Asia Automotive Acquisition Corporation Announces Separate Trading of Common Stock and Warrants

Asia Automotive Acquisition Corporation Announces Separate Trading of Common Stock and Warrants

June 13, 2006

    NEW YORK, June 13 /Xinhua-PRNewswire/ -- Asia
Automotive Acquisition Corporation (OTC Bulletin Board:
AAACU) (the 'Company') announces that, as of today, holders
of the Company's units can separately trade the common stock
and warrants included in such units. The symbols for the
common stock, warrants and units are AAAC, AAACW and AAACU,
respectively. 

    Asia Automotive Acquisition Corporation is a blank
check company recently formed for the purpose of effecting
a merger, capital stock exchange, asset acquisition or
other business combination with an unidentified operating
business in the Asian automotive supplier industry.

    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 Company to satisfy the conditions for completion of the
business combination and those other risks and
uncertainties detailed in the Company's filings with the
Securities and Exchange Commission.

    For more information, please contact:

     Mr. Ivan M. Peill, Vice President, Capital Markets
     Capital MS&L
     Tel:  [phone]
     Web:  http://www.asiadevelopmentcapital.com

SOURCE  Asia Automotive Acquisition Corporation