RNS Number:3845B

China Biodiesel International Hold 

02 August 2007

The Company today announces a pre-close trading statement following the end of

the interim period. The Directors expect revenue for the first six months of the

year to be in line with management expectations. Gross margins continue to be

depressed compared with last year due to increased feedstock prices and stable

selling prices for diesel within China and internationally as highlighted at the

time of the AGM. However, gross margins are currently showing signs of

improvement.

In the second half of 2007 turnover will be affected by the consequence of the

earlier delays in building the extension to the plant in Longyan and the delay

in completing the new plant in Xiamen caused by poor weather in South China.

Full production is expected at the Longyan plant in the fourth quarter of 2007

and in the Xiamen plant in the first quarter of 2008.

As a consequence, revenue for 2007 is likely to be below previous guidance given

by the Company at the time of the AGM which will lead to reduced net profit for

the year ended 31 December 2007.

2 August 2007