AutoChina International Limited (“AutoChina” or the “Company”) (NASDAQ: AUTC, AUTCW, AUTCU), a leading one-stop commercial vehicle sales and leasing company in China offering its customers affordable lease-to-own options, today announced it has been invited by NASDAQ to ring the closing bell at 4:00 PM ET on Thursday, December 3, 2009.

AutoChina commenced trading on the Nasdaq Capital Market on October 5, 2009, and this is the first time the Company has been invited to ring the closing bell.

Mr. Yong Hui Li, Chairman and CEO of AutoChina, stated, “We are delighted to be invited to ring the closing bell at NASDAQ. AutoChina’s transition to a national exchange in October marked a very important milestone for our Company. We are constantly striving to foster shareholder value and feel that the move to a prominent global exchange is a pivotal step in this process. We are also delighted to be invited to ring the closing bell during a period when the world has been increasingly focused on the growing economy of China. We believe that trading on NASDAQ has and will continue to improve our visibility within the investment community and we look forward to our future with confidence.”

Webcast

A live webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/about/marketsitetowervideo.asx

Photos

To obtain a high-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About AutoChina International Limited:

AutoChina International Limited is a leading one-stop commercial auto financing and sales company in China. AutoChina’s operating subsidiary was founded in 2005 by nationally recognized Chairman and CEO, Yong Hui Li. The Company’s website is http://www.autochinaintl.com.

Safe Harbor Statement:

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about the Company. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of the Company's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The following factors, among others, could cause actual results to meaningfully differ from those set forth in the forward-looking statements:

  • Continued compliance with government regulations;
  • Changing legislation or regulatory environments;
  • Requirements or changes affecting the businesses in which the Company is engaged;
  • Industry trends, including factors affecting supply and demand;
  • Labor and personnel relations;
  • Credit risks affecting the Company's revenue and profitability;
  • Changes in the automobile industry;
  • The Company’s ability to effectively manage its growth, including implementing effective controls and procedures and attracting and retaining key management and personnel;
  • Changing interpretations of generally accepted accounting principles;
  • Whether the transaction to sell the automobile dealership business is consummated;
  • General economic conditions; and
  • Other relevant risks detailed in the Company’s filings with the Securities and Exchange Commission.

The information set forth herein should be read in light of such risks. The Company does not assume any obligation to update the information contained in this press release.

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