China TransInfo Announces Chairman's Additional $3 Million Share-Repurchase Plan

"Our stock price has recently declined dramatically, although we have seen no change in the fundamentals of our business or our markets.  This decline has made our company's shares significantly undervalued, in my opinion," said Mr. Shudong Xia, China TransInfo's Chairman and Chief Executive Officer. "Therefore, I intend to invest my own funds to purchase additional shares of our Company's stock, as an indication of my confidence in our Company as well as of my strong belief in the value of our shares."

The share purchases will be made in a manner consistent with China TransInfo's stock-trading policy and relevant securities laws.

About China TransInfo

China TransInfo, through its affiliate, China TransInfo Technology Group Co., Ltd., (the "Group Company") and the Group Company's PRC operating subsidiaries, is primarily focused on providing urban and highway transportation management solutions and information services. The Company is a leading transportation information products and comprehensive solutions provider, and aims to be the largest real time transportation information service provider and major commercial vehicles service provider in China. As the co-formulator of several transportation technology \national standards, the Company owns nine patents and has won a majority of the model cases awarded by the PRC Ministry of Transportation. As a result, the Company is playing a key role in setting the standards for transportation information solutions in China. For more information, please visit the Company's website at http://www.chinatransinfo.com.

Safe Harbor Statement

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