s W1J-1 W- \ �()6� 'Z<;s Y�'> �

� I DO NOT intend to appear at the hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my obj ection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (ifapplicable) :

Name:

Address: 211 t:;/1 G:.tJ7 Address: M� el'itr Pf<.tiAf'. LC:- OA K V

Email: Fax:

Email:

Date: '5"_ _ _'2__ <:'£'---...... N__ Af.� --...1-_o _t - _____'iiiii qiiijiiiiili9------===-==�=---�-�-�

''>.

tlfl Kenneth Jones 7 1607-2175 Marine Dr Oakville ON L6L 5L5 �'

NPT f.Zt c.�PottJT (\ ..MS f\-cr19� s��vic�s

� i ,Jo- ��'T C1....M) Acr'\6-t'J Po &.o� �� S'S"

Lc9r--l D &1-'1 tJ NT ) NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street P0Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION -DEALERS SETTLEMENT

'"BAt2r; A� · A. K"1oBL/-lvc.f.I I, K6 v1rJ /.I·Ktv o&t.AVGU (please check all boxes that apply): (insert name)

am a current shareholder of Sino-Forest Corporation am a former shareholder of Sino-Forest Corporation am a current noteholder of Sino-Forest Corporation D am a formernoteholder of Sino-Forest Corporation D other (please explain) D

acknowledge that pmsuant to the order of Justice Morawetz dated Janua1y 29, 2015 (the I Mr. "Order"), persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (Eastem Time) on April 2015. I,

I hereby give notice that object to the Dealers Settlement, the claims and distribution protocol, I or the counsel application for the fol lowing reasons (please attach extra pages if you require more space): - 2 -

ONLY SUBMIT OBJECTION IF YOU DO NOT LIKE THE DEALERS AN SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT '?L.€ASt- St� J1+11Acw�:� J_�'f'.£12 -

DO NOT intend to appear at the hearing of the motion to approve the Dealers I Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 201 5, at 330 University Ave., 8th Floor Toronto, Ontario.

MYADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable): A ,eA A · i<:r-Jt>�t.,,Pi u<:.--U DA� : Name: Ke:v IN Ii· · �;.JDgL/Iv cV/ Name Address: /0 'to- /01-atJ. Auf... · Address: \/IGi .2\$� 'bAwsaNQ(l££K 1 {)• C.

Tel.: 2.Sb-'i? Db ... 0 Dtjb Fax: ,JJ 1-\ . Tel.: Email: JV/11 · Fax: Em�� -cf?7 _ ___

Date: {V)A ll.l-1/ I'{ I$ Signature: · I/-u> � Kevin & Barbara Knoblauch 1040-102 Ave., VIG 2B8 Dawson Creek, B.C.

March 15, 20 15

Sino-Forest Securities Class Action Notice Administrator P.O. Box 3355 N6A 4K3 London, Ontario

Siskinds LLP 680 Waterloo Street, P.O. Box 2520 London ON N6A 3V8

Attention Nicole Young

The claimants Kevin and Barbara Knoblauch object to the request for increased Administration costs paid forfrom disbursements to claimants. All these should be paid by thebroker/ dealers/banks, not the class action claimants. We object to any settlement on behalf of the brokers/dealers/banks that does not include full re-imbursement with interestto us forour Sino Forest loss.

We rememberdistinctly being given glowing officialreports by T.D. Waterhouse, as they in fact dumped their shares onto unsuspecting clients like us, in fullknowledge of the coming downgrades for Sino-Forest. Sino-Forest went froma ''top pick"report on their official website, by T.D. Waterhouse Analysts, to a non existent report about the day after was lied to by a T.D. Waterhouse representative I on the phone. We would never have bought this company ifT.D. Waterhouse had been in full disclosure about Sino-Forest.

It is our contention that late claims are late because they were informed late by their broker/dealer, holding back mailouts as their lawyers scrambled about how to cover. We want all our money back from T.D. Waterhouse, so must object to late filings and the proposed $32,500,000 settlement. Banks and their Trading Divisions and Companies have a duty to be honest with their clients.

We require full Dealer/Broker responsibility. Of course our interest in "direct investingu was seriously undermined, so we also claim loss of oppo11unity should apply to all class action claimants who were also duped like us. Please register our claim of loss of opportunity with the court. We would appreciate your filing this letter of objection before the Hearing, as we will not be in attendance. 0 0.4 2

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION.AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I , LEl!Nci (please check all boxes that apply): ,v;�?s--r(insertname)

am a current shareholder of Sino-Forest Corporation

� am a former shareholder of Sino-Forest Corporation D

D am a current noteholder of Sino-Forest Corporation

D am a former noteholder of Sino-Forest Corporation

D other (please explain)

acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the I Mr. "Order"); persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5 :00 p.m. (Eastern Time) on April 1, 2015.

ONLY SUBMIT AN OBJECTION YOU DO NOT LIKE THE DEALERS IF SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name:

Tel.:

Email: Fax:

Email: NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I, (please check all boxes that apply): ftn *'? ..f 1vk J vo v i.i.tVr-i 8vct-l4. v name) / / 1.,, J ,. d&ert /-/'Lll& !CV\� Dr'1C:....._

am a current shareholder ofSino-Forest Corporation am a former shareholderof Sino-Forest Corporation J(O a current noteholder of Sino-Forest Corporation O am a formernoteholder of Sino-ForestCorporation O am O other (please explain)

acknowledge that pursuant to the order of Mr. Justice Morawetz dated January 29, 2015 (the I "Order''), persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (Eastern Time) on April 1, 2015.

hereby give notice that object to the Dealers Settlement, the claims I 1 and distribution protocol, or the counsel application for the following reasons (please attach extra pages if you require more space): 0045

- 2-

ONLY SUBMIT OBJECTION IF YOU DO NOT LIKE THE DEALERS AN SETTLEMENT, THE CLAIMS DISTRIBUTION PROTOCOL, OR THE AND COUNSEL APPLICATION WISH TO OBJECT FEE AND

DO NOT intend to appear at the hearing of the motion to approve the Dealers I Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my obj ection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

I DO intend to appear, in person or by counsel, and to make submissions at the hearing of D the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

LAWYER'S MY ADDRESS FOR SERVICE IS: MY ADDRESS FOR SERVICE IS (if applicable): Name:J-.:J,J· v. d. flyo t.krt.. /1cHktubvotl�ame: Address: H VJ-> l\ e .e vh Clt-1 J / Address: J O u- l/-f2. ?1 Te l» fe. G-eV //)') Tel.: l'1 VI"'/

Tel.: Fax: f- 'f? '25-1 9;2. t'O Gb 1

E l: Fax: mai jj ve-{b Vl-1 e �Vvt.x. . cte Email:

Date: _..:::::'-3�/"--L-2-1-/__,_!=-5" ___ _ Signature_: /?#�'��) /i- z /

0 SINO-FOREST SECURITIES LITIGATION NOTICE OF PROPOSED SETTLEMENT WITH: Credit Suisse Securities (Canada) Inc., TD Securities Inc., Dundee Securities Corporation, RBC Dominion Securities Inc., Scotia Capital Inc., CIBC World Markets Inc., Merrill Lynch Canada Inc., Canaccord Financial Ltd., Maison Placements Canada Inc., Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated (successor by merger to Banc of America Securities LLC)

TO: All persons and entities, wherever they may reside, who acquired any securities of Sino-Forest primary, Corporation including securities acquired in the secondary, and over-the-counter markets (the "Securities Claimants").

) READ THIS NOTICE CAREFULLY AS IT MAY AFFECT YOUR LEGAL RIGHTS. YOU MAY NEED TO TAKE PROMPT ACTION

IMPORTANT DEADLINES Objection Deadlines (for those who wish to object or make April (Ontario 1, 2015 submissions regarding the proposed settlements with the Dealers Superior Court); and or recognition and enforcement of any order approving such May (United proposed settlements in the United States. See pages 3 & 4 for 29, 2015 States Bankruptcy Court) more details)

Background of Sino-Forest Class Action and CCAA Proceeding In June and July of 2011, class actions were commenced in the Ontario Superior Court of Justice (the "Ontario Proceeding") and the Quebec Superior Court (the "Quebec Proceeding") by certain plaintiffs (the "Canadian Plaintiffs") against Sino-Forest Corporation ("Sino-Forest"), its auditors, a consulting company, its senior officers and directors, Credit Suisse Securities (Canada) Inc., TD Securities Inc., Dundee Securities Corporation, RBC Dominion Securities Inc., Scotia Capital Inc., CIBC World Markets Inc., Merrill Lynch Canada Inc., Canaccord Financial Ltd., Maison Placements Canada Inc., Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner Smith & Incorporated (successor by merger to Banc of America Securities LLC) (the "Dealers"). In January 2012, a proposed ) class action was commenced by certain plaintiffs (together with Canadian Plaintiffs, the "Plaintiffs") against Sino Forest and other defendants in the Supreme Court of the State of New York which was removed to and is now pending in the United States District Court for the Southern District of New York (the "U.S. Action") (together with the Ontario Proceeding and the Quebec Proceeding, the "Proceedings"). The Proceedings alleged, inter alia, that the public filings of Sino-Forest contained false and misleading statements about Sino-Forest's financial results, assets, business, and transactions.

Since that time, the litigation has been vigorously contested. On March 30, 2012, Sino-Forest obtained creditor protection under the Companies ' Creditors Arrangement Act (the "CCAA"), and the Ontario Superior Court ordered a stay of proceedings against the company and other parties (the "CCAA Proceeding"). Orders and other materials relevant to the CCAA Proceeding can found at the CCAA Monitor's website at be http://cfcanada.fticonsulting.com/sfc/ (the "Monitor's Website").

December 10, 2012, the Ontario Superior Court entered an order (the "Plan Sanction Order") approving a Plan of On Arrangement in the CCAA Proceeding. As partof the Plan of Arrangement, the court approved a framework by which the Plaintiffs may enter into settlement agreements with any of the third-party defendants to the Proceedings.

On February 4, 2013, a proceeding was commenced in theUnited States Bankruptcy Courtfor the SouthernDistrict of N York Bankruptcy Court") captioned In re Sino Forest Corporation, Case No. 13-10361 ew (the "United States (MG) - 2-

(the "Chapter 15 Proceeding") seeking recognition of the CCAA Proceeding and an order recognizing and enforcing the Plan Sanction Order in the United States. On April 15, 2013, the United States Bankruptcy Court entered an order recognizing and enforcing the Plan Sanction Order in the United States.

Shortly prior to the commencement of the CCAA Proceeding, the Plaintiffs entered into a settlement agreement with Poyry (Beijing) Consulting Company Limited (the ''Poyry Settlement"). The Poyry Settlementwas approved by courts in Ontario and Quebec, and January 15, 2013 was fixed as the date by which members of the class could opt of the Proceedings. The opt out period has now expired. No person may now opt out of the Proceedings.

To date, the claims in the Proceedings against the defendants Ernst & Young and David J. Horsley have also been settled and approved by the Ontario Superior Court. Those settlements have been recognized by the United States Bankruptcy Court in the Chapter 15 Proceeding.

On January 12, 2015, the Ontario Superior Court certified the Ontario Proceeding and granted leave to the Plaintiffs to pursue claims made pursuant to Part XXIIl. l of the Ontario Securities Act (and equivalent legislation in other Provinces) as against Sino-Forest, BDO Limited, Allen T.Y. Chan, W. Judson Martin, Kai Kit Poon, William E. Ardell, James P. Bowland, James M.E. Hyde, Edmund Mak, Simon Murray, Peter Wang, and Garry J. West.

Who Acts for the Securities Claimants

Koskie Minsky LLP, Siskinds LLP, Siskinds Desmeules, sencrl, and Cohen Milstein Sellers & Toll PLLC (collectively, "Class Counsel") represent the Securities Claimants in the Proceedings. If you want to be represented by another lawyer, you may hire one to appear in court for you at your own expense.

You will not have to directly pay any fees or expenses to Class Counsel. However, Class Counsel will seek to have their fees and expenses paid from any money obtained forthe class or paid separately by the defendants.

Proposed Settlement with the Dealers The Plaintiffs have entered into a proposed settlement with the Dealers (the "Settlement Agreement"). The Settlement Agreement would settle, extinguish and bar all claims, globally, against the Dealers in relation to Sino-Forest including the allegations in the Proceedings. The Dealers do not admit to any wrongdoing or liability. The terms of the proposed settlements do not involve the resolution of any claims against Sino-Forest or any of the other remaining defendants. For an update on CCAA orders affecting Sino-Forest, please see theMonito r's Website. A complete copy of the proposed Settlement Agreement and other information about these Proceedings is available on the website of Koskie Minsky LLP, at .kmlaw.ca/sinoforestclassaction, on the website of Cohen Milstein Sellers Toll PLLC www & at http:// .coherunilstein.com/cases/274/sino-forest ("Cohen Milstein Website") and on .sinosettlement.com www www (collectively, the "Class Action Websites").

) The Settlement Agreement, if approved and its conditions fulfilled, provides that CAD$32,500,000 (the "Settlement Amount") shall be paid into an interest bearing account for the benefit ofthe Securities Claimants until such time that it is distributed pursuant to orders of the Ontario Superior Court and to pay legal fees and disbursements.

In return, the Proceedings will be dismissed against the Dealers, and there will be an order forever barring all claims against them in relation to Sino-Forest, including any allegations relating to the Proceedings. Such order will be final and binding and there will be no ability to pursue a claim against the Dealers through an opt-out process under class proceedings or similar legislation.

The proposed settlement with the Dealers is subject to court approval, asdiscussed below.

Hearing to Approve the Settlement Agreement. Class Counsel Fees. and the Claims and Distribution Protocol on May 11. 2015 in Toronto, Ontario On May 11, 2015 at 10:00 a.m. (En, there will be a hearing before the Ontario Superior Court of Justice at which Class Counsel will seek that Court's approval of i) the Settlement Agreement; ii) the fees and expense reimbursement requests of Class Counsel; and iii) a plan of allocation and distribution of the Settlement Amount (the "Claims and Distribution Protocol") (together, the "Ontario Approval Motion"). The hearing will be held at the Canada Life Building, 330 University Avenue, 8th Floor, Toronto, Ontario. The exact courtroom number will be available on a notice board on the gthFloor. -3-

The proposed Claims and Distribution Protocol sets out, among other things, i) the method by which the Administrator {defined below) will review and process claims forms; and ii) the method by which the Administrator will calculate the amount of compensation to be distributed to each Securities Claimant, including the Allocation System, which assigns different risk adjustment factors to different Sino-Forest securities depending on factors such as the type of security acquired and the time that security was acquired. Persons that suffered the same loss on their Sino-Forest securities may receive different levels of compensation, depending on the risk adjustment factors assigned to their securities.

The detailed proposed Claims and Distribution Protocol can be found at the Class Action Websites, or by contacting Oass Counsel at the contact information set out at the end of this notice.

At the Ontario Approval Motion, the court will determine whether the Settlement Agreement and the Claims and Distribution Protocol are fair, reasonable, and in the best interests of Securities Claimants. At that hearing, Class Counsel will also seek court approval of its request for fe es and expense reimbursements ("Class Counsel Fees"). As is customary in class actions, Class Counsel is prosecuting and will continue to prosecute this class action on a contingent fee basis. Class Counsel is paid only where there isrecovery for the class, and Class Counsel funds the out of-pocket expenses of conducting the litigation in the interim. Class Counsel will be requesting the following fees and disbursements to be deducted from the Settlement Amount before it is distributed to Securities Claimants:

Siskinds LLP, Koskie Minsky LLP, Siskinds Desmeules, sencrl

Amount requested: upto $5,517,207 plus disbursements (expenses), plus taxes Cohen Milstein Sellers & Toll PLLC Amount requested: $194,620 plus disbursements (expenses), plus taxes

The court materials in support of these fee and disbursement requests will be posted on the Class Action Websites prior to the Distribution Protocol and FeeHeari ng.

Expenses incurred or payable relating to notification, implementation, and administration of the settlement {"Administration Expenses") will also be paid from the Settlement Amount.

All Securities Claimants may attend the hearing of the Ontario Approval Motion and ask to make submissions regarding the proposed settlement with the Dealers.

Persons intending to object to the approval of the Settlement Agreement, the Allocation and Distribution protocol or fe e and expense application are required to deliver a Notice of Objection, substantially in the form that can be found on the Class Action Websites, and, ifthis Notice is received by mail or email, enclosed with this Notice (the "Notice of Objection"), to Siskinds LLP by regular mail, courier, or email transmission, to the ) contact information indicated on the Notice of Objection, so that it is received by no later than 5:00 p.m. on April 1, 2015. Copies of the Notices of Obj ection sent to Siskinds LLP will be filed with the Ontario Superior Court.

Following the hearing of the Ontario Approval Motion, if the settlement is approved, there will be a hearing in the United States Bankruptcy Court in connection with the Chapter 15 Proceeding for an order recognizing and enforcing the order granting approval of the Dealers Settlementin the United States.

Hearing for Recognition and Enforcement on June 9. 2015 in New York. New York Among other things, the Settlement Agreement is conditioned on the entry of an order recognizing and enforcing the order granting the Ontario Approval Motion with respect to the Dealers Settlement in the United States. Accordingly, United States bankruptcy counsel for the Plaintiffs, Lowenstein Sandler LLP will file a motion (the "Dealers Settlement Recognition Motion") with the United States Bankruptcy Court seeking such relief, subject to the result of the Ontario Approval Motion. Copies of the Dealers Settlement Recognition Motion will be available on the Class Action Websites.

On June 9, 2015, at 10:00 a.m. {ET), a hearing has been scheduled on the Dealers Settlement Recognition Motion before the Honorable Martin Glenn, United States Bankruptcy Judge, in Courtroom 501 of the United States Bankruptcy Court, One Bowling Green, New York, New York. Ifthe Ontario Approval Motion is granted, the United -4-

States Bankruptcy Court will consider on June 9, 2015, or a later date if necessary, whether to grant an order recognizing and enforcing the order granting the Ontario Approval Motion respect to the Dealers Settlement in with the United States.

Any objections or responses to the Dealers Settlement Recognition Motion, which will be considered separately by the United States Bankruptcy Court from any objections made with respect to the Ontario Approval Motion, must be made in accordance with the United States Bankruptcy Code, the Federal Rules of Bankruptcy Procedure, and the Local Rules for the Bankruptcy Court. In addition, such objection or response must be made in writing describing the basis therefore and filed with the United States Bankruptcy Court electronically in accordance with General Order M-399 by registered users of the United States Bankruptcy Coures electronic case filing system, and by all other parties in interest, on a 3.S inch disc, preferably in Portable Document Format (PDF), Word Perfect or any other Windows-based word processing format, with a hard copy to the Chambers of the Honorable Martin Glenn, United States Bankruptcy Judge, Southern District of New York, One Bowling Green, New York, NY 10004-1408 and served upon United States bankruptcy counsel for the Dealers at Sherman & Sterling LLP, 599 Lexington Avenue, New York, NY 10022, United States Attention : Jaculin Aaron, and United States bankruptcy counsel for the Plaintiffs, Lowenstein Sandler LLP, 1251 Avenue ) of the Americas, New York, N.Y. 10020, Attention: Michael S. Etkin and Andrew D. Behlmann, so as to be received by them no later than May 29, 2015 at 5 p.m. (ET).

THE ONTARIO SUPERIOR COURT MAY APPROVE A CLAIMS AND DISTRIBUTION PROTOCOL THAT IS DIFFERENT THAN THE CLAIMS AND DISTRIBUTION PROTOCOL THAT IS PROPOSED BY CLASS COUNSEL. WHETHER OR NOT THEY SUBMIT A VALID CLAIM FORM, ALL PERSONS OR ENTITIES THAT ARE ENTITLED TO PARTICIPATE IN THE DEALERS SETTLEMENT WILL BE BOUND BY THE CLAIMS AND DISTRIBUTION PROTOCOL, WHATEVER IT MAY BE, THAT IS APPROVED BY THE ONTARIO SUPERIOR COURT.

The Administrator The Ontario Superior Court has appointed NPT RicePoint as the Administrator of the settlement. The Administrator will, among other things: (i) receive and process the claim forms; (ii) make determinations of Class Members' eligibility for compensation pursuant to the Claims and Distribution Protocol; (iii) communicate with Class Members regarding their eligibility for compensation; and (iv) manage and distribute the net settlement amount. The Administrator can be contacted at

Mailing Address: NPT RicePoint Class Action Services Sino-Forest Class Action P.O. Box 3355 London, ON N6A 4K.3 ) Telephone: 1-866-432-5534 Email Address: [email protected]

Website: www .nptricepoint.com Further Information If you would like additional information, please contact Koskie Minsky LLP, Siskinds LLP, Siskinds Desmeules sencrl, or Cohen Milstein Sellers Toll PLLC using the information below: & GarthMyers, Jonathan Ptak Koskie Minsky LLP 20 Queen St. West, Suite 900, Box 52, Toronto, ON, M5H 3R3 Re: Sino-Forest Class Action Tel: l.866.474. 1739 (within NorthAmerica) Tel: 416.595.2158 (outside North America) Email: [email protected] - 5 -

Dimitri Lascaris, Charles Wright Siskinds LLP 680 Waterloo Street, P.O. Box 2520 London, ON N6A 3V8 Re: Sino-Forest Class Action Tel: 1.800.461.6166 x 2380 (within North America) Tel: 519.672.2251 x 2380 (outside North America) Email: [email protected]

Simon Hebert Siskinds Desmeules, sencrl 43 Rue Buade, Bureau 320, Quebec City, Quebec, G1R4A2 Re: Sino-Forest Class Action Tel: 418.694.2009 Email: [email protected]

Richard Speirs, Genevieve Fontan Cohen Milstein Sellers & Toll, PLLC 88 Pine Street New York, NY I 0005 Tel. 212.838.7797 Email: [email protected]

Interpretation

If there is a conflictbetween the provisions of this notice and the Settlement Agreement, the terms of the Settlement Agreement will prevail.

Please do not direct inquiries about this notice to the Ontario Superior Court or the United States Bankruptcy Court. All inquiries should be directed to Class Counsel.

DISTRIBUTION OF THIS NOTICE HAS BEEN AUTHORIZED BY THE ONTARIO SUPERIOR COURT OF JUSTICE

) 0051

SINO-FOREST SECURITIES LITIGATION NOTICE OF MOTION TO AUTHORIZE ADDITIONAL ADMINISTRATION FEES and TO PERMIT LATE CLAIMS in the ERNST & YOUNG SETTLEMENT Notice of Motion to Authorize AdditionalAdministration Fees

NPT RicePoint Class Action Services Inc. ("NPT") is the court-appointed administrator of the settlement between the Ad Hoc Committee of Purchasers of Sino-Forest's Securities (the "Ad

Hoc Committee") and Ernst & Young LLP (the "E&Y Settlement"). Due to an unexpectedly high volume of claims filed the E&Y Settlement, materially beyond NPT's estimate in its in proposal to administer the E&Y Settlement (the "Proposal"), and a corresponding increase in the ) amount of time required for NPT to administer the settlement, the Ad Hoc Committee seeks an to order increasing NPT's fee from $580.000 $1,439,125.00.

The original fee of $580,000 proposed by NPT and approved by the court was based on an

estimate that 18,200 claims would be filed and the E&Y Settlement would take 5,500 hours to administer. The Proposal provided that the Ad Hoc Committee could return to court for authorization of additional fees for NPT if there was a material increase in claims filed in the E&Y Settlement. Such a material increase has occurred, and over 49,625 claims have now been filed (2.73 times greater than anticipated in the Proposal) and NPT expects to expend approximately 12,261 hours administering the settlement (6,761 more hours than contemplated in thePro posal). In the circumstances, class counsel believes that an increase in NPT's fees from $580,000 to $1,439,125.00 is fair and reasonable.

Notice of Motion to Permit Filing of Late Claims

Pursuant to court order, the deadline to file claims in the E&Y Settlement was February 14, 2014. Since that date, NPT has received approximately 1,780 late claims (the "Late Claims"). The Ad Hoc Committee seeks a court order permitting NPT to allow filing of all Late Claims ) received up until May 11, 2015. How to Object to the Motion to Authorize Additional Administrator Fees and to Permit Compensation for Late Claims

Your objection must be received by April 1, 2015. 0052

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION -DEALERS SETTLEMENT

(please check all boxes that apply): 1, a'l Qh"'J. (insert mname) am a current shareholder of Sino-Forest Corporation [Q"'

D am a formershareholder of Sino-Forest Corporation am a current noteholder of Sino-Forest Corporation D

D am a former noteholder of Sino-Forest Corporation other(please explain) D

acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the I Mr. "Order"),. persons wishing to obj ect to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5 :00 p.m. (Eastern Time)on April 1, 2015.

hereby give notice that I object to the Dealers Settlement, theclaims anddistributi on protocol, I or the counsel application for the following reasons (please attach extra pages if you require more space): 0053

- 2 -

ONLY SUBMIT OBJECTION YOU DO NOT LIKE THE DEALERS AN IF SETTLEMENT, IBE CLAIMS DISTRIBUTION PROTOCOL, OR AND THE COUNSEL FEE APPLICATION WISH TO OBJECT AND

DO NOT intend to appear at the hearing of the motion to approve the Dealers I � Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

DO intend to appear, in person or by counsel, and tomake submissions at thehearing of D I the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

ADDRESS FOR SERVICE IS: ADDRESS FOR MY MY LAWYER'S SERVICE IS (if applicable): Name: �(l)rv (. yr)'f >i Name: Address: .. Address: o15- /Ml> $M:>WWr'1 Rd lJeR..JJO N (jCo . ·u IN .).-:(5

Fax: Tel.:

Email: · a.\'\I'\ m°"'1 � -kJus n e -I Fax: Email: 00511

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street P0 Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION -DEALERS SETTLEMENT

I, I ltO-Nn J-f ((\� (please check all boxes that apply): lJ1 (insert name)

.1( am a current shareholder of Sino-ForestCorporation am a formershareholder of Sino-Forest Corporation 0 am a current noteholder of Sino-Forest Corporation 0 am a formernoteholder of Sino-Forest Corporation 0 0 other (please explain)

acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the I Mr. "Order"), persons wishing to obj ect to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (EasternTime) on April 1, 2015.

ONLY SUBMIT OBJECTION YOU NOT LIKE DEALERS AN IF· DO THE SETTLEMENT, CLAIMS AND DISTRIBUTION PROTOCOL, OR THE THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

' .

DO NOT intend to appear at the hearing of the motion to approve the Dealers D I Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name:

hu\J.J.cS':3.,).::r /CIC..1 �' .s-.�w bP_H ·�, (/.,,/_ Ue Je. rJ o J'..J 8 a:, u 111 .:i ::r s

Tel.: �S"C>� 5lf�-. �8' 90

Fax: Tel.:

Email: s , Y\ Fax: l\ � V\ �V'v\ @ .}Ju e + Email:

Date: _.\\_\"""-f\...._R,""""/�\ 1....._.{--=\S'----- Signature��'lM_� t,.: •; •:@ ----· YE //-3S-N..lkJt:, IJS-f!.llo tJ J!,(D l/rfeJ /..5 --Ol5-!DC>6SIUO u.Jherrt {{el, f/t:=!e..IUafJ ig�l//ff .:l-S 5 NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT TO: SISKINDS LLP 680 Waterloo Street P0 Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION -DEALERS SETTLEMENT

I , (please check all boxes that apply): Clo�(insert �-name) f') �

am a current shareholder of Sino-Forest Corporation D am a former shareholderof Sino-ForestCorporation � a current noteholder of Sino-Forest Corporation D am am a formernoteholder of Sino-Forest Corporation D other (please explain) D

acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the I Mr. "Order"); persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (EasternTime) on April 1, 2015.

hereby give notice that object to theDea lers Settlement, theclaims and distribution protocol, I I or the counsel application for the following reasons (please attach extra pages if you require more space): - 2 -

ONLY SUBMIT OBJECTION YOU DO NOT LIKE THE DEALERS AN IF SETTLEMENT, THE CLAIMS DISTRIBUTION PROTOCOL, OR THE AND COUNSEL FEE APPLICATION TO OBJECT AND WISH

the Dealers I DO NOT intend to appear at the hearing of the motion to approve Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

DO intend to appear, inperson or by counsel, and to make submissions at the hearing of D I the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or theCounsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

ADDRESS FOR SERVICE IS: MY MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable): Name: Ur.�1� fd.(Vt. -/� Name: Address: 31::'1 SJ; Address: for/-L.J�-E Ir;:� ON fVDtJ'-j_ e,q Tel.: · S l7 - 83.J. -6.9s I

Fax: Tel.:

Email:

Date: 0. 0 5 8

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street P0 Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION -DEALERS SETTLEMENT

I \� �"'�J""".,.._,..\.._ r\,,\,,.,...,._.,.u,\\\ 9,� ....'. (please check all boxes that apply): ,?°'-t (insertname) /

am a current shareholder of Sino-Forest Corporation

/ am a former shareholder of Sino-Forest Corporation 0 am a current noteholder of Sino-Forest Corporation O am a former noteholder of Sino-Forest Corporation 0 other (please explain) 0

acknowledge that pursuant to the order of Justice Morawetz dated January 29, 20 15 (the I Mr. "Order"), persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (Eastern Time) on April 1, 2015.

- 2 -

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

DO NOT intend to appear at the hearing of the motion to approve the Dealers I Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 20 15, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name:· '<\t �"'CJ�._..._\_ \-\,\ \...,.._,..,_ �""� ·'<�--Name: � 0 { Address: \1 �?. ...-..\...... , .....J \)J \ '1 � Address:

\� <. �-'' 0 . t) �\ t �--\�Q \? � Tel.: "-\ , � .:;- G.:l. '3;... u,,'"l

Fax: Tel.:

Email\�� c-� "'-� ,_ "'� c-C:t.�0...c � .(

Email:

·, ) Date: \\""->� \.. a.c .;l)::i\ � NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTIONPROTO COL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISK.INDSLLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION-D EALERS SETTLEMENT

boxes I, o'f- Qleth (please check all that apply): l-J kk• (insertBro�name)

r/ am a current shareholder of Sino-Forest Corporation

D am a formershar eholder of Sino-Forest Corporation a current notebolder of Sino-Forest Corporation D am a former noteholder of Sino-Forest Corporation D am other (please explain) D

I acknowledge that pursuant to the order of Justice Morawetz datedJanuary 29, 20 15 (the Mr. "Order"). persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (EasternTime) on April 1, 2015.

I hereby give notice that object to the Dealers Settlement, the claims anddistribution protocol, I or the counsel application for the following reasons (please attach extra pages if you require - more space): 006-1

- 2 -

ONLY SUBMIT AN OBJECTION IF YOU NOT LIKE THE DEALERS DO SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

1:.-t \) \�h\\)\0N!'\ ·, � �l... ,...... '""� .,,._ �) ,j �·.\(41 "' \'*\ rM- '-�"' 4vtu.,rJ\.f r:wc "Nlt� 11,, h\"'

NOT intend to appear at the hearing of the motion to approve the Dealers I DO Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a m. on May 2015, at 330 University Ave., 8th Floor Toronto, . 11, Ontario.

I DO intend to appear, in person or by counsel, and to make submissions at the hearing of O the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MYADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable): Name: Name: V{tN\\c-r Eurf'� Address:V °'\\w� LjcJl Add ss �\' , �L\ re : G� �� '{,q c.>W�, w�} I 1'1-oL\ 1-\.i�· �J �,_Pt{, LSM.VZ. I I Tel.: ON Lb\) 'L\12. 11\l()b �"<\� to oo X.. 'UL� �' Jb� Tel.: Fax: C\o}, (q� \1 51 �O� �qb uq) eott . '[?_) Email:\J r�,� � Fax � i�v\J.."""' ttPf� . : �oS �°'' �157 IZ10S2

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

(please check all boxes that apply):

rr' am a current shareholder of Sino-Forest Corporation am a former shareholder of Sino-Forest Corporation D D am a current noteholder of Sino-Forest Corporation

D am a former noteholder of Sino-ForestCorporation

D other (please explain)

I acknowledge that pursuant to the order of Mr. Justice Morawetz dated January 29, 2015 (the .. Order"), persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fe e application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or e ail to received by no later than 5:00 p.m. m be ( astern Time) on April 2015. E t,

- 0083

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SEITLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

1.\,- \) \�n\"..r-Owri \'f- )A-k (� l�l.r�o )r'r 1h '4!-t.-,) 1.k �re-tij,j("1,i \r, \?J\..\ rJf \\V\ £&x=� £1 '"'\\.q ((.,cL· nt� ·\\..L \f'\\t'_\LOI:< no\ < ()/- _L __�_o (:,(.1{l-�'.}_f--�_J-. k WJ:�\ _ -� � j'

DO NOT intend to appear at the hearing of the motion to approve the Dealers I Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I un erstand that my objection will filed with the court prior to the hearing of the d be motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

I DO intend to appear, in person or by counsel. and to make submissions at the hearing of 0 the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 0:00 a.m. on May 11. 2015, at 330 University Ave., 8th I Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWY ER'S ADDRESS FOR SERVICE IS (if applicable):

Name: Name: Vo. \ \w-�Y w � \ \--vv- � r�u k Address: LJc/k Address: �� Qv.ee,l--i:>�v"� �\'1 �L\ ·C,q ()�Y'\ DWlf../ hj::.' 0 j "''l'.Jtc 'O\\[, L � i'> '2..\1'2. t\.5,' I I Tel : .).)"'"(!'.� ON . "\�� 1 � tbo:i X.. 1.1..) Fax: Tel.: Ckb fl� ·\1 5 7 qo� �qb UoJ Email: Vf� Fax: t\jA€, �1i\.L�""'/'7f�. � �'JS �"� �15 7 Email: W\b'-"�

Nicole Young

From: maki pochara Sent: Monday, March 30, 2015 2:54 PM To: Sino-Forest Subject: Additional fees Objection

We shareholders have lost so if lawyers/NPT take additional fees 3 times to process more late claims makes no sense. This should be settled with less cost to get some money back to us and not the other way around. They should get more compensation from the defendants to cover their costs or go after Ont. securities or whoever is responsible for not auditing the Company in question. I have lost fa ith in the market because we do not know what we are investing in. I always thought that the companies are legitimate and what they report is true. Pl. send me only 1 copy. I am also known as Maggie. I am Maki Pochara, 266 Donlands Av. #438, Toronto,On M4J 581. When do we get any money? I hate to be in this situation. They had made tons of profits so what happened? Hope it settles soon. Not appearing. Maki

1 0. 0 8 5

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street P0 Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO�FOREST CORPORATION - DEALERS SETTLEMENT

I __ e�iv __ (please check all boxes that apply): , \'-':-\...... fl_,_,\\ ...:.:::f?"-'M� Pr_.

D am a current noteholder of Sino-Forest Corporation

D am a former noteholder of Sino-Forest Corporation D other (please explain)

acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the I Mr. "Order"). persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, col.U'ier or email to be received by no later than 5:00 p.m. (EasternTime) on April l, 2015.

hereby give notice that object to the Dealers Settlement, the claims and distribution protocol, I I or counsel application for the following reasons (please attach extra pages if you require the more space): 0066

- 2 -

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

c\a.�

DO NOT intend to appear at the hearing of the motion to approve the Dealers I Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and � I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

DO intend to appear, in person by counsel, and to make submissions at the hearing of D I 01· the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name: \1A'2. £>t\-f\JP\'l'J '3Ai"-Jf\ Name: Pg 'f'&LL\Q� 10A.J l�� 0 T_\_ Tel.: 41G,·1tO �l.\6'1�

Fax: Tel.:

: Email m�\pfQ/'i'\!'.�QGv(\a\\· (..

Email:

Date: Signature: /-//tr!. �3 S 1 /:20/ ;;� 0 087

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I, \ 0.. � (please check all boxes that apply): o� l( (insel't�l-name) h "'-l�

D am a current shareholder of Sino-Forest Corporation a formershareholder of Sino-Forest Corporation am D am a current noteholder of Sino-Forest Corporation

D am a formernoteholder of Sino-Forest Corporation D other (please explain)

acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the I Mr. "Order''), persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (EasternTime) on April 1, 20 15.

hereby give notice that object to and distribution I I the-Benlers Sctdemeut;-t� protoc0'1, or the counsel application for the following reasons (please attach extra pages if you require more space): - 2 -

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE DEALERS THE SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR TIIE COUNSEL FEE APPLICATION AND WISH TO OBJECT . I _ l �b)ut J � ��QS doc'"'�� h7 �1�U��

I DO NOT intend to appear at the hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be with the court prior to the hearing of the filed motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

DO intend to appear, in person or by counsel, and to make submissions at the hearing of 0 I the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: LAWYER'S ADDRESS FOR MY SERVICE IS (if applicable): Name: De I� le Sc.1 � "J Name: °'� r Address: l H""'" {c r �{ f Address: v l� (,. l'I\. \ \ \::"'I "-tot\.., Tel.: \v� ) 1.-,� - �4..; \ \. )._ .... v � Tel.: Fax: '1c},- S <\ q oh Fax: Email: ) n,_ J.� '}I�(' c,I._ '<.\.ler Email: V.:j It. <.n Date: �F -' 41---L--t-Jr-r-/ (_�_ 0069

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISK.INDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION- DEALERS SETTLEMENT

I (please check all boxes that apply): , (insertname)

D am a current shareholder of Sino-Forest Corporation l ,.:. � am a former shareholder of Sino-Forest Corporation D am a current noteholder of Sino-Forest Corporation

D am a former noteholder of Sino--Forest Corporation

D other (please explain)

ONLY SUBMIT OBJECTION IF YOU NOT LIKE THE DEALERS AN DO SETTLEMENT, THE CLAIMS DISTRIBUTION PROTOCOL, OR THE AND COUNSEL FEE APPLICATION AND WISH TO OBJECT

�··· I DO NOT intend to appear at the hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name: �6 �Hr :T5� Name: Address: 3 a,,,.-...,.(, £1-e;'C.. Address:

· �.6 6.e'g' Tel OAI/. ,�,� { YS/-i Fax: 'zj� Tel.: Emait:,,.�8 �·�� Fax: Email:� Date: � 39/ .2o{s- Signature: 0071

LLP &eoulinBarristers and Solicitors Patent and Trade-mark Agents

333 Bay Street, Suite 2400 Bay Adelaide Centre, Box 20 To ronto, Ontario, Canada MSH 2T6

FAS KEN MARTINEAU ,,dr� - "J� � s_.z;.. t'k;,.o ��· Po f3,y 38rS- � oAl. � /f � Ks 0072

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I, (please check all boxes that apply): __ ...... Vl..... o ...... ,_IJ, ..._lki______\..,..Jevl t1....._.(insertV �

am a current shareholder of Sino-Forest Corporation D

D am a former shareholder of Sino-Forest Corporation am a current noteholder of Sino-Forest Corporation o1 \JI am a former noteholder of Sino-Forest Corporation

D other (please explain) �Qotq �ll M��th '<.,ck 0-;, r N'tt� C\ .-z�La\L- j>reu��\y (t;ir11)\ sJ�t0\1v\ cn.J 1b 11ak,,,,..,.\-- 6 � °"'(V l\t.vPe{-_ 'oY\ . acknowledge that pursuant to the order of Mr. Justice Morawetz dated January 29, 2015 (the I "Order"), persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (Eastern Time) on April 2015. I,

hereby give notice that object to theDealers Settlement, the claims and distribution protocol, I I or the counsel application for the following reasons (please attach extra pages if you require more space): - 2 -

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISHTO OBJECT

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name:

Address:

Fax: Tel.:

Email: Fax:

Email:

Date: ) f l!J ftf?.0 2 1< 0074

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I _ (please check all boxes that apply): , _.._.l1.4:v_.,____172 ...... Lev.._ ....tf¥P.,..._ -=----- (insert name)

D am a current shareholder of Sino-Forest Corporation ]( am a former shareholder of Sino-Forest Corporation D am a current noteholder of Sino-Forest Corporation D am a former noteholder of Sino-Forest Corporation other (please explain) D

I acknowledge that pursuant to the order of Mr. Justice Morawetz dated January 29, 2015 (the "Order"), persons wishing to object to the Dealers Settlement, the claims and distribution protocol, or the counsel fe e application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5:00 p.m. (Eastern Time) on April 1, 2015.

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION WISH TO OBJECT AND

I DO NOT intend to appear at the hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 0:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, I Ontario.

ADDRESS FOR SERVICE IS: ' MY MY LAWYER S ADDRESS FOR SERVICE IS (if applicable):

Name:

Address: �� µ 1 '-'70 /""' .A-v.f. Address:

L-4-Clft�& ( tf2vt.'ec

Tel.: U'lt tc."'- t;t \l Fax: 'l �&-- f1 �"' Tel.: � \l \t�� to&<( Email: Fax: I'-l>t!V T {fPlvlf77t o · (/rJt4/f Email:

Date: HM.ca 0076

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE : SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I , (please check all boxes that apply): _ ...... Yl....ov ...... 1 ______,\,,,._)e'"'--Vl 1_(insertY...... _·v:it�_lfu

am a current shareholder of Sino-Forest Corporation O am a former shareholder of Sino-Forest Corporation O am a current noteholder of Sino-Forest Corporation O am a former noteholder of Sino-Forest Corporation

J other (please explain) O 'k{(L�\ kv V�V\S\y � t�A"t>Y\_ acknowledge that pursuant to the order of Justice Morawetz dated January 29, 2015 (the I Mr. "Order"), persons wishing to object to the Dealers Settlement, the claims and disttibution protocol, or the counsel fee application are required to complete and deliver this Notice of Objection to Siskinds LLP by mail, courier or email to be received by no later than 5 :00 p.m. (Eastem Time) on April l, 2015.

- 2 -

ONLY SUBMIT AN OBJECTION IF YOU DO NOT LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

DO NOT intend to appear at the hearing of the motion to approve I the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

0 I DO intend to appear, in person or by counsel, and to make submissions at the hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee App1ication, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name:

. Address:

Fax: Tel.:

Email: Fax:

Email:

Date: Jf !lJ ftR() 2 tS: 0078

Nicole Young

From: Robert Wong Sent: Wednesday, March 18, 2015 6:55 PM To: Sino-Forest Cc: Chan H Kim; Daniel Bach; A. Dimitri Lascaris; Charles M. Wright Subject: Objection to dealer settlement

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDS LLP 680 Waterloo Street PO Box 2520 London, ON N6A 3VS

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

I __ boxes __ �� --- (please check all that apply): , 'R..:..:..;:o:....b'-'��r_f .....;l.\""")L.::o'"-'h..... (insertname) 0

am a current shareholder of Sino-Forest Corporation

am a former shareholder of Sino-Forest Corporation

0 am a current noteholder of Sino-Forest Corporation

0 am a fonner noteholder of Sino-Forest Corporation

0 other (please explain)

I Cl� Q. r<-p<«et'\fqt;Je plqintrf�· �t fbe «htta.,c o Cfa�s c...ct.·on r. &b..\·e.c.t on t-h'l.t c"'Fc.-rt ... 0079

- 2 -

ONLY SUBMIT T AN OBJECTION IF YOU DO NQ LIKE THE DEALERS SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT L 1 �\\jE.c.t to fl, � '-\c.6 j.

€>o.'5:'2 1 & 0rJbJeJ.·l\YI ;:> 0� Q.nofber shed to fo flciJ-._

0 I DO NOT intend to appear at the hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the y motion at 10:00 a.m. on Ma 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

I DO intend to appear, in person or by counsel, and to make submissions at the hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00 a.m. on May 11, 2015, at 330 University Ave., 8th Floor Toronto, Ontario.

ADDRESS FOR SERVICE IS: LAWYER'S ADDRESS FOR MY MY SERVICE IS (if applicable):

Name: Name: Ro b�\l"t We t)l Address: Address: �f.t> f H�roVi fe vrt\ce

K�vica.v-J

Email: Fax:

Email:

2 Nicole Young

From: qing yu Sent: Friday, February 27, 2015 12:57 PM To: Nicole Young Subject: Re: Sino-Forest Securities Class Action

To whom it may concern:

I, Qing Yu, a current shareholder of Sino-Forest, object ANY settlement regarding Sino-Forest case, because I think the case should have a court trial, criminal trial, due to the seriousness of the allegations against Sino- F orest and its executives.

None of the allegations against Sino-Forest has been ever proven. For reasons and facts, I believe that Muddy Waters' and the OSC's allegations against Sino-Forest are groundless.

If Sino-Forest owned all the trees it claimed, those trees should still belong to us current stock-holders.

Best regards,

Qing Yu

On Fri, Feb 27, 2015 at 9:11 AM, Nicole Young wrote:

Dear Sir/Madam:

You have previously contacted Siskinds LLP in connection with the Sino-Forest Class Action. There have been developments in this action. Attached please find a Notice of Proposed Settlement, Objection Form and a Notice in connection with the E&Y Settlement.

Please review the Notices carefully as your rights may be affected.

Kind regards,

1 0081

Nicole Young Clerk Law Siskinds LLP 680 Waterloo Street London, ON N6A 3V8

Tel: (5 19) 672-2251 x2380 Fax: (5 19) 672-6065 Mail: [email protected] Web: www.siskinds.com

� Stay Connected: EJ

Please consider the environment before printing this email

This message contains confidential information and is intended only for yu909ajng@gmajl com. If you are not yu [email protected] you should not disseminate, distribute, print or copy this e-mail. Please notify [email protected] immediately by e-mail if you have received this e-mail in error and delete this e-mail from your system. E-mail transmission cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. Neither Siskinds LLP nor the sender [email protected] accepts liability for any errors or omissions in the contents of this message, which arise as a result of e-mail transmission. If verification is required please request a hard-copy version.

Qing Yu

2 0082

THIS IS EXHIBIT "B " REFERRED TO IN THE AFFIDAVIT OF HEATHER PALMER

SWORN BEFORE ME, THIS 23RD DAY OF APRIL, 2015 0083

NOTICE OF OBJECTION

ONLY USE THIS FORM IF YOU DO NOT LIKE THE DEALERS SETTLEMENT OR THE CLAIMS AND DISTRIBUTION PROTOCOL OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT

TO: SISKINDSLLP 680 Waterloo Street PO Box 2520 London, ON N6A 3V8

Attention: Nicole Young

Email: [email protected]

RE: SINO-FOREST CORPORATION - DEALERS SETTLEMENT

(please check all boxesthat apply): 1, I.e:rt1r -r '5UT.:>l

g' am a current shareholder of Sino-Forest Corporation am a former shareholder of Sino-Forest Corporation O am a current noteholder of Sino-Forest Corporation O am a formernoteholder of Sino-Forest Corporation O

0 other (please explain)

ONLY SUBMIT OBJECTION IF YOU DO NOT LIKE THE DEALERS AN SETTLEMENT, THE CLAIMS AND DISTRIBUTION PROTOCOL, OR THE COUNSEL FEE APPLICATION AND WISH TO OBJECT J �µ µ_ � � � ;.�. NP'rs � /-.:V�/� $� $0, ooo /o �. .f-39�1;;.�-  � . .y,x:t4 � -;tt�� · /�� M�;?k � � � 7Pv;-- a � .d�·

e( I DO NOT intend to appear at the hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, and I understand that my objection will be filed with the court prior to the hearing of the motion at 10:00 a.m. on May 11, 20 15, at 330 University Ave., 8th Floor Toronto, Ontario.

D I DO intend to appear, in person or by counsel, and to make submissions at the hearing of the motion to approve the Dealers Settlement, the Claims and Distribution Protocol, or the Counsel Fee Application, at 10:00a.m. on May 11, 201 5, at 330 University Ave., 8th Floor Toronto, Ontario.

MY ADDRESS FOR SERVICE IS: MY LAWYER'S ADDRESS FOR SERVICE IS (if applicable):

Name: J"G- rv'! / 5Tc -rsl

c J. Address: j_;;.o ;;..., .i3u r- ke.s R ..... Address: &a � "" " l'r"- o rJ. 17 G- o B 'f

Tel.:

Tel.: Fax:i(!i

Email:

Date: OfJi ( , ). o I .;" Signature: J� �VJ 0085

Nicole Young

From: George Sent: Thursday, February 26, 2015 7:54 AM To: Sino-Forest Subject: Attn: Nicole Young

Hello,

I would like to object to permitting the late filing of claims. l)George Charocopos 2) I am objecting as there was an additional filing deadline. The time taken the administrator has been much longer than anticipated. They are now requesting more time to complete the work and more money. Allowing "late claims" will just further hinder the process and cost more money in doing so. Therefore reducing the amount of money to be paid to claimants that filed by the original deadline. 3) will attend court I have to file this motion I 4) 2 Neapolitan Drive, Toronto, ON, M1P4Bl

Regards,