Asian Dragon Group Inc.'s Project Luogold Receives 23 New Gold Projects and Full Endorsement by China Luoyang Gold Bureau.

LUOYANG, China -- Asian Dragon Group Inc. (OTCBB: AADG) (FWB: P2J1) (WKN: A0KE7Z) is pleased to report that key Company representatives have concluded high-level meetings with the China Luoyang Gold Bureau (the "Bureau"). The Bureau has full mining jurisdiction over Luoyang City, Henan Province, controlling an area of over 15,208 sq kms. The Bureau's extensive jurisdiction includes four counties located within the prolific resource rich belt of Xiaoqinling. This region has been the focus of Asian Dragon's Project Luogold acquisitions due in part to its ranking as China's second most productive region in gold and third most productive region in silver. Asian Dragon's confidence in this area is shared by other successful mega-cap companies such as Silvercorp Metals Inc. and the Lingbao Gold Company.

Bureau hosts Minister Shen Gongrong and Deputy Minister Xu Xile praised the success of Asian Dragon and applauded the Dragon's management of the Jinjishan Gold Mine (the first key acquisition of Project Luogold). The Ministers commended Asian Dragon for providing funds on a timely basis to finance production and exploration at the Jinjishan Gold Mine, a key factor in future growth as many foreign companies have failed to follow though on their joint venture agreements to develop resource based projects in China. In recognition of Asian Dragon's work in developing significant projects in the area, the Ministers, on behalf of the entire Bureau, have pledged their future assistance to Asian Dragon and offered an additional 23 gold projects for potential joint ventures. Asian Dragon will review these exclusive opportunities and secure those projects that complement the Company's continuing development of Project Luogold.

About Asian Dragon

Asian Dragon was established to focus on China's explosive precious metals reserves and markets and to become one of China's largest foreign gold and precious metals producers through a series of joint ventures and mine and property acquisitions.

Long-standing relationships with the various branches of the Chinese Gold Bureau have provided Asian Dragon with the exclusive opportunity to commence due-diligence and obtain interests in several advanced Chinese Gold Mining Projects in one of the Country's most well-known and prolific mineral production regions, the Xiaoqinling Region.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.