CNinsure to Announce First Quarter 2010 Financial Results and Host Conference Call on May 24, 2010

GUANGZHOU, China, May 7 /PRNewswire-Asia-FirstCall/ -- CNinsure Inc. (Nasdaq: CISG), a leading independent insurance intermediary company operating in China, today announced that it will release its financial results for the first quarter 2010 after the close of the U.S. financial markets on May 24, 2010.

Yinan Hu, Chairman & CEO and Peng Ge, CFO will host a conference call to discuss the first quarter 2010 results at:

    Time:     9:00 pm Eastern Daylight Time on May 24, 2010
          or  9:00 am Beijing/Hong Kong Time on May 25, 2010

    The dial-in numbers:
     United States:                            +1-877-538-6619
     United Kingdom:                           0808-234-6305
     Canada:                                   +1-866-8691-825
     Singapore:                                800-852-3576
     Taiwan:                                   0080-185-6004
     Hong Kong & Other Areas:                  +852-3005-2050
     China (Mainland):                         400-681-6949
    Password: 618842#

    A replay of the call will be available for 30 days as follows:

     +852-3005-2020   (Hong Kong & other areas)
     PIN number:      147257#

Additionally, a live and archived web cast of this call will be available at: http://www.corpasia.net/us/CISG/irwebsite/index.php?mod=event

About CNinsure Inc.

CNinsure is a leading independent insurance intermediary company operating in China. CNinsure's distribution network reaches many of China's most economically developed regions and affluent cities. The Company distributes a wide variety of property and casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China, and provides insurance claims adjusting as well as other insurance-related services.

Forward-looking Statements

This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as "will," "expects," "believes," "anticipates," "intends," "estimates" and similar statements. Among other things, the management's quotations and the Business Outlook section contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about CNinsure and the industry. Potential risks and uncertainties include, but are not limited to, those relating to CNinsure's limited operating history, especially its limited experience in selling life insurance products, its ability to attract and retain productive agents, especially entrepreneurial agents, its ability to maintain existing and develop new business relationships with insurance companies, its ability to execute its growth strategy, its ability to adapt to the evolving regulatory environment in the Chinese insurance industry, its ability to compete effectively against its competitors, quarterly variations in its operating results caused by factors beyond its control and macroeconomic conditions in China and their potential impact on the sales of insurance products. All information provided in this press release is as of May 7, 2010, and CNinsure undertakes no obligation to update any forward- looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although CNinsure believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by CNinsure is included in CNinsure's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F.

SOURCE CNinsure Inc.

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