L&L International Announces Definitive Agreement to Acquire Hon Shen Coking Operations

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Thu Oct 29, 2009 6:00am EDT

L&L International Announces Definitive Agreement to Acquire Hon Shen Coking
Operations
Expects to add approximately $18 million in additional revenue to L&L in one
year




SEATTLE, Oct. 29 /PRNewswire-FirstCall/ -- L & L International Holdings, Inc.
(OTC Bulletin Board: LLFH) ("L&L"), a U.S.-based company operating coal
businesses in China, announced today that it has executed an agreement with
Hon Shen Coal Company Ltd. ("Hon Shen"), located in Yunnan Province, China, to
acquire a 93% interest in Hon Shen coking facilities and an additional 28%
interest in the Hon Shen coal-washing facilities for a purchase price of $8.18
million consisting of a combination of cash and shares of the Company's common
stock.  Through the agreement, L&L 1) increases its controlling interest in
Hon Shen coal washing facilities from 65% to 93%; and 2) acquires a 93%
controlling interest in Hon Shen's coking facilities. The acquisition was
effective October 23, 2009; contingent upon government approval.

Hon Shen's coal washing facilities share a combined annual coal washing
capacity of 300,000 tons:  a 210,000-ton coal washing plant and an existing
90,000-ton plant. 

Hon Shen's coking facilities have a combined annual production capacity of
150,000 tons, and will add approximately $18 million in additional revenue to
L&L in one year, using $150 per ton of coking coal as a basis (based on
120,000 tons).  

Dickson Lee, Chairman and CEO of L&L, stated:  "These latest acquisitions are
a continuance of our planned expansions for fiscal year 2010. We are excited
to expand our relationship with Hon Shen as we work to improve production,
operational efficiency, and environmental and safety standards at the Hon Shen
facilities. The planned acquisitions will further our goal of becoming a
vertically integrated energy company serving China's high demand for energy
and coal."

About L&L International Holdings

Founded in 1995 and headquartered in Seattle, Washington, L&L serves the vast
energy market in China. For more information, please visit Company's website
at http://www.lnlinternational.com.

Forward-Looking Statements

The statements contained in this document that are not statements of
historical fact, including but not limited to, statements using terms such as
"anticipate," "estimate," "expect", "plan," "could," and other expressions,
including statements related to market trends and Company's future
performance, are all "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 and involve a number of risks
and uncertainties. The actual results of the future events described in the
forward-looking statements in this document could differ materially from those
stated due to numerous factors identified in SEC filings made by the Company.
Other than as required under the securities laws, the Company does not assume
a duty to update these forward-looking statements.

    Contact:

    Investor Relations:
    RedChip Companies, Inc.
    Dave Gentry
    (800) 733-2447, Ext. 104
    info@redchip.com



SOURCE  L & L International Holdings, Inc.

Dave Gentry, Investor Relations, RedChip Companies, Inc., 1-800-733-2447, Ext.
104, info@redchip.com, for L & L International Holdings, Inc.
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