Shanghai Century Acquisition Corporation Announces Separation of the Company's Units

HONG KONG and MENLO PARK, Calif., July 26 /Xinhua-PRNewswire-FirstCall/ -- Shanghai Century Acquisition Corporation ("the Company") (AMEX:SHA) today announced that it has been notified by I-Bankers Securities Incorporated, the Co-managing underwriter and book runner for its initial public offering, which was consummated on April 28, 2006, that commencing on July 26, 2006 there will be a voluntary separation of the Company's units.  At the open of the market, the holders of the Company's units may separately trade the common stock and warrants included in such units.  The symbols for the common stock, warrants and units are SHA, SHA.WS, and SHA.U, respectively.

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined by the United States Private Securities Litigation Reform Act of 1995. Any such forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations such as material adverse events affecting the Company, the ability of the Company to satisfy the conditions to completion of the business combination and those other risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission.

About Shanghai Century Acquisition Corporation

Shanghai Century Acquisition Corporation is a company with principal offices in Hong Kong.  The Company was formed for the purpose of acquiring, through a stock exchange, asset acquisition or other similar business combination, or control, through contractual arrangements, an operating business having its primary operations in the People's Republic of China.

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DATASOURCE: Shanghai Century Acquisition Corporation



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Acquisition Corporation, [phone], or 

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