China Shen Zhou Mining & Resources, Inc. (American Stock Exchange: SHZ) ("China Shen Zhou", or "the Company"), a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that it has appointed

Mr. Hu Ye as its new Chief Financial Officer as of June 3, 2008.

Mr. Ye is a Certified General Accountant (CGA) in Canada and has over 15-years experience in financing and international capital markets. He has been working in China and most recently served as CFO of Odysys International Ltd., BOCO Enterprises Ltd. and EMarket Holding Group Corp. starting from 2003. From 2001 to 2003, Mr. Ye was a consultant in Securitization Finance at the CIT Group, Inc., Canada.  From June 1999 to March 2001, he served as Assistant Vice-President, Finance, Corporate and Institutional Client Group, Merrill Lynch Canada.  From 1990 to 1999, he performed financial analysis and financial administration at Mackenzie Financial Corporation, Canada. Mr. Ye has a bachelor of science in electrical engineering from Huazhong University of Science and Technology, China, and a master of arts in economics from University of Toronto, Canada.

Mr. Steven Jiao, Chief Financial Officer and Principal Accounting Officer, has resigned effectively immediately due to health reasons.

"We thank Mr. Jiao for his contributions and we wish him well with his health issues," commented Ms. Jessica Yu, the Company's Chairwoman and Chief Executive Officer.

"We also welcome Hu Ye, and his financial background and experience will be a real asset to help move China Shen Zhou forward," Ms. Yu concluded. 

About China Shen Zhou Mining & Resources, Inc.

China Shen Zhou Mining & Resources, Inc., through its subsidiary, American Federal Mining Group ("AFMG"), is engaged in the exploration, development, mining, and processing of fluorite and nonferrous metals such as zinc, lead and copper in China. The Company has the following principal areas of interest in China: (a) fluorite extraction and processing in the Sumochaganaobao region of Inner Mongolia; (b) zinc/copper/lead exploration, mining and processing in Wulatehouqi of Inner Mongolia; and (c) zinc/copper exploration, mining and processing in Xinjiang. In addition, AFMG owns 100% of Kichi-Chaarat Closed Joint Stock Company, whose major assets include a copper-gold mine located in the Kuru-Tegerek region of western Kyrgyzstan.

For more information, please visit http://www.chinaszmg.com/