Gushan Environmental Energy Limited Announces Date of Second Quarter 2009 Results Release and Conference Call with Investors

NEW YORK, Aug. 5 /PRNewswire-FirstCall/ -- Gushan Environmental Energy Limited ("Gushan" or the "Company"; NYSE: GU) announces that it will submit its unaudited second quarter 2009 financial results on Form 6-K to the U.S. Securities and Exchange Commission on Wednesday, August 12, 2009, to be followed by a conference call on the same day at 8:30 a.m. Eastern Daylight Time (or 8:30 p.m. Hong Kong Time) to discuss the Company's second quarter financial results ended June 30, 2009.

To join the conference call, please use the dial-in details below:

    US Toll Free Number                                  1.866.578.5801
    US Toll Number: (for international callers)          1.617.213.8058
    Hong Kong Toll Number                                852.3002.1672
    Hong Kong Toll Free Number                           800.96.3844
    China Toll Free Number                               10.800.130.0399
    UK Toll Free Number                                  00.800.280.02002
    UK Toll Number (for international callers)           44.207.365.8426
    Passcode:                                            44622594

An audio webcast will also be available at http://www.chinagushan.com.

A replay of the call will be available on the same day at 10:30 a.m. Eastern Daylight Time (or 10:30 p.m. Hong Kong Time) until August 19, 2009. To listen to the replay, please use the dial in details below:

    US Toll Free Number:                                 1.888.286.8010
    US Toll Number: (for international callers)          1.617.801.6888
    Passcode:                                            46749543

About Gushan Environmental Energy Limited

Gushan is a leader in the PRC biodiesel industry, in terms of annual production capacity, and one of the leading biodiesel producers in Asia, in terms of nominal capacity. The company produces biodiesel, a renewable, clean-burning and biodegradable fuel, primarily from vegetable oil offal and used cooking oil, and by-products from biodiesel production, including glycerine, plant asphalt, erucic acid and erucic amide. Gushan sells biodiesel directly to users, such as marine vessel operators, as well as to petroleum wholesalers and individual retail gas stations. The company currently operates five production facilities in the Sichuan, Hebei, Fujian provinces and Beijing and Shanghai with a combined annual production capacity of 340,000 tons.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words such as "will," "may," "expect," "anticipate," "aim," "target," "intend," "plan," "believe," "estimate," "potential," "continue," and other similar statements. Statements other than statements of historical facts in this announcement are forward-looking statements, including but not limited to, our expectations regarding the expansion of our production capacities, our future business development, and our beliefs regarding our production output. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Important risks and uncertainties that could cause the Company's actual results to be materially different from expectations include but are not limited to the effect of any applicable government policy, law or regulation, of natural disasters, and of intensifying competition in the biodiesel and alternative energy industries, the availability of suitable raw materials to the Company, and the risks set forth in the Company's filings with the U.S. Securities and Exchange Commission, including on Form 20-F, as amended. The Company undertakes no obligation to update forward-looking statements, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

    For further information, please contact:

    US
    Elizabeth Cheek
    Hill & Knowlton (New York)
    Tel: (1) 212 885 0682
    Email: Elizabeth.cheek@hillandknowlton.com

    Asia
    Rico Ngai
    Hill & Knowlton (Hong Kong)
    Tel: (852) 2894 6204
    Email: Rico.ngai@hillandknowlton.com.hk

SOURCE Gushan Environmental Energy Limited