Market Overview

Tianli Announces Change of Auditor

Tianli Agritech, Inc. (NASDAQ: OINK) announced that based on the recommendation of its Audit Committee, it has appointed Sherb & Co., LLP as the auditor of the Company. At the request of the Company, Crowe Horwath CPA Limited resigned as the auditor of the Company. Sherb will perform the audit of the Company's annual financial statements for the year ending December 31, 2011.

In connection with Tianli's initial public offering Sherb audited Tianli's financial statements for fiscal years 2008 and 2009. Subsequent to the IPO Sherb audited Tianli's financial statements for fiscal year 2010. Crowe Horwath reviewed Tianli's financial statements for the second and third quarters of 2011 and during the course of its work found nothing that required revisions to Tianli's prior financial statements.

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