Chai-Na-Ta to Review Imperial Ginseng Products Ltd. Offer.

LANGLEY, British Columbia--(BUSINESS WIRE)--June 30, 1999--

Chai-Na-Ta Corp. (TSE:CC) (OTC BB:CCCFF)--Chai-Na-Ta Corp. (the "Company"), (TSE:CC) (OTC BB:CCCFF), President and CEO, Gerry Gill announced today that the Company has been made aware of the recent purchase of 10.9 percent of its common shares by Imperial Ginseng Products Ltd. ("Imperial"), and of Imperial's intention to purchase an additional 40 percent of Chai-Na-Ta's outstanding common shares.

"At this time, we have no comment to make on the proposed offer," Gill said, "When further information is made available, our Board of Directors will review the offer to purchase. We will continue to work in the best interests of our shareholders, and will provide shareholders with additional information as it becomes available, including any Board recommendation."

Chai-Na-Ta Corporation, based in Langley, British Columbia, is the world's largest supplier of North American ginseng. The Company farms, processes and distributes North American ginseng as bulk root, and supplies processed extract powder for the manufacture of value-added ginseng-based products.

Except for historical information contained herein, the matters discussed in this press release are forward looking statements that involve risks and uncertainties, including but not limited to general business conditions, bulk root prices, general harvest quality, and other risks detailed from time to time in the Company's public filings, annual report, and Form 20-F.