New Oriental Energy & Chemical Corp. to Host Conference Call to Review Fiscal 2008 Third Quarter Results on February 12, 2008 at 8:30 a.m. ET

New Oriental Energy & Chemical Corp. (NASDAQ: NOEC), a specialty chemical and emerging alternative fuel manufacturer in The People's Republic of China (PRC), today announced that it will host a conference call to discuss its fiscal 2008 third quarter results for the period ended December 31, 2007 on Tuesday, February 12, 2008 at 8:30 a.m. ET.

Interested participants should call 1-800-762-8779 3-5 minutes prior to the start time when calling within the United States or 1-480-629-9031 when calling internationally and provide the operator with Conference ID number 3842576. There will be a playback available until February 26, 2008. To listen to the playback, please call 1-800-406-7325 when calling within the United States or 1-303-590-3030 when calling internationally. Please use pass code 3842576 for the replay.

This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=00004B74 or at ViaVid's website at www.viavid.net. The webcast can be accessed through February 12, 2009.

About New Oriental Energy & Chemical Corp.

New Oriental Energy & Chemical Corp. is an emerging alternative fuel and specialty chemical manufacturer based in Henan Province, China. The Company is focused on the production of Dimethyl ether (DME), methanol and fertilizer products, and the Company expects to begin production of bio-diesel within the next year. The Company sells its products primarily through a network of distribution partners.

Safe Harbor Statement:

This press release discusses the planned earnings conference call which may contain forward-looking statements concerning New Oriental Energy & Chemical Corp. The actual results may differ materially depending on a number of risk factors including, but not limited to, the following: general economic and business conditions, development, shipment, market acceptance, additional competition from existing and new competitors, changes in technology or product techniques, and various other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risk factors detailed in the Company's reports filed with the Securities and Exchange Commission. New Oriental Energy & Chemical Corp. undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.