Puda Coal Audit Committee Announces Interim Findings for Its Internal Investigation

The Audit Committee of Puda Coal (

) today announced certain interim findings of its internal investigation, which was launched in response to allegations raised in an article published online by Alfred Little, a short seller of the Company's stock, on April 8, 2011. The summary interim findings of the Audit Committee were disclosed in a current report on Form 8-K filed by the Company with the U.S. Securities and Exchange Commission on September 1, 2011.