SHANGHAI, China, Aug. 15 /PRNewswire-FirstCall/ -- China Shoe Holdings, Inc. (OTC:CHSH) (BULLETIN BOARD: CHSH) ("the Company" or "China Shoe"), an independent footwear manufacturer in China, today announced financial results for its second quarter ended June 30, 2007. Revenue for the second quarter totaled $1.95 million, an increase of 52.3% compared to $1.28 million for the three months ended June 30, 2006. The Company reported net income of $196k, an increase of 485% compared to $33.5k for the three months ended June 30, 2006. China Shoe has previously announced its plan to open retail stores in the near future. Mr. Gu Xianzhong, the President and CEO of the Company stated, "We are pleased to announce the 2Q result that reflects our growth for the past successive quarters, and we fully expect the continued growth in the future. With the solid foundation, we are also confident that China Shoe is poised to successfully enter the PRC retail market." About China Shoe Holdings, Inc. Based in Shanghai, China, China Shoe manufactures, designs and sells private label and its own branded footwear throughout China and in overseas markets, principally Japan. China Shoe has its own manufacturing facilities located in China. China Shoe has built a diversified customer base throughout China and overseas. To learn more about the Company, please visit http://www.shoeses.net/ and http://www.chinashoeholdings.com/. Safe Harbor Statement This release may contain forward-looking statements. These forward- looking statements are neither promises nor guarantees, but involve risks and uncertainties that may cause actual results to differ materially from those in the forward-looking statements. Readers should not place undue reliance on any such forward-looking statements that are based solely on information known as of the date of this release. China Shoe Holdings, Inc. disclaims any obligation to update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based or that may affect the likelihood that actual results will differ from those contained in the forward-looking statement. DATASOURCE: China Shoe Holdings, Inc. CONTACT: For the Company: Jason Ma, +852-98350984, Fax: +86-21-51686308, ; or Investors: Donald P. Visco, D. Visco, Inc., +1-561-213-4469, Web site: http://www.shoeses.net/ http://www.chinashoeholdings.com/

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