DEERFIELD BEACH, Fla., April 14 /PRNewswire-FirstCall/ -- China Direct, Inc. (NASDAQ:CDS), a U.S. company that owns controlling stakes in a diversified portfolio of Chinese entities and assists Chinese businesses in accessing the U.S. capital markets, announced that as of the opening of trading today, April 14, 2008, its common shares are now listed on the NASDAQ Global Market under the symbol CDS. China Direct's common shares were previously traded on the American Stock Exchange under the same symbol. Management members from both China and the U.S. will ring the NASDAQ Stock Market Opening Bellat NASDAQ MarketSite, 4 Times Square (43rd & Broadway), Broadcast Studio on Monday, May 12, 2008 at 9:30 a.m. ET. About NASDAQ Nasdaq(R) is the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, its systems trade more shares per day than any other U.S. market. NASDAQ is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. For more information about NASDAQ, visit the NASDAQ web site at http://www.nasdaq.com/ or the NASDAQ Newsroom(SM) at http://www.nasdaq.com/newsroom. About China Direct, Inc. China Direct, Inc. (NASDAQ:CDS) is a diversified management and advisory services organization headquartered in the U.S. Our management services division acquires a controlling interest in entities operating in China. Our ownership control enables China Direct to provide management advice, as well as financing to Chinese entities. This infrastructure creates a platform to expand business opportunities globally while effectively and efficiently accessing the U.S. capital markets. Our advisory services division provides comprehensive advisory and consulting services to Chinese entities seeking to access the U.S. capital markets. As a direct link to China, China Direct serves as a vehicle allowing investors to directly participate in the rapid growth of the Chinese economy in a diversified and balanced manner. For more information about China Direct, please visit http://www.chinadirectinc.com/ . Safe Harbor Statement This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward- looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and, condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, but not limited to, the impact of competitive products, pricing and new technology; changes in consumer preferences and tastes; and effectiveness of marketing; changes in laws and regulations; fluctuations in costs of production, and other factors as those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. DATASOURCE: China Direct, Inc. CONTACT: Investor Relations, Alan Sheinwald of HC International, Inc. for China Direct, Inc., +1-914-669-0222, ; or Richard Galterio, Executive Vice President of China Direct, Inc., +1-877- China-57, Web site: http://www.chinadirectinc.com/ http://www.nasdaq.com/ http://www.nasdaq.com/newsroom

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