SOURCE: Puda Coal, Inc.

October 12, 2006 09:10 ET

Puda Coal, Inc. to Present at Conference and Conduct U.S. Road Show

Puda to Speak at The Money Show in San Francisco; Puda to Present to Institutional Investors in Three Cities

TAIYUAN CITY, CHINA -- (MARKET WIRE) -- October 12, 2006 -- Puda Coal, Inc. ("Puda" or the "Company") (OTCBB: PUDC), a leading supplier of China's highest grade metallurgical coking coal -- which is used to make coke for steel manufacturing -- announced today that it will present at The Money Show and conduct a one-week U.S. road show from October 18 - 25, 2006. This road show is part of Puda's ongoing commitment to creating visibility and awareness with North American investors through a comprehensive after market support campaign.

Puda will open the road show by presenting at The Money Show in San Francisco, CA on October 17th. The Company will then present to institutional investors in San Francisco, New York and Boston from October 18 - October 25, 2006.

Road Show Calendar

Below are the dates for Puda's road show. Please contact Pamela Solly at (720) 489-4912 or at ps@aftermarketsupport.com if you would like to learn more about these events or any one of Puda's scheduled stops during their U.S. visit.

--  October 16-18:  San Francisco
    
--  October 19-20 and October 24-25:  New York
    
--  October 23:  Boston
 
The Money Show San Francisco

Helping individual investors to understand and profit from the market has been the primary focus of The Money Show for 28 years. Thousands of individual investors are converging on the Marriott Resort in San Francisco from October 16-18 as a third quarter checkup of their portfolios and investment strategies. Puda Coal will be presenting to this highly targeted and motivated investor audience over the three-day span. For more information on The Money Show, visit www.sanfranciscomoneyshow.com.

About Puda Coal, Inc.

Puda Coal, through its affiliates and controlled entities, supplies premium grade coking coal to the steel making industry for use in making coke. The Company currently possesses 2.7 million metric tons of annual coking coal cleaning capacity, and management believes it is the largest coking coal cleaning company in terms of capacity in Shanxi Province, China. Shanxi Province provides 20-25% of China's coal output and supplies nearly 50% of China's coke.

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

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