NEW YORK, March 3 /PRNewswire-FirstCall/ — Gushan Environmental Energy
Limited (“Gushan” or the “Company”; NYSE: GU) announces that it will submit
its unaudited results for the fourth quarter and the full year of 2009 on Form
6-K to the U.S. Securities and Exchange Commission on Wednesday, March 10,
2010, to be followed by a conference call on the same day at 8:30 a.m.
Eastern
Standard Time (9:30 p.m. Hong Kong Time) to discuss the Company’s fourth
quarter and annual financial results ended December 31, 2009.

To join the conference call, please use the dial-in details below:

US Toll Free Number 1.800.638.5495
US Toll Number: (for international callers) 1.617.614.3946
Hong Kong Toll Number 852 3002 1672
Hong Kong Toll Free Number 800 96 3844
China Toll Free Number 10 800 130 0399
UK Toll Free Number 00 800 280 02002
UK Toll Number (for international callers) 44 207 365 8426
Passcode: 74823868

An audio webcast will also be available at http://www.chinagushan.com

A replay of the call will be available on the same day at 10:30 a.m.
Eastern Standard Time (or 11:30 p.m. Hong Kong Time) until March 17, 2010.
To
listen to the replay, please use the dial in details below:

US Toll Free Number: 1.888.286.8010
US Toll Number: (for international callers) 1.617.801.6888
Passcode: 91954088

About Gushan Environmental Energy Limited

Gushan is a leader in the PRC biodiesel industry, in terms of annual
production capacity, and one of the leading biodiesel producers in Asia, in
terms of nominal capacity. The Company produces biodiesel, a renewable, clean-
burning and biodegradable fuel and a raw material used to produce chemical
products, 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 and chemical factories, as well as to petroleum
wholesalers and individual retail gas stations. The Company has seven
production facilities, located in the Sichuan, Hebei, Fujian and Hunan
provinces and Beijing, Shanghai and Chongqing, with a combined annual
production capacity of 450,000 tons. The Company’s Sichuan, Hebei, Beijing
and
Shanghai production facilities are currently in operation.

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 and uncertainties and are
based on current expectations, assumptions, estimates and projections about
the Company and the industry. Important risks and uncertainties that could
cause the Company’s actual results to be materially different from
expectations include but are not limited to the effect of any applicable
government policy, law or regulation, of natural disasters, and of
intensifying competition in the biodiesel and alternative energy industries,
the availability of suitable raw materials to the Company, and the risks set
forth in the Company’s filings with the U.S. Securities and Exchange
Commission, including on Form 20-F, as amended. The Company undertakes no
obligation to update forward-looking statements, except as may be required by
law. Although the Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you that its
expectations will turn out to be correct, and investors are cautioned that
actual results may differ materially from the anticipated results.

SOURCE Gushan Environmental Energy Limited

US: Elizabeth Cheek, Hill & Knowlton (New York), +1-212-885- 0682,
Elizabeth.cheek@hillandknowlton.com, or Asia: Rico Ngai, Hill & Knowlton (Hong
Kong), +852-2894-6204, Rico.ngai@hillandknowlton.com.hk