China Shen Zhou Mining & Resources, Inc. Wins RMB 11 Million Supply Contracts for...

China Shen Zhou Mining & Resources, Inc. Wins RMB 11 Million Supply Contracts
for Fluorite Ores

BEIJING, Jan. 12 /PRNewswire-Asia-FirstCall/ -- China Shen Zhou Mining &
Resources, Inc. (NYSE Alternext US: SHZ) ("China Shen Zhou", or "the
Company"),
a leading company engaged in the exploration, development, mining and
processing of fluorite, zinc, lead, copper, and other nonferrous metals in
China, today announced one of its subsidiaries, Xiangzhen Mining, has signed 3
supply contracts for fluorite ores with Huatai Company from Shanxi Province
and Hongzhi Company from Hebei Province respectively. The total value of such
contracts is approximately RMB 11 million (US$1.6million).
According to such contracts, the Company will extract and deliver 16,000
tons of fluorite ores in total from January 2009 through December of 2009.
"We are very excited to sign such significant contracts before the Chinese
Lunar New Year, which marks a good beginning for 2009," said Ms. Jessica Yu,
Chairwoman and CEO of China Shen Zhou. "Although the winter is typically a
sluggish period for fluorite manufacturing, we believe our efforts and
manufacturing capabilities will allow us to improve our operations and enhance
fluorite extraction and processing. We are committed to satisfying all our
clients' demands."
About China Shen Zhou Mining & Resources, Inc.
China Shen Zhou Mining & Resources, Inc., through its subsidiary, American
Federal Mining Group ("AFMG"), is engaged in the exploration, development,
mining, and processing of fluorite and nonferrous metals such as zinc, lead
and copper in China. The Company has the following principal areas of interest
in China: (a) fluorite extraction and processing in the Sumochaganaobao region
of Inner Mongolia; (b) zinc/copper/lead exploration, mining and processing in
Wulatehouqi of Inner Mongolia; and (c) zinc/copper exploration, mining and
processing in Xinjiang. In addition, AFMG owns 100% of Kichi-Chaarat Closed
Joint Stock Company, whose major assets include a copper-gold mine located in
the Kuru-Tegerek region of western Kyrgyzstan.
For more information, please visit http://www.chinaszmg.com/
Safe Harbor Statement
Certain of the statements made in the press release constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements can be identified by the use
of forward-looking terminology such as "believe," "expect," "may," "will,"
"should," "project," "plan," "seek," "intend," or "anticipate" or the negative
thereof or comparable terminology. Such statements typically involve risks and
uncertainties and may include financial projections or information regarding
our future plans, objectives or performance. Actual results could differ
materially from the expectations reflected in such forward-looking statements
as a result of a variety of factors, including the risks associated with the
effect of changing economic conditions in the People's Republic of China,
variations in cash flow, fluctuation in mineral prices, risks associated with
exploration and mining operations, and the potential of securing additional
mineral resources, and other risk factors detailed in reports filed with the
Securities and Exchange Commission from time to time.
For more information, please contact:

In China:
Sterling Song
Senior Investor Relations Manager
China Shen Zhou Mining & Resources, Inc.
Tel: +86-10-8890-6927
Email: investor@chinaszky.com
Web: http://www.chinaszmg.com

In the U.S.:
David Elias
Investor Relations
DME Capital LLC
Tel: +1-516-967-0205
Email: dave@dmecapital.com

SOURCE China Shen Zhou Mining & Resources, Inc.

In China - Sterling Song, Senior Investor Relations Manager, China Shen Zhou
Mining & Resources, Inc. at +86-10-8890-6927 or investor@chinaszky.com; Or in
the U.S.: David Elias, Investor Relations, DME Capital LLC at +1-516-967-0205
or dave@dmecapital.com, for China Shen Zhou