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KHD Humboldt Wedag International Ltd. Appoints Deloitte & Touche LLP as Its New Auditors

10/30/2006

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
joe@allencaron.com
or
Len Hall (media)
(949) 474-4300
len@allencaron.com

Rene Randall
KHD Humboldt Wedag International Ltd.
(604) 683-8286
rrandall@bmgmt.com
SOURCE KHD Humboldt Wedag International Ltd.
CONTACT: investors, Joseph Allen, +1-212-691-8087, joe@allencaron.com,
or media, Len Hall, +1-949-474-4300, len@allencaron.com, both of Allen & Caron
Inc, for KHD Humboldt Wedag International Ltd.; or Rene Randall of KHD
Humboldt Wedag International Ltd., +1-604-683-8286, rrandall@bmgmt.com
Web site: http://www.khdhumboldt.com

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