China Continental Forecasts 10% Increase in Output.

Business Editors

HONG KONG--(BUSINESS WIRE)--Nov. 21, 2002

Jia Ji Shang, CEO of China Continental Inc. (OTCBB: CHCL) today announced that the company anticipates a total output of 156,700 tons of forage grass this year, a 10% increase over last year. The increased yield is due mainly to improved plantation management, efficient soil utilization, pleasant weather and sufficient rainfall. Management expects the price of forage grass will be the same or slightly higher than the level a year ago.

"Although we are facing some constraints for our forage grass exports to Japan due to insufficient fumigation facilities at the Dalian Port which has limited the quantity of forage grass we can export to Japan," said Jia Ji Shang, "we have also successfully shifted the market focus to mainland China. We anticipate a growing demand for forage grass in the local market as China's government strengthens its support to the live stock sector."

China Continental Inc. specializes in the agriculture and farming sector in China. Its business mainly consists of: (1) the sale of breeding livestock, semen and embryos, and services to contract breeders and growers; (2) the plantation, harvesting and sale of forage grass; and (3) the sale of bottled water.

For additional information about China Continental Inc., call 800/634-6217.

Statements contained in this release which are not historical facts may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements.