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“Gushan Environmental Energy Limited Begins Construction of Production Plants in Chongqing and Hunan

NEW YORK, April 28 /PRNewswire-FirstCall/ — Gushan Environmental
Energy Limited (”Gushan”; NYSE: GU), China’s largest producer of biodiesel
as measured by annual production capacity, today announced that it has
commenced construction of new biodiesel production plants at its Chongqing
and Hunan sites. Gushan expects that both plants will commence production
in the fourth quarter of 2008. The Chongqing and Hunan plants are expected
to add an aggregate of 60,000 tons (or 30,000 tons each) to Gushan’s annual
biodiesel production capacity.

Jianqiu Yu, Chairman of Gushan, said, “We are very proud of our ability
to execute our business plans and are pleased to confirm that our 2008
capacity expansion plan remains on track. Our commencement of construction
of our Chongqing and Hunan plants, together with our targeted commencement
of biodiesel production at our Shanghai plant in June 2008 and our targeted
increase in capacity at our Beijing plant in the fourth quarter of this
year, keep us on schedule to reach our capacity goal of 400,000 tons by the
end of 2008. Furthermore, we are also pleased to report that our Beijing
plant, which commenced production in late January 2008, has been operating
at full capacity since the beginning of March 2008.”

“Although we are aware of another operator in the PRC biodiesel sector
recently reporting material adverse changes in its operating conditions, we
have not experienced similar changes in our operating conditions. The
underlying trends in both our raw materials costs and selling prices for
our products remain the same as we have previously reported in our public
filings and in our conference call with investors for our 2007 year end
results in March 2008,” said Mr. Yu.

Gushan expects to release the financial results for its 2008 first
fiscal quarter ended March 31, 2008 in the middle of May 2008.

About Gushan Environmental Energy Limited

Gushan Environmental Energy is China’s largest producer of biodiesel,
as measured by annual production capacity. The company produces biodiesel,
a renewable, clean-burning and biodegradable fuel, primarily from vegetable
oil offal and used cooking oil, and by-products from biodiesel production,
including glycerine, plant asphalt, erucic acid and erucic amide. Gushan
sells biodiesel directly to users, such as marine vessel operators, as well
as to petroleum wholesalers and individual retail gas stations. The company
currently operates four production facilities in Sichuan, Hebei, Fujian
provinces and Beijing with a combined annual production capacity of 240,000
tons, or approximately 72 million gallons. The company targets to increase
its annual production capacity to 400,000 tons, or approximately 120
million gallons by the end of 2008 with the expansion or addition of new
production facilities in Beijing, Shanghai, Hunan and Chongqing.

Safe Harbor Statement

This press release contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be identified by
words such as “will,” “may,” “expect,” “anticipate,” “aim,” “target,”
“intend,” “plan,” “believe,” “estimate,” “potential,” “continue,” and other
similar statements. Statements other than statements of historical facts in
this announcement are forward-looking statements, including but not limited
to, our expectations regarding the expansion of our production capacities,
our future business development, and our beliefs regarding our production
output. These forward-looking statements involve known and unknown risks”

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