China North East Petroleum Announces Annual Shareholders Meeting

（By freelance Chinese translator li – based in Harbin，China – English to Chinese translation or Chinese to English translation services - website localization）

HARBIN, China and NEW YORK, Aug 19, 2008 /Xinhua-PRNewswire（新华美通）-FirstCall（是由Thomson Financial提供的业内最全面的实时经纪行研究资料） via COMTEX（Comtex 新闻传输网）/ ----China North East Petroleum Holdings Limited (the "Company") (OTC Bulletin Board（互易中国网）: CNEH), an oil producing company in Northern China, today announced that it has scheduled its annual shareholder meeting（年度股东大会） to be held on Tuesday, September 2, 2008 at 10:00 AM local time. The meeting will be held at the corporate offices of the Company at Foster Mansion（福斯特大厦）, 85 Pu Jiang Road（浦江路）, Suite 1413, Nang Gang（南岗区）, Harbin（哈尔滨）, China 150010.

The proxy statement（股东签署的委托书） announcing the meeting, and the matters to be discussed（会议议题） and voted upon at the meeting can be found at http://sec.gov/Archives/edgar/data/787251/000121465908001766/f8482def14a.htm .