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China Housing Reduces Debt Obligations By Approximately $10 Million

Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Actual performance results may vary significantly from expectations and projections. Further information regarding this and other risk factors are contained in China Housing's public filings with the U.S. Securities and Exchange Commission. All information provided in this news release and in any attachments are as of the date of the release, and the companies do not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

China Housing contacts

Mr. Cangsang Huang

Chief Financial Officer

+86 29 8258 2648 in Xi'an

chuang@chldinc.com

Ms. Jing Lu

Chief Operating Officer, Board Secretary, and Investor Relations Officer

+86 29.8258.2639 in Xi'an

jinglu@chldinc.com

Mr. Shuai Luo

Investor Relations

+86 29.8258.2632 in Xi'an

laurentluo@chldinc.com

Mr. Bill Zima, ICR

+1 203.682.8200 in United States

William.Zima@icrinc.com

Ms. Annie Chen, ICR

+86 10.6599.7966 in Beijing

Annie.Chen@icrinc.com

SOURCE China Housing & Land Development, Inc.

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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