LJ International Announces Delay in Earnings Announcement Pending Audit Completion

LJ International Inc.

announced today that it will postpone its fourth quarter and full year 2011 earnings announcement on April 30, 2012, in order to allow sufficient time to ensure the completion of the year-end audit of the Company's consolidated financial statements. The Company originally scheduled its release for April 16, 2012, before the US market opens. The Company now expects its year-end audit to be completed by April 30, 2012, which will still be within the filing timeline.