SEATTLE, July 20 /PRNewswire-FirstCall/ -- L & L International Holdings, Inc. (OTC Bulletin Board: LLFH) ("L&L"), a U.S.-based company operating coal businesses in China, announced today that it has entered into a Memorandum of Understanding (MOU) with GuiZhou Province PingGuan Town PingYi Coal Mine to start discussions on an acquisition of Ping Yi Coal Mine; a profitable, operating coal mine of 150,000 tons of annual production and 31 million tons of proven coal reserves, located in PingGuan Town, GuiZhou Province of China ( the "Mine"). Operating since 2007, the Mine is located approximately 60 miles from L&L's existing operations area in China.

The merger discussion, part of L&L's expansion plan, is anticipated to be completed in and around December of 2009, and will enable L&L to better serve the growing demand for coal and energy supply in China. Upon completion of the merger, the Mine would add an additional, estimated $19 million in revenue to L&L in one year, using $130 per ton as an average coal price.

Mr. Hu Se-Way, President of the Ping Yi Coal Mine, stated: "We are excited to work with L&L on the possible merge to enhance our mining efficiency and profits."

Dickson Lee, President and CEO of L & L, said: "Through the introduction of Tony Li, President of L&L's KMC subsidiary, we are working together with the Mine to combine our coal mining resources and profits. We are looking forward to cementing this very productive relationship with the Ping Yi Coal Mine and will communicate more details as the merger approaches."

About L & L International Holdings

Founded in 1995 and headquartered in Seattle, Washington, L & L International Holdings was formed to serve the vast energy market in China. L & L International holds and operates two profitable coal mines, and wholesale facilities in the coal-rich Yunnan Province of China through its subsidiaries, KunMing Coal (KMC) and L&L Coal. For more information, please visit the Company's website at http://www.lnlinternational.com.

Forward-Looking Statements

The statements contained in this document that are not statements of historical fact, including but not limited to, statements using terms such as "anticipate," "believe," "estimate," "expect," "plan," "could," "should," and other expressions, including statements related to market trends and Company's future performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. The actual results of the events described in the forward-looking statements could differ materially from due to numerous factors identified in filings made by with the Securities and Exchange Commission. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

    Contact:

    At the Company:
    Maila Rivad
    L&L International Holdings, Inc.
    (206) 264-8065
    www.lnlinternational.com

    Investor Relations:

    RedChip Companies, Inc.
    Dave Gentry
    (800) 733-2447, Ext. 104
    info@redchip.com

SOURCE L&L International Holdings, Inc.