China Cable Communications Engages German Counsel to De-list Its Shares From Berlin Exchange And Intends To Look into Potential Damages Caused From Naked Short Selling Through These Outlets BEIJING, July 20 /Xinhua-PRNewswire-FirstCall/ -- China Cable and Communication, Inc. (OTC:CCCI) (BULLETIN BOARD: CCCI) , a leading China-based cable TV company, today announced it has engaged legal counsel in Germany to de-list its stock from any and all foreign exchanges. Furthermore, the company announced it intends to seek restitution from any of the violating exchanges on behalf of its shareholders. Gareth Tang, President and CFO of China Cable said, "It's completely absurd that our repeated attempts at de-listing from an exchange -- an exchange we never listed on -- have gone nowhere. It is key to point out that our stock price has been in decline since the Berlin listing. We are not saying they are in direct correlation. However, we have a fiduciary responsibility to protect our shareholders from illegal stock manipulation, and being listed on a single exchange in the United States is one way of putting some protections in place." Company officers, as well as company attorneys, issued a demand letter to the Berlin Exchange to immediately de-list its securities from their Stock Exchange. Officials from the Berlin Stock Exchange responded by saying while the listing was never requested, it was legal and China Cable has no jurisdiction in Germany. Based on that, Berlin Stock Exchange officials denied the company's request to be de-listed. This maneuver predicated retaining legal counsel in Germany. Mr. Tang continued, "It's a shame when such drastic measures have been taken just to protect ourselves from unwarranted exchange listings. Public companies in the United States seem to be able to be hijacked by this stock exchange rather easily, and with no regard to US Securities laws. We find it particularly convenient that the majority of these listings in Berlin occurred as the SEC stiffened regulations against the short-selling practice on Over- The-Counter Bulletin Board stocks. We have a real company with real opportunities that are being hampered by the lack of regulations that seems to run rampant on the OTCBB. We are the majority shareholders of CCCI and we will take all necessary steps to protect ourselves and our other shareholders," concluded Mr. Tang. China Cable Communication has recently announced its intention to acquire a Fiber Optics Network that spans throughout China. The company was listed on the Berlin Stock Exchange and saw an immediate decline in its stock price, recently hitting a 52 week low. Many companies are currently fighting to get their shares de-listed from this exchange. About China Cable and Communication China Cable and Communication, Inc. is a China-based cable TV company. Through its British Virgin Island subsidiary, the Company is the first foreign company to own and operate a cable television network in China. Located 85 miles south of Beijing, the network currently offers 39 channels within the Baoding city limits and eight additional channels to outer areas in the Baoding metropolitan area. It transmits in both analog and digital over its fiber optic network and through 22 substations. With its fiber optic network, Baoding network is capable of transmitting 37 analog television programs, six digital signals and one FM music program. In addition to its cable television transmission services, Baoding network offers Internet access and value added services, such as broadband Internet access and on- demand services through its proprietary set-top boxes. China Cable and Communication is well positioned as a foreign investor approved by The State Administration of Radio, Film and Television ("SARFT"), China's national regulatory authority for the broadcasting industry, to own interests in and provide operational management support to cable television networks in the People's Republic of China (PRC). The SARFT approval together with the trading of CCCI's common stock in the US, provide CCCI with a favorable advantage in access to foreign capital. China Cable and Communication, Inc. trades in the United States, under the ticker symbol CCCI, in order to provide U.S. investors with the opportunity to invest in a company that owns interests in a PRC cable television network. For more information, please visit http://www.chinacable.us/ . The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Some of these include, but are not limited to, our availability of capital, political occurrences and events in China, the terms of our 8% convertible preferred stock, operations of the Baoding joint venture, demand for the products of the Baoding joint venture, the economy of China, and other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks described in other documents the Company files from time to time with the Securities and Exchange Commission, including Amendment No. 1 to the Form SB-2 registration statement filed with the Securities and Exchange Commission on December 8, 2003, the Annual Report on Form 10-KSB for the fiscal year ended December 31, 2003, as well as the Quarterly Reports and Current Reports on Form 8-K by the Company. CONTACT: George Raney, Executive Director, China Cable & Communication, Inc. Tel: +1-310-301-0082 DATASOURCE: China Cable and Communication, Inc. CONTACT: George Raney, Executive Director, China Cable & Communication, Inc., +1-310-301-0082 Web site: http://www.chinacable.us/

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