/C O R R E C T I O N -- CNinsure Inc./

In the press release entitled, CNinsure Establishing Joint Venture with Car Dealer to Further Penetrate Auto Insurance Distribution Channel, issued earlier today by CNinsure Inc. through Xinhua PR Newswire, we are advised by the company that the second paragraph, first sentence should read “second quarter” and not “first quarter” as originally issued inadvertently. The full sentence should read, “The transactions are expected to close in the second quarter of 2008 subject to certain consents, authorizations and other customary closing conditions.”

CNinsure Inc.