Recon Technology Returns to Compliance with All Nasdaq Listing Rules

Recon Technology, Ltd

announced today that it received a letter from Nasdaq OMX Group on April 2, 2012 regarding its return to compliance with Nasdaq Marketplace Rule 5550(a)(2). The letter notified the Company that, because the Company's closing bid price exceeded $1.00 per ordinary share for 10 consecutive trading days, from March 19, 2012 through March 30, 2012, Nasdaq determined that the Company regained compliance with listing Rule 5550(a)(2). Accordingly, this matter was closed. Upon returning to compliance with Rule 5550(a)(2), no other notice of noncompliance remained outstanding for the Company. Accordingly, the Company now complies with all NASDAQ continued listing rules.