Puda Coal Announces Analyst and Investor Days

TAIYUAN, China, Feb. 28, 2011 /PRNewswire-Asia-FirstCall/ -- Puda Coal, Inc. (NYSE Amex: PUDA) ("Puda Coal" or the "Company"), a supplier of high grade metallurgical coking coal used to produce coke for steel manufacturing in China and consolidator of nine coal mines in Pinglu County Yuncheng City ("Pinglu Project") and four coking coal mines in Huozhou County Linfen City ("Jianhe Project") in Shanxi Province, today announced that the Company will host its first investor event for analysts and institutional investors at various locations in Shanxi Province, China, including its corporate headquarters in Taiyuan from March 24-25, 2011. Throughout the event, senior management will be available to discuss Puda Coal's business and growth strategy.

Key topics at the two-day event will include:

• Site visits to the Company's coal mines under Pinglu Project in Southern Shanxi Province, one coal mine under Jianhe Project, one coal washing facility in central Shanxi Province, and its corporate headquarters in central north of Shanxi Province.
• Presentations by Puda Coal's senior management
• A review of Puda Coal's financial performance
• Puda Coal's vision and mission for 2011 and beyond

A more detailed agenda will be provided closer to the event.  For more information or to RSVP for this event, please contact Roger Ellis at +1 310-954-1332 or via email at [email protected].

About Puda Coal, Inc.

Puda Coal, through its subsidiaries, supplies premium high grade metallurgical coking coal used to produce coke for steel manufacturing in China. The Company currently possesses 3.5 million metric tons of annual coking coal capacity. The Company is in the process of adding coal mining operations to its business, as an acquirer and consolidator and acquirer of coal mines in Shanxi Province. On September 30, 2009, Shanxi Coal, a 90% indirect subsidiary of the Company, was appointed by the Shanxi provincial government as an acquirer and consolidator of eight thermal coal mines located Pinglu County in southern Shanxi Province. Shanxi Coal plans to consolidate the nine coal mines into five, increasing their total annual capacity from approximately 1.1 million to 3.6 million metric tons. Shanxi Coal received another approval by the Shanxi provincial government to consolidate four additional coking coal mines into one coal mine in Huozhou County. After the completion of the consolidation, the Jianhe project is expected to increase the total annual capacity from 720,000 metric tons to 900,000 metric tons, according to the Shanxi provincial government's approval. For more information, please visit http://www.pudacoalinc.com.  

SOURCE Puda Coal, Inc.

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