Issue of Equity

20 May 2008

                       China CDM Exchange Centre Limited                       
                           ("CCEC" or "the Company)                            

                    Issue of Equity and Directorate Change                     

CCEC is pleased to announce that it has raised further new funds of US$20
million (GBP10 million) via the issue of 10,000,000 new Ordinary Shares of the
Company to DnB NOR Asset Management (Asia) Limited, the Hong Kong office of
Norway's largest provider of mutual funds and discretionary asset management.
The shares were issued at US$2.00 (GBP1) per share, valuing the business at
GBP115 million.

Founded in 2006 and traded on the UK's PLUS stock market since December 2006,
CCEC is an advisor to projects in Asia that have the potential to generate
carbon credits under the Clean Development Mechanism ("CDM"). The Company works
with projects to ensure that they meet the criteria under the CDM, then acts as
broker for the sale of the carbon credits to international buyers.

The Board also announces the resignation of Ms Lin Shunrong as Executive
Director with immediate effect and would like to thank her for her contribution
to the Company's development.

Mr Kang, CCEC Chief Executive, said:"The new capital will be used to expand our
operations. The new projects in the pipeline will contribute more profits for
the company and strengthen our presence in China as a leading player in Chinese
CDM market."

For further information visit the company's web site www.chinacdmex.com, or
contact:

Carol Chen                      John West/Andrew Dunn
London Asia Group               Tavistock Communications
Tel: [phone]             Tel: [phone]

About China CDM Exchange

Headquartered in Beijing, China, CCEC is a Jersey incorporated company
providing brokerage, advisory and research services relating to the reduction
of greenhouse gases in Asia. It works with businesses and projects that
generate carbon credits, and assists the project owner to identify buyers for
and sell on those carbon credits.

As well as providing advice to projects which generate carbon credits, CCEC
also acts as an emissions broker and maintains its own carbon trading
portfolio. It also manages an on-line platform for environmental commodity
transactions in China.