Chen Tao, Chairlady and CEO of China Kingstone Purchases 500,000 Issued Shares on the SEHK

Enhances Company Value with Full Confidence in the Company Outlook

HONG KONG, April 3, 2012 /PRNewswire-Asia/ -- China Kingstone Mining Holdings Limited ("China Kingstone" or the "Company" and, together with its subsidiaries, the "Group"; stock code: 1380.HK), the largest marble producer in China, announced Ms. Chen Tao, Chairlady and Chief Executive Officer, purchases 500,000 shares on 3 April 2012 at an average price of HK$0.445 per share.

Ms. Chen Tao, Chairlady and Chief Executive Officer of China Kingstone, said, "We had just announced our 2011 annual results in the past week and we still achieved satisfactory business performance in view of the global market volatility during 2011. However, our current stock price is unable to reflect the actual value of the Company. As the Chairlady and Chief Executive Officer, purchasing the shares fully reflected my confidence on the future prospects of the Company development. Looking ahead, we will continue to strive to accomplish our ultimate goal to become the best integrated stone business operator, generating fruitful returns to thank for the continuous support of our shareholders."

About China Kingstone Mining Holdings Limited

China Kingstone is the superior marble operator in China. It owns and operates two marble mines in Sichuan, namely the Zhangjiaba Mine and the Tujisi Mine. The Zhangjiaba Mine is the largest beige marble mine in China in terms of marble reserves, according to a certification issued by CSMA, containing 44.2 million cubic meters of measured and indicated marble resources and 16.8 million cubic meters of blocks. The Tujisi Mine contains resources of approximately 12,213,200 m3 (331, 332 and 333 under Chinese Standard) and is far higher than the preliminary estimate for resources of 6,100,000 m3 at acquisition. The Company's principal products are premium beige marble slabs and blocks.

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