L&L on Track for Taiwan TDR Issuance

                     L&L on Track for Taiwan TDR Issuance

PR Newswire

SEATTLE, Aug. 5, 2013

SEATTLE, Aug. 5, 2013 /PRNewswire/ -- L & L Energy, Inc. (NASDAQ: "LLEN")
("L&L" or the "Company"), a U.S.-based company with profitable energy (coal)
operations in China, announced today thatits Taiwan Depository Receipt
issuance ("TDR") is moving forward on schedule.The TDR isto providecapital
forL&L's growth, and inmanagement's view,will be accretive to shareholders.

Last week,L&L helda joint kick-off meetingin Taiwan to discuss strategy and
ensure a coordinatedTDR effortamongits underwriter, Taishin Securities
("Taishin"), its auditor, KPMG (Taiwan), and its legal advisor, ChiehYeh Law
Firm, a prestigious Taiwan firm. Following the kick off meeting,Taishin has
begun analyzing theCompany's energy market and customer portfolios, while
KPMGis conductingits final independent review of the Company's audited
financial statements ended April 30, 2013. KPMG hasissued its unqualified
opinions and endorsed L&L's 2012 and 2011financial statements. The current
timetablecalls forclearingaprospectus and completing theTDR placementby
the end of calendar 2013.

L&LChairman and CEO Dickson Lee commented, "I ampleased with the
TDRprogress. As part of our due diligence Taishin brought to our attention
that companies listed on the Taiwan Stock Exchange generally issue cash
dividends each year. IfL&L adoptsTaishin's advice toissuean annual cash
dividend,we are optimistic that the TDR could benefit allUS shareholders. We
will considerTaishin's advice as we move this project forward."

Forward Looking Statements

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

L&LEnergy Inc.

SOURCE L & L Energy, Inc.

Website: http://www.llenergyinc.com
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