CHINA FOREST INDUSTRY : China Forest Industry Holdings increased forest land 8520 mu and factory 30829 M2

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Paris, March. 20, 2009 - China Forest Industry Holdings Limited (MLCFI), today announces that during the period of 30 Oct 2008 to 30 Jan. 2009, company has acquired 8520 mu mature forest land (15mu=1 hectare). And company has gotten the official forest property right certificate for all these land.

Meanwhile, Company has purchased an industrial factory building which locates in FengYuan Park, the land area 18731.4 M2 and the estate area reaches 30829.3 M2 . The certificate of land property has been transferred. This provides a solid foundation for the company's deep processing business.

China Forest Industry Holdings Limited was listed on the NYSE-Euronext in Oct 2008. The company's founders believe that the development of company will not only yield commercial rewards for its shareholders but will also contribute positively to environmental preservation.

About China Forest Industry The Company, listed on Euronext, the Paris stock exchange with stock symbol "MLCFI", is engaged in forest plantation, logging, standing wood transfer, timber production, and forestry management & agent service.

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