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Kiwa Bio-Tech 1st Quarter Revenues Increase 57.8% - $2.18 Million
Date:5/9/2008

It was developed by Kiwa-CAU R&D Centre which was established by Kiwa and China Agricultural University, one of the most respected Chinese universities in the field of agriculture. Kiwa is partaking in a 2008 initiative organized by the Chinese government: 'The National Soil Organic Matter Advancement Pilot Subsidy Project'."

Mr. Wei Li also noted progress is being made related to the joint venture with Shijiazhuang Huaxing Animal Medicine Co., Ltd. ("Huaxing") and the acquisition of the factory that produces veterinary pharmaceuticals and is capable of manufacturing AF-01 antiviral for avian flu. A press release related to the joint venture and capital raised specifically for the joint venture is expected shortly.

ABOUT KIWA BIO-TECH PRODUCTS GROUP CORPORATION

The Company develops, manufactures, distributes and markets innovative, cost-effective, and environmentally safe bio-technological products for agricultural and natural resources and environmental conservation. The Company's products are designed to enhance the quality of human life by increasing the value, quality and productivity of crops and decreasing the negative environmental impact of chemicals and other wastes. For more information about the Company, please review documents filed with the SEC (http://www.sec.gov) or visit the Company's website at http://www.kiwabiotech.com .

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with
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SOURCE Kiwa Bio-Tech Products Group Corporation
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