SOURCE: China Shuangji Cement Ltd.

October 21, 2008 08:30 ET

China Shuangji Cement Receives Frankfurt Stock Exchange Listing

ZHAOYUAN CITY, CHINA--(Marketwire - October 21, 2008) - China Shuangji Cement Ltd. (OTCBB: CNSJ) (FRANKFURT: C99) ("China Shuangji" or "the Company") wishes to announce that it has received its listing effective today on the Frankfurt Stock Exchange with the ticker symbol of "C99." The approval of the listing on the Frankfurt Stock Exchange is an important move in order to broaden the Company's shareholder base and increase exposure to worldwide capital markets which is an integral part of China Shuangji's international strategy.

The Frankfurt Stock Exchange is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It ranks third in the world behind NYSE and NASDAQ. It is owned and operated by Deutsche Borse, which also owns the European futures exchange Eurex and clearing company Clearstream. For more information on Frankfurt Stock Exchange please visit www.exchange.de

About China Shuangji Cement, Ltd.

China Shuangji Cement, Ltd., through its affiliates and controlled entities, is a supplier of high-grade cement to the industrial sector in the People's Republic of China and to international markets. Its processed cement products are primarily purchased by the cement industry for the purpose of making the cement required for the construction of buildings, roads, and other infrastructure projects. The Company currently produces 1,500,000 metric tons of Portland cement annually and is one of the strongest 500 building materials enterprises in China.

Forward-looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to our future anticipated 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 do not intend 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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