Changfeng Energy Inc.
TSX VENTURE : CFY

Changfeng Energy Inc.

June 21, 2012 08:00 ET

Changfeng Announces Appointment of New Director

TORONTO, ONTARIO--(Marketwire - June 21, 2012) - Changfeng Energy Inc., (TSX VENTURE:CFY) ("Changfeng" or the "Company"), is very pleased to announce the appointment of John Kutkevicius as a new board director of the Company as proposed in the Company's Management Proxy Circular and approved at the Annual General Meeting held on June 20, 2012 (the "AGM").

Mr. Kutkevicius is currently a partner with the Toronto law firm of Wildeboer Dellelce, LLP where he practices in the area of income tax law. He has previously served as a Director and Chairman of the Audit Committee of Chariot Resources Limited from December, 2004 to June, 2010.

Mr. Richard Ling, who served as a Director of the Company since June 29, 2011, was not included in the slate of directors to be nominated to the Board due to his new job commitments. Mr. Huajun Lin, the Chairman and CEO of the Changfeng stated that, "we thank Richard, for his contribution to the Company and welcome Mr. Kutkevicius to our Board."

About Changfeng Energy Inc.

Changfeng Energy Inc., is a natural gas service provider with operations located throughout the People's Republic of China. The Company services industrial, commercial and residential customers, providing them with natural gas for heating purposes and fuel for transportation. The Company has developed a significant natural gas pipeline network as well as urban gas delivery networks, stations, substations and gas pressure regulating stations in Sanya City & Haitang Bay. Through its network of pipelines, the Company provides safe and reliable delivery of natural gas to both homes and businesses. The Company is headquartered in Toronto, Ontario and its shares trade on the Toronto Venture Exchange under the trading symbol "CFY". For more information, please visit the Company website at www.changfengenergy.com.

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

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