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China Shen Zhou Mining & Resources, Inc. CEO to Attend the Executive Board Conference of the China Fluorite Industry Association

October 29, 2008

BEIJING, Oct. 29 /Xinhua-PRNewswire-FirstCall/ — China Shen Zhou Mining & Resources, Inc. (“Shen Zhou”, or “the Company”), a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that Ms. Jessica Yu, Chairwoman and CEO of the company, will attend the Executive Board Conference of the China Fluorite Industry Association(“Association”) from October 31 to November 1, 2008, in Kunming, Yunnan Province.

Ms. Yu is the current Vice President of the China Fluorite Industry Association. In the Conference, members of the Association will discuss in-depth such topics as: policies on the development and management of fluorite resources by the Chinese Authorities; update the domestic fluorite supply and demand situation in China; coordinative development between the fluorite industry and fluorite chemical industry etc. Elections will be taking place to form the 4th Executive Board for the China Flourite Industry Association for the offices of President, Vice president and members of the Association.

About China Shen Zhou Mining & Resources, Inc.

China Shen Zhou Mining & Resources, Inc., through its subsidiary, American Federal Mining Group (“AFMG”), is engaged in the exploration, development, mining, and processing of fluorite and nonferrous metals such as zinc, lead and copper in China. The Company has the following principal areas of interest in China: (a) fluorite extraction and processing in the Sumochaganaobao region of Inner Mongolia; (b) zinc/copper/lead exploration, mining and processing in Wulatehouqi of Inner Mongolia; and (c) zinc/copper exploration, mining and processing in Xinjiang. In addition, AFMG owns 100% of Kichi-Chaarat Closed Joint Stock Company, whose major assets include a copper-gold mine located in the Kuru-Tegerek region of western Kyrgyzstan.

   For more information, please visit http://www.chinaszmg.com/ .    Safe Harbor Statement  

Certain of the statements made in the press release constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward- looking terminology such as “believe,”"expect,”"may,”"will,”"should,”"project,”"plan,”"seek,”"intend,” or “anticipate” or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in the People’s Republic of China, variations in cash flow, fluctuation in mineral prices, risks associated with exploration and mining operations, and the potential of securing additional mineral resources, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.

   For more information, please contact:    In China:    Sterling Song    Senior Investor Relations Manager    China Shen Zhou Mining & Resources, Inc.    Tel:   +86-10-6887-2811    Email: investor@chinaszky.com    Web:   http://www.chinaszmg.com/    In the U.S.:    David Elias    Investor Relations    DME Capital LLC    Tel:   +1-516-967-0205    Email: dave@dmecapital.com  

China Shen Zhou Mining & Resources, Inc.

CONTACT: Sterling Song, Senior Investor Relations Manager, China ShenZhou Mining & Resources, Inc., +86-10-6887-2811, investor@chinaszky.com andDavid Elias, Investor Relations, DME Capital LLC, +1-516-967-0205,dave@dmecapital.com for China Shen Zhou Mining & Resources, Inc.




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