Andatee China Marine Fuel Services Corporation Approves Share Repurchase Plan

Andatee China Marine Fuel Services Corporation (Nasdaq:

) today announced that its Board of Directors approved and adopted a share repurchase plan. The Company plan authorizes a buyback of the Company's common stock up to a value of $0.5 million. The plan is valid through October 2011. Andatee may repurchase shares of its common stock from time to time on the open market or in privately negotiated transactions.