LJ International Inc. a leading jewelry manufacturer and retailer, today announced that it has received a notice from the Nasdaq Listing Qualifications Panel (the "Panel") indicating that the Panel has approved the Company's continued listing on the Nasdaq Stock Market, subject to the condition that, on or before March 28, 2008, the Company informs the Panel that it has held its annual shareholders' meeting. As previously announced, the Company intends to solicit proxies as soon as possible and hold its annual shareholder meeting on March 14, 2008.

About LJ International Inc.

LJ International Inc., based in Hong Kong and the U.S., is engaged in the designing, branding, marketing and distribution of a full range of jewelry. It has built its global business, currently one of the fastest-growing in the jewelry industry, on a vertical integration strategy and an unwavering commitment to quality and service. LJI distributes to fine jewelers, department stores, national jewelry chains and electronic and specialty retailers throughout North America and Western Europe, with a growing retail presence in China through its ENZO stores. Its product lines incorporate all major categories sought by major retailers, including earrings, necklaces, pendants, rings and bracelets.