China Infrastructure Investment Reports Lower 2009 Third Quarter and Nine Months Results

BEIJING, May 18 (MARKET WIRE) --
China Infrastructure Investment Corporation (NASDAQ: CIIC) which operates
the Pingling Expressway in Henan Province in central China today reported
results for its third quarter and nine months ended March 31, 2009.

The Company said revenues in its 2009 third quarter declined 12% to
$10,234,820 compared with $11,630,749 in the year earlier period, while
net income in the 2009 quarter was $1,248,235, a 31.6% decline from
$1,823,863 in the year earlier period. EPS in the 2009 third quarter was
$0.02 on 80,000,000 weighted average shares outstanding compared with
$0.03 on 69,560,440 weighted average shares in the third quarter of 2008.
Revenues in the first nine months of 2009 were $37,779,524, down 6.7% from
$40,509,496 in the same period in 2008, while net income through the first
nine months of 2009 decreased approximately $3.5 million or 42.1% to
$4,847,387 from $8,370,026 in the first nine months of 2008.

The Company said a key reason for the revenue declines in the 2009 third
quarter and nine month results was a decrease in commercial traffic on the
Pingling Expressway, primarily as a consequence of reduced coal transport
activity resulting from the worldwide recession. Additionally, in 2009 the
Chinese government initiated a toll free policy for commercial vehicles
carrying certain food products in order to reduce food costs.

Net income in the quarter and nine month periods was lower due to the
decrease in revenues and increased general and administrative expense in
both periods.

Mr. Li Xipeng, Chairman and CEO of the Company commented, "We remain
focused on optimizing results with a belief that a pick up in economic
activity will increase traffic on the roadway over time. There also are
additional infrastructure development opportunities we continue to explore
in an environment where the need for further development is well
recognized."

About China Infrastructure Investment Corporation:

China Infrastructure Investment Corporation, incorporated in Nevada, USA
and headquartered in Henan Province, China, focuses on investing in,
constructing, operating and managing infrastructure development projects
in China. The Company currently operates the Pingling Expressway, a
106-kilometer (66 miles) dual carriageway four-lane toll road in the
central province of Henan. The Expressway is an important passage from the
northwest region to the southeast coastal region of China. The Company is
actively pursuing additional development opportunities in infrastructure
projects, including expressways, electricity, water supply and bio fuel
facilities. For more information, please visit www.ciicusa.com.

"Safe Harbor" statement under the Private Securities Litigation Reform Act
of 1995:

This news release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are based on current expectations or beliefs,
including, but not limited to, statements concerning the Company's
operations, financial performance and condition. For this purpose,
statements that are not statements of historical fact may be deemed to be
forward-looking statements. The Company cautions that these statements by
their nature involve risks and uncertainties, and actual results may
differ materially depending on a variety of important factors, including,
but not limited to, the impact of alternative new routes and modes of
transportation, pricing and new technology; changes in consumer
preferences, and effectiveness of marketing; changes in laws and
regulations; fluctuations in costs of maintenance and construction, and
other factors such as those discussed in the Company's reports filed with
the Securities and Exchange Commission. In addition, the Company
disclaims any obligation to update any forward-looking statements to
reflect events or circumstances after the date hereof.

No securities regulatory authority has either approved or disapproved the
contents of this news release.

CHINA INFRASTRUCTURE INVESTMENT CORPORATION
(FORMERLY LEARNING QUEST TECHNOLOGIES, INC.) AND SUBSIDIARIES
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(UNAUDITED)

Three Months Ended Nine Months Ended
March 31, March 31,
--------------------------- ---------------------------
2009 2008 2009 2008
------------- ------------- ------------- -------------

REVENUES $ 10,234,820 $ 11,630,749 $ 37,779,524 $ 40,509,496

OPERATING COSTS 584,314 830,977 4,259,217 4,012,823

DEPRECIATION AND
AMORTIZATION 1,588,909 1,758,334 5,489,104 5,121,538
------------- ------------- ------------- -------------

GROSS PROFIT 8,061,597 9,041,438 28,031,203 31,375,135

General and
administrative
expenses 1,442,137 825,983 4,288,648 3,211,241

OTHER INCOME
(EXPENSES)

Interest expense,
net (5,167,369) (6,061,743) (17,829,695) (17,677,618)

Other income, net 225,553 290,200 667,024 679,216
------------- ------------- ------------- -------------

INCOME BEFORE
INCOME TAXES 1,677,644 2,443,912 6,579,884 11,165,492

INCOME TAX EXPENSE (429,409) (620,049) (1,732,497) (2,795,466)
------------- ------------- ------------- -------------

NET INCOME 1,248,235 1,823,863 4,847,387 8,370,026
------------- ------------- ------------- -------------

OTHER COMPREHENSIVE
INCOME

Foreign currency
translation gain 221,361 6,421,839 679,607 12,799,998
------------- ------------- ------------- -------------

COMPREHENSIVE
INCOME $ 1,469,596 $ 8,245,702 $ 5,526,994 $ 21,170,024
============= ============= ============= =============

WEIGHTED AVERAGE
SHARES
OUTSTANDING,
BASIC AND
DILUTED 80,000,000 69,560,440 80,000,000 59,818,182
============= ============= ============= =============

NET INCOME PER
COMMON SHARE,
BASIC AND DILUTED $ 0.02 $ 0.03 $ 0.06 $ 0.14
============= ============= ============= =============

Contacts:

Mr. Wang Feng
Corporate Secretary
Pinglin Expressway Headquarters
New District, Pingdingshan
Henan Province, P.R. China 467000
Tel:86-371-68261551
Fax:86-371-68261839
http://www.ciicusa.com
wangfeng@ciicusa.com

Liya Wu
Tel: 646-573-7654
Fax: 905-755-9434
Email: lwu@mccgroupusa.com

Ken Donenfeld
DGI Investor Relations
212-425-5700
Email: donfgroup@aol.com
Email: kdonenfeld@dgiir.com

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