L&L Energy Reaffirms Fiscal 2010 Guidance and Will Present at the American Coal Council Spring Forum

SEATTLE, March 4 /PRNewswire-FirstCall/ -- L&L Energy, Inc., (Nasdaq: LLEN), a U.S.-based company operating coal businesses in China, today reaffirms guidance for the fiscal year 2010 and announces that Dickson V. Lee, Chairman and CEO, will present at the American Coal Council (ACC) Spring Forum in Clearwater, Florida, on March 4, 2010.

As previously released on October 9, 2009, the Company expects annual revenue of $108.1 million, projected net income of $28.1 million, and earnings per share of $0.94 for the fiscal year ending April 30, 2010, on a GAAP basis.

The Company is scheduled to present on March 4, 2010 as part of the ACC Forum's concluding keynote session from 9:15 am – 10:45 am Eastern Time. Mr. Lee will provide an overview on China's coal industry and of L&L's operations.

About the Spring Coal Conference

The ACC's Spring Coal program examines marketplace and public policy issues of critical importance to the utility-coal industry. The event serves as a forum for senior industry executives from companies that produce or/and consume coal. The program features presentations from coal suppliers, utilities, railroads and energy traders, along with leading consultants and government representatives.

About L&L Energy

Founded in 1995 and headquartered in Seattle, L&L (http://www.LLEnergyInc.com) focuses on serving the energy market in China. Through its subsidiaries, it operates profitable coal mines, coal wholesale, coking, and coal-washing facilities in Yunnan and Guizhou Provinces.

Forward-Looking Statements

The statements contained words that are not historical fact, including but not limited to, statements using terms such as "anticipate," "expert," "plan," and other expressions, including statements related to Company's future performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. Actual results described in this document could differ materially due to numerous factors made by the company filing with the Securities and Exchange Commission. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

SOURCE L&L Energy, Inc.