AutoChina International Announces Receipt of Nasdaq Notification Letter

AutoChina International Limited AUTC today announced that on July 15, 2011, the Company received a written notification from the Nasdaq Stock Market stating that it is not in compliance with the filing requirements for continued listing under Nasdaq Marketplace Rule 5250(c)(1). The Nasdaq notification, which the Company expected, was issued in accordance with standard Nasdaq procedures due to the Company not filing its Annual Report on Form 20-F for the year ended December 31, 2010 with the U.S. Securities and Exchange Commission within the required time period.