L & L Energy, Inc. (Nasdaq:LLEN) a U.S.-based company operating coal businesses in China, announced that it has received a written letter of endorsement from the Industrial and Commercial Bank of China ( "ICBC", or the "Bank") on September 22, 2011. The letter states that the Corporate Banking Department of the Bank's Guizhou Province Branch, after study and diligence of L&L's strategic plan and business model, is willing to support the Company's plan of consolidation and expansion of existing coal operations. ICBC, the largest bank of the "big-4" commercial banks in China, with total assets in excess of USD $1.9 trillion as of 2010, reviewed L&L's strategic consolidation plan over the course of several recent joint meetings and has issued the letter to the Company expressing its intent to assist L&L's mining expansion and to support the Company's overall competitive corporate growth within China.

L&L Energy, Inc., through its subsidiaries, engages in the coal mining, clean coal washing, coal coking, and coal wholesaling businesses in the People’s Republic of China.

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