China Keli Amends Exercise Price for Stock Options Granted in May 2010

Science and Technology Science and Technology

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China Keli Amends Exercise Price for Stock Options Granted in May 2010

China Keli Amends Exercise Price for Stock Options Granted in May 2010

^{Published on 2011-09-28 13:12:08 - Market Wire}

VANCOUVER, Sept. 28, 2011 /CNW/ - China Keli Electric Company Ltd. (TSX-V: ZKL) ("China Keli") is pleased to announce that it has amended the exercise price of 3,216,331 stock options granted on May 6, 2010 and 454,490 stock options granted on May 13, 2010 from $0.43 to $0.16. In all other respects the terms of the options will remain unchanged and in full force and effect.

About China Keli Electric Company Ltd.

China Keli is a hi-tech company that develops, manufactures and installs hi-voltage electrical components and equipment, including preassembled mini-substations, electrical controllers, pressurized/vacuumed switchgears and circuit breakers in the People's Republic of China. China Keli's markets include electrical transmission and distribution systems, Smart Grid, transportation (railways, subways, street lighting, etc.), and the "Cleantech" sector (renewable energy, solid waste processing, waste water, etc).

ON BEHALF OF THE BOARD OF DIRECTORS
Mr. Lou Meng Cheong
CEO
Phone: 604.270.2345

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release