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Yongye International Announces First Quarter 2010 Results
Date:5/12/2010

ilding efforts, and expanded production capacity. We look forward to completing the construction of our new production facility in the third quarter and expect to increase gross and operating margins over time by pursuing this vertical integration strategy."

Conference Call

The Company will host a conference call at 10:00 a.m. Eastern Time on May 14, 2010, to discuss its first quarter 2010 results.

To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: (877) 407-5374. International callers should dial +1 (702) 894-2288. The conference pass code is 74617871.

For those who are unable to participate on the live conference call, a replay will be available for fourteen days. To access the replay, please dial (800) 642-1687. International callers should dial +1 (706) 645-9291. The replay pass code is 74617871.

Use of Adjusted Financial Measures

GAAP results for the three months ended March 31, 2010 include a non-cash change in fair value of derivative liabilities. To supplement the Company's condensed consolidated financial statements presented on a GAAP basis, the Company has provided adjusted financial information excluding the impact of this item in this release. It is a departure of U.S. GAAP; however, the Company's management believes that this adjusted measure provides investors with a better understanding of how the results relate to the Company's historical performance. A reconciliation of the adjustments to GAAP results appears in the table accompanying this press release. This additional adjusted information is not meant to be considered in isolation or as a substitute
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SOURCE Yongye International, Inc.
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