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China Bio Energy Holdings Group Announces Financing and Exercise of Warrants
Date:10/16/2008

this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website ( http://www.sec.gov ). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For more information, please contact:

Dan Joseph

ICR, Inc.

Tel: +86-21-6122-1077

Bill Zima

ICR Inc. (US)

Phone: +1-203-682-8200


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SOURCE China Bio Energy Holdings
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