China Ceramics Announces Pricing of Public Offering of Common Shares

JINJIANG, China, Nov. 19, 2010 /PRNewswire-Asia-FirstCall/ -- China Ceramics Co., Ltd. (Nasdaq: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, announced today that it has priced its previously announced underwritten public offering (the "Offering") of 3,350,000 shares (the "Shares") at a price of $7.75 per Share for an aggregate of approximately $26 million gross proceeds.  The total net proceeds of the Offering to the Company will be approximately $24 million.

The Company intends to apply the net proceeds of the Offering, together with other cash on hand and cash from operations, to purchase additional equipment for its Hengda facility and to expand its Hengdali facility.

Roth Capital Partners, LLC acted as sole book-running manager of the Offering with Maxim Group LLC acting as a co-manager.  The Company conducted the Offering pursuant to an effective registration statement previously filed with the Securities and Exchange Commission (the "SEC").  Copies of the final prospectus, when available, may be obtained on the SEC's website, www.sec.gov, and by contacting Roth Capital Partners, LLC at 24 Corporate Plaza Drive, Newport Beach, CA 92660, Attention: Equity Capital Markets, Fax: (949) 720-7227 or by e-mail to: rothecm@roth.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  The Offering may only be made by means of a prospectus.

About China Ceramics Co., Ltd.:

China Ceramics Co., Ltd., formerly China Holdings Acquisition Corp., is a leading manufacturer of ceramic tiles in China. The Company's ceramic tiles are used for exterior siding, interior flooring, and design in residential and commercial buildings.