McVicar issues stock options

    TORONTO, Aug. 22 /CNW/ - McVicar Resources Inc. ("McVicar") announces
that it has granted incentive stock options in respect of 190,000 shares
exercisable at $1.10 per share for a period of two years to a new director and
a new Chief Financial Officer and employees of the Company. The shares were
granted in consideration of the positive growth in McVicar with the successful
acquisition of interests in the Chinese chemical and technology industries.

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

For further information:

For further information: Dr. Gang Chai at: 55 University Avenue, Suite
605, Toronto, ON, Tel: (416) 366-7420, Fax: (416) 366-7421,

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