Judge Grants L&L's Motion to Dismiss in Class Action Suit

          Judge Grants L&L's Motion to Dismiss in Class Action Suit

PR Newswire

SEATTLE, Dec. 4, 2012

SEATTLE, Dec. 4, 2012 /PRNewswire/ --L&L Energy, Inc. (NASDAQ: "LLEN") ("L&L"
or "Company"), a Seattle-based company with a track record of profitable coal
operations in China, announced on Monday that the United States District
Court, Western District of Washington ("the Court") at Seattle granted the
Company's motion to dismiss the class action lawsuit (Mills vs. L&L Energy,
Inc., Case No. C11-1423RSL) filed against L&L and several of its officers and
directors.

The lawsuit was based on internet reports published by short sellers. L&L
denied the accusations contained in these reports. In the lawsuit, L&L and
the other defendants filed a motion with the court to dismiss the plaintiffs'
complaint, which was granted on the grounds that the plaintiffs failed to
adequately allege a violation of federal securities law. While the plaintiffs
may seek the court's permission to file an amended complaint, the following
comments from the judge were favorable to L&L:

"The record suggests that the plaintiff does not have the necessary evidence
of intentional falsehood and loss causation: he has already had two
opportunities to amend the complaint and some of the deficiencies identified
in this order have been apparent from the outset. The court is loath to grant
leave to amend where the particulars of the amendment are unknown and the
existing record suggests futility."

L&L's Chairman and CEO, Dickson Lee commented, "We are very pleased with the
court's favorable ruling supporting L&L's motion to dismiss. I congratulate
management's discipline to fight the false accusations while remaining focused
on growing the company and shareholder value. I believe that L&L is better
positioned andis to becoming a leader in the coal sector of a growing Chinese
economy."

Contacts:
L&L Energy Inc.
(206)-264-8065
ir@llenergyinc.com

Forward Looking Statements

The statements containing words that are not historical fact, including
statements related to Company's future performance,are all "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995, and that involvea number uncertainties. Actual results of the future
events described in this document could differ materially. Other than
asrequired under the securities laws, the Company does not assume a duty to
update these forward-looking statements.

SOURCE L & L Energy, Inc.

Website: http://www.lnlinternational.com