China Ventures Inc. to Acquire Additional 17% of TTTC.

VANCOUVER, British Columbia -- China Ventures Inc. (TSX VENTURE:CHV) today announced that its 90% owned subsidiary CEN Smart Networks Ltd. (CEN Smart) will acquire an additional 17% interest in Today's Teachers Technology and Culture Ltd. (TTTC). Currently, CEN Smart owns a 70% interest in TTTC, giving China Ventures Inc. (CVI) an effective ownership position of 63%. The acquisition will increase CVI's ownership position to 78.3%. The acquisition of the additional 17% interest in TTTC is subject to the approval of the TSX Venture Exchange.

The purchase price for the additional 17% interest in TTTC will be 2,580,000 RMB ($397,000 CDN) and will be paid for by the issuance of 2,000,000 common shares of CVI. In addition, TTTC will transfer to the vendors ownership of its interest in a textbook project developed for several local markets and its interest in another textbook project developed to help students and teachers use existing computer networks in schools. The approximate selling price for these two projects is 760,500 RMB ($117,000 CDN). The new issuance of common shares is less than 2% of the total number of outstanding shares on a pre-acquisition basis which is 150,902,460.

Ronald Shon, President, said, "We are very pleased to be able to acquire an additional 17% interest in TTTC. The disposition of the two textbook projects will allow TTTC to focus on the recently announced educational resources platform and in the development and distribution of educational texts which have a nationwide market, as opposed to a local one. Our focus is now on educational products in the area of psychology, kindergarten curriculum development and Information Technology all of which can be sold nationally and on the educational resources platform which has been received very favorably by the education sector based on initial test results.

We believe that TTTC's revenue and income should increase meaningfully in the next 12 to 18 months and as such, when the opportunity arose to acquire the 17% interest, we decided that it was the right thing to do. We believe that the combination of an increase in ownership position and the maturation of several projects currently being undertaken by TTTC should result in an increase in value for China Ventures shareholders."

About China Ventures Inc. ("CVI")

CVI is a Canadian-based company focused on providing educational solutions to various segments of the Chinese economy. The admission of China into the WTO and the granting of the 2008 Olympic Games to Beijing have created a growing demand for education, corporate training and extended learning in China which provides significant business opportunities to CVI. On August 2002, CVI acquired Today's Teachers Technology and Culture Ltd. ("TTTC") in China to expand its educational operations. TTTC is a 12-year-old educational product distribution company whose product line includes books, software, audio and video materials, and educational training tools. On September 2003, CVI acquired Northern Education Books Ltd. ("NEB") which distributes a series of supplementary textbooks, similar to "Coles Notes," for the high school market.

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FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release - including, without limitation, statements regarding revenue estimates and future plans and objectives of China Ventures - are forward-looking statements that are subject to various risks and uncertainties. Forward-looking statements are based on current expectations and analyses, including China Ventures' analysis of its product and distribution system and its expectations regarding the effects of anticipated product and distribution changes and the potential benefits of such efforts and activities on China Ventures' results of operations in future periods. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.