China Biodiesel: Directorate Change | Company Announcements

Thursday 30 October, 2008

China Biodiesel

Directorate Change

RNS Number : 0109H

China Biodiesel International Hold

30 October 2008

China Biodiesel International Holding Co., Ltd. ('CBI' or the 'Company')

Directorate Change

The Company today announces that Ping Xu has resigned as a non-executive director of the Company with immediate effect.

The board would like to thank Mr Xu for all his efforts over the past years and wish him every success for the future.

The Board has decided not to fill the vacated position at present as a cost-saving measure in the current economic climate. Two UK-based Non Executives continue to serve on the Board of Directors.

For further information:

Gloria He, CFO: +86 (592) 7191103

James Wang, Company Secretary: +86 (592) 7191109

Allan Piper or Lei Jiang

First City (China) Ltd: +44 (0) 207 242 2666/ +852 2854 2666

Tom Price or Bobbie Hilliam

Evolution Securities: +44 (0) 207 071 4300

This information is provided by RNS

The company news service from the London Stock Exchange

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