Asia Bio-Chem Group Corp. Release of Second Quarter Results and Conference Call

    TSX Venture: ABC

    TORONTO, Aug. 12 /CNW/ - Asia Bio-Chem Group Corp. (TSXV: ABC) today
announced that it will release its second quarter results on August 22nd ,
2008 at approximately 4pm eastern standard time. The Company will also hold a
conference call to discuss its second quarter 2008 financial results. Mr.
Zhiping Wang, President and C.E.O, Mr. Robert Wilson, Executive Vice
President, and Ms. Elaine Zhao, Chief Financial Officer, will host the call.

    Date:                    Monday, August 25, 2008

    Time:                    11:00 a.m., Eastern Time

    Dial in number:          1-800-733-7571 or 416-644-3416

    Taped Replay:            416-640-1917 (available until September 8th,

    Taped Replay Pass Code:  21280524 followed by the number sign

    About Asia Bio-Chem Group

    Asia Bio-Chem Group, through its wholly-owned subsidiary in the Peoples
Republic of China ("PRC") is in the business of manufacturing cornstarch and
related products. From its plant in Liaoning Province, the Company produces
approximately 270,000 tonnes of cornstarch, corn germ, gluten and fiber per
year for sale into the domestic market in the PRC. The Company's business plan
involves the expansion of production capacity either by way of acquisition or
construction of new capacity.


    %SEDAR: 00023381E

For further information:

For further information: For Corporate Information: Asia Bio-Chem Group
Corp., Suite 2105 - 130 Adelaide Street West, Toronto, Ontario, M5H 3P5,
Attention: Robert Wilson, Tel: (416) 603-7500, e-mail:

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Asia Bio-Chem Group Corp.

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