AgroCan Will Benefit From China's Entry Into WTO.

Business Editors

HONG KONG--(BUSINESS WIRE)--Feb. 11, 2002

AGROCAN CORPORATION (OTCBB:AGRN) will formulate its plan to expand its distribution of imported and local made organic fertilizer in the Chinese market following the entry of China into the World Trade Organization in January 2002.

China's entry into WTO will speed up the execution of the free market policy of the country. It means China will allow more imports of high quality products and services from America and the rest of the World. At the same time, China will allow foreign companies to do business with less restrictions in China.

Mr. Changfa Li, Vice President, Business Development, said, "We have been preparing ourselves for China's entry into WTO and now we can start to put our business plan into action. Expansion of the distribution plan will enhance the Company's profitability, once these additional businesses are in place in the next few years."

AgroCan is a major supplier of fertilizers and organic solutions to improve the agricultural output of China. The Company's current line of products are sold to the farming and tree plantation industries as well as individual farmers producing such diverse crops as rice, wheat, corn, sugar cane, banana and tropical and sub-tropical fruit trees and vegetables, apart from its expertise in eucalyptus, poplar, acacia and pine trees.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipates," "estimates," "expects," "will," "should," "projects," "intends," "plans," "believes" and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such forward-looking statements. Those forward-looking statements are present expectations of future events. As with any projection or forecast, they are inherently susceptible to uncertainty and changes in circumstances, and AgroCan is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of such changes, new information, future events or otherwise.