Puda Coal, Inc. Retains CCG Elite

LOS ANGELES, Jan. 9 /Xinhua-PRNewswire-FirstCall/ -- Puda Coal, Inc. ("Puda Coal") (OTC Bulletin Board: PUDC), a leading supplier of China's premium grade coking coal for the steel industry, announced today that it has retained CCG Elite to design and execute its investor relations campaign. Puda Coal specializes in coal washing, a value-added process for providing high quality, cleaned coking coal to coke and steel producers for making the coke used in the steel manufacturing process, in the People's Republic of China.

"We are one of the largest non-state-owned coal washing processors in Shanxi Province, the area famed as China's ‘King of Coal'," said Mr. Ming Zhao, President, CEO and Chairman of the Board of Puda Coal. "With the acquisition of two new facilities in late 2005, we have expanded our annual cleaned coal washing capacity by 440% to 2.7 million metric tons from 500,000 metric tons. With our added capacity we are well positioned to benefit from China's rapid growth and consumption of steel."

Puda Coal acquired several new facilities with state-of-art processes and systems, including a new recycling process capable of recycling lost raw coal volume enabling the company to produce higher yields. These new facilities increase the yield realized on 1MT of raw coal blend input from 0.69 - 0.76 MT of cleaned coking coal to 0.83 MT of cleaned coking coal. The facilities are strategically located close to some of the highest quality coking coal reserves suitable for steel making, allowing the company to receive favorable purchase price and stable raw coal supply from coal mines. Moreover, in 2006, Puda Coal increased its market share by acquiring new business and expanding the scale of existing customer relationships. Major new customers include Wulin Coke, and Xuanhua Steel Group.

"Puda Coal has executed well over the past year and continues to demonstrate strong growth potential with their capacity expansion, geographic advantage as well as superior coking coal yield," commented Crocker Coulson, President of CCG Elite. "With the implementation of the CCG Elite's investor relation program we will increase Puda Coal's visibility in both the investment community and financial media."

About CCG Elite

CCG Elite is uniquely positioned to provide an outsourced, high-level investor relations solution that combines in-depth understanding of Asia's corporate culture and economic scene and a direct pipeline into the leading funds and broker-dealers in the U.S. CCG Elite is a global, full service investor relations agency with corporate headquarters in Los Angeles and offices in New York City, Irvine, CA, Beijing and Hong Kong. The agency's Asia-based clients include Haier Electronics Group, Sinolink Worldwide Holdings Ltd., Panva Gas Holdings Ltd., Hua Han Bio-Pharmaceutical Holdings Ltd., Yantai North Andre Juice Co., Pico Far East Holdings Ltd., China Grand Forestry Resources Group Ltd., Century Sunshine and Xi Wang Sugar. CCG Elite's U.S.-based clients include TRW Automotive Holdings, Quality Systems, SI International, Analex Corporation, Diodes Inc. and CRM Holdings. For further information, contact CCG Elite directly, or visit the Company's Web site at http://www.ccgir.com .

About Puda Coal, Inc.

Puda, 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.

For more information, please contact:

Crocker Coulson, President

CCG Elite

10960 Wilshire Boulevard, Suite 2050

Los Angeles, California 90024

Tel: +1-310-231-8600 x103

Email: crocker.coulson@ccgir.com

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