30 Nov 2010

China Biodiesel International Holding Co., Ltd.
("the Company")

Redemption Accomplished

All redemption jobs have been accomplished under relevant laws, and the Company has paid by checks to all
shareholders the relevant redemption amount for the shares that they held. The company now beomes a private company after all shares have been redeemed and cancelled.

If there is any shareholder that has not got the redemption value(check), please contact your nominees(brokers) or the Company with the following contact details for further disposal.

Gloria He, CFO
Tel: +86 (592) 7191103, Email: herzl@126.com

James Wang, Company Secretary
Tel: +86 (592) 7191109, Email: james.wang@chinabiodiesel.cn