Newlead Holdings Ltd. (fka NEWLF)

[RonnieD]

NewLead Holdings Ltd. (the “Company”) announced today that it would effect a 1 for 12 reverse split to consolidate every 12 common shares of the Company into one common share, par value of $0.01 per share. The Company issued a press release announcing the reverse stock split that is incorporated herein by reference as Exhibit 99.1. It is anticipated that the Company’s common shares will begin trading on a split adjusted basis when the market opens on August 3, 2010.