China Carbon Receives Initial $5 Million PO From Tianrui Group

NEW YORK, June 29, 2009 (GLOBE NEWSWIRE) -- China Carbon Graphite Group, Inc.
(OTCBB:CHGI), one of China's largest producers and wholesale suppliers of fine
grain and high purity graphite, announced today that it has received a purchase
order for approximately US$5 million for large size graphite electrodes from
Tianrui Group, the largest rail freight car trucks casting company in the world.
China Carbon will ship graphite electrodes pursuant to this order at 100 to 150
metric tons per month starting in September 2009, and continuing for the next
twenty-four months. The Company estimates that its gross margin for graphite
electrodes will be approximately 19%.

Tianrui Group, known for its leading-edge casting technology, is one of China
Carbon's established industrial clients. This purchase order from Tianrui
confirms the high quality and high efficiency of China Carbon's graphite
electrodes products. The graphite electrodes will be primarily used in Tianrui's
foundry business.

"The PRC stimulus package will boost spending on infrastructure as well as
assist in the recovery of steel manufacturing in China," stated Donghai Yu, CEO
of the Company. "We expect that the effects of this stimulus package could
result in a substantial increase in order flow for the remainder of 2009."

About Tianrui Group

Founded in 1983 in Henan Province, Tianrui Group is an integrated enterprise
groups with 19 subsidiaries focusing on cement production and casting industry.
Its cement subsidiary, Tianrui Group Cement Co., Ltd., which is a three party
sino-foreign joint venture with American KKR Company and IFC, is one of the top
ten cement producers in China. Its casting subsidiary, Tianrui Group Foundry
Co., Ltd., is the largest freight car trucks casting company in the world. Its
freight car trucks casting business has more than 50% of domestic market share.
Tianrui Group diversifies in many other industries such as coal, aluminum and
tourism industries. Tianrui Group had sales revenue exceeding $1 billion in 2008
and employed more than 16,000 employees. For more information about Tianrui
Group, please visit http://www.tianruigroup.cn.

About China Carbon Graphite Group, Inc.

China Carbon is one of the nation's top three producers of specialty carbon and
graphite products. The Company, through its affiliate, Xingyong Carbon Co.,
Ltd., manufactures carbon- and graphite-based products in China. The company is
one of the nation's top overall producers of carbon and graphite products. Fine
grain graphite is widely used in smelting for colored metals and rare earth
metal smelting as well as the manufacture of molds. High purity graphite is used
in metallurgy, mechanical industry, aviation, electronic, atomic energy,
chemical industry, food industry and a variety of other fields. In September
2007, the Company was approved and designated by Ministry of Science &
Technology as a "National Hi-tech Enterprise." Of the 400 plus carbon graphite
producers in China, China Carbon is the only non-state-owned company to receive
this honor. For more information, visit http://www.chinacarboninc.com.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the
business of the Company and its subsidiary companies. These forward-looking
statements are often identified by the use of forward-looking terminology such
as "believes," "expects" or similar expressions. Such forward-looking statements
involve known and unknown risks and uncertainties that may cause actual results
to be materially different from those described herein as anticipated, believed,
estimated or expected. Investors should not place undue reliance on these
forward-looking statements, which speak only as of the date of this press
release.

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