Earnings Recap: L & L International Holdings Announces Third Quarter Results

Third Quarter Operating Results - Excluding Revenue from LEK

Three months' revenue reached $9.9 million for the quarter ended on January 31, 2009. The amount only represents its continuing coal operations, excluding revenue from the LEK air compressor operations which was spin-off recently. $9.9 million represents an 80% sales increase from the same period of 2008.

Net income for the three months reached $2.03 million, or approximately $0.10 per share. The amount represents a 211% increase as compared to same quarter of 2008. Strong growth in net income is attributable to increased sales of coal operations in China.

Nine Months Operating Results - Excluding Revenue from LEK

For the nine months ended January 31, 2009, the Company reported revenue of $30.9 million from its continuing coal operations, excluding revenue of LEK air compressor spin-off. Net income for the nine months increased 581% to $7.36 million, or $0.34 per share.

The Company CEO, Dickson Lee, commented: 'I am pleased with earnings and revenue growth, despite we charged a loss of $382,961 for the disposal of LEK operations. The Company focuses on the coal (energy) business; I expect a strong performance in 2009.'

For information on L&L

Visit the Company's website at www.lnlinternational.com for the 3Q financials filing link, or call (206) 264-8065.

Forward-Looking Statements

This press release may contain forward-looking information, intended to be covered by the Safe Harbor for forward-looking statements provided by the securities laws. Forward-looking statements include words such as 'expect,' 'may,' or 'intend,' and include discussions of strategy, and L&L's future performance. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

SOURCE L&L International Holdings, Inc.