KHDH Khd Humboldt Wedag International Ltd. (MM)

HONG KONG, Oct. 30 /PRNewswire-FirstCall/ -- KHD Humboldt Wedag International Ltd. (the "Company") (NASDAQ:KHDH) today announced that the Company's Audit Committee of the Board of Directors has appointed Deloitte & Touche LLP ("Deloitte"), as its new auditors, effective immediately. The Company said that the change of auditors is not expected to delay any filings, and that the Company expects to announce its results for the third quarter ended September 30, 2006 on or about November 14, 2006. Deloitte works in approximately 150 countries serving more than one-half of the world's largest companies. Michael Smith, Chairman, commented, "We are pleased to announce Deloitte as our new auditors; the international scope of our business makes the fit with one of the most international audit firms a perfect one." The Company's former auditors, BDO Dunwoody LLP ("BDO"), have resigned voluntarily and there were no disagreements between the Company and BDO on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures. About KHD Humboldt Wedag International Ltd. KHD Humboldt Wedag International Ltd. (the "Company") owns companies that operate internationally in the industrial plant engineering and equipment supply industry, and specializes in the cement, coal and minerals processing industries. To obtain further information on the Company, please visit our website at http://www.khdhumboldt.com/ Contact Information: Allen & Caron Inc Joseph Allen (investors) (212) 691-8087 or Len Hall (media) (949) 474-4300 Rene Randall KHD Humboldt Wedag International Ltd. (604) 683-8286 DATASOURCE: KHD Humboldt Wedag International Ltd. CONTACT: investors, Joseph Allen, +1-212-691-8087, , or media, Len Hall, +1-949-474-4300, , both of Allen & Caron Inc, for KHD Humboldt Wedag International Ltd.; or Rene Randall of KHD Humboldt Wedag International Ltd., +1-604-683-8286, Web site: http://www.khdhumboldt.com/

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