BEST FOOD SERVICES INC. (恒泰集团), TO SUPPLY ONION RINGS PRODUCTS恒泰集团), TO SUPPLY ONION RINGS PRODUCTS

Singapore, 11 October 2006 ? The Board of Directors of China Kangda Food Company

Limited (中国康大食品有限公司) (the ?Company?) is pleased to announce that the

Company, through its subsidiary, Qingdao Kangda Foods Co., Ltd has entered into a

Memorandum of Understanding with Best Food Services Inc. (恒泰集团), a United

States based distributor of food products, to supply onion rings products. Amongst the

customers of Best Food Services Inc. includes Burger King, one of the largest fast-food

chains in the United States.

The Company will invest approximately RMB14.0 million for the setting up of the onion

rings production facility and the purchase of production equipment manufactured in the

United States. This facility is expected to commence production in December 2006 and

will have an annual production capacity of 3,000 tons.

The capital investment required for the onion rings production facility will be funded out

from the IPO proceeds in accordance with the plans as set out in the Company?s

prospectus dated 28 September 2006.

The capital investment in the onion rings production facility is not expected to have a

material impact on the earnings per share and the net tangible assets per share of the

Group for the financial year ending 31 December 2006.

On behalf of the Board of Directors

Mr Gao Yanxu

Executive Director and CEO

11 October 2006

The Initial Public Offering of the Company is sponsored by CIMB-GK Securities Pte.

Ltd.? The Board of Directors of China Kangda Food Company

Limited (中国康大食品有限公司) (the ?Company?) is pleased to announce that the

Company, through its subsidiary, Qingdao Kangda Foods Co., Ltd has entered into a

Memorandum of Understanding with Best Food Services Inc. (恒泰集团), a United

States based distributor of food products, to supply onion rings products. Amongst the

customers of Best Food Services Inc. includes Burger King, one of the largest fast-food

chains in the United States.

The Company will invest approximately RMB14.0 million for the setting up of the onion

rings production facility and the purchase of production equipment manufactured in the

United States. This facility is expected to commence production in December 2006 and

will have an annual production capacity of 3,000 tons.

The capital investment required for the onion rings production facility will be funded out

from the IPO proceeds in accordance with the plans as set out in the Company?s

prospectus dated 28 September 2006.

The capital investment in the onion rings production facility is not expected to have a

material impact on the earnings per share and the net tangible assets per share of the

Group for the financial year ending 31 December 2006.

On behalf of the Board of Directors

Mr Gao Yanxu

Executive Director and CEO

11 October 2006

The Initial Public Offering of the Company is sponsored by CIMB-GK Securities Pte.

Ltd.中国康大食品有限公司) (the ?Company?) is pleased to announce that the

Company, through its subsidiary, Qingdao Kangda Foods Co., Ltd has entered into a

Memorandum of Understanding with Best Food Services Inc. (恒泰集团), a United

States based distributor of food products, to supply onion rings products. Amongst the

customers of Best Food Services Inc. includes Burger King, one of the largest fast-food

chains in the United States.

The Company will invest approximately RMB14.0 million for the setting up of the onion

rings production facility and the purchase of production equipment manufactured in the

United States. This facility is expected to commence production in December 2006 and

will have an annual production capacity of 3,000 tons.

The capital investment required for the onion rings production facility will be funded out

from the IPO proceeds in accordance with the plans as set out in the Company?s

prospectus dated 28 September 2006.

The capital investment in the onion rings production facility is not expected to have a

material impact on the earnings per share and the net tangible assets per share of the

Group for the financial year ending 31 December 2006.

On behalf of the Board of Directors

Mr Gao Yanxu

Executive Director and CEO

11 October 2006

The Initial Public Offering of the Company is sponsored by CIMB-GK Securities Pte.

Ltd.恒泰集团), a United

States based distributor of food products, to supply onion rings products. Amongst the

customers of Best Food Services Inc. includes Burger King, one of the largest fast-food

chains in the United States.

The Company will invest approximately RMB14.0 million for the setting up of the onion

rings production facility and the purchase of production equipment manufactured in the

United States. This facility is expected to commence production in December 2006 and

will have an annual production capacity of 3,000 tons.

The capital investment required for the onion rings production facility will be funded out

from the IPO proceeds in accordance with the plans as set out in the Company?s

prospectus dated 28 September 2006.

The capital investment in the onion rings production facility is not expected to have a

material impact on the earnings per share and the net tangible assets per share of the

Group for the financial year ending 31 December 2006.

On behalf of the Board of Directors

Mr Gao Yanxu

Executive Director and CEO

11 October 2006

The Initial Public Offering of the Company is sponsored by CIMB-GK Securities Pte.

Ltd.

Page 2 of 2

About China Kangda Food Company Limited

Established in 1992, China Kangda is a diversified food processing group in the PRC

involved in the processing of a wide range of food types, including chicken, rabbit meat,

seafood, vegetables, soup ingredients and seasoning. The Group?s key products are

mainly processed food products as well as chilled and frozen chicken and rabbit meat

products.

Besides selling products under its own ?康大?, ?嘉府? & ?U 味? brand names, the Group

also acts as an OEM manufacturer of chicken-based cooked products, chestnuts,

instant soup and curry products for Japanese food corporations, including Nissin Food

Products Co., Ltd, Nomura Trading Co., Ltd, Shokuken Corporation, Asahimatsu Foods

Co., Ltd and Keio Sangyo Co., Ltd.

The Group currently distributes its wide range of products in 14 provinces and over 20

major cities in the PRC and exports to more than 20 countries including Japan, South

Korea, Hong Kong, Russia and certain countries in the European Union.

For FY2005, the Group reported a revenue of approximately RMB447.7 million and a

net profit of approximately RMB83.7 million. The compounded annual growth rate for

the Group?s revenue between FY2003 to FY2005 was approximately 69.7%.

For 1Q2006, the Group achieved revenue of approximately RMB87.2 million, up

approximately 4.2% from approximately RMB83.6 million in the previous corresponding

period. The Group reported a net profit of approximately RMB16.2 million, an increase

of approximately 13.2% from approximately RMB14.3 million in the previous

corresponding period.康大?, ?嘉府? & ?U 味? brand names, the Group

also acts as an OEM manufacturer of chicken-based cooked products, chestnuts,

instant soup and curry products for Japanese food corporations, including Nissin Food

Products Co., Ltd, Nomura Trading Co., Ltd, Shokuken Corporation, Asahimatsu Foods

Co., Ltd and Keio Sangyo Co., Ltd.

The Group currently distributes its wide range of products in 14 provinces and over 20

major cities in the PRC and exports to more than 20 countries including Japan, South

Korea, Hong Kong, Russia and certain countries in the European Union.

For FY2005, the Group reported a revenue of approximately RMB447.7 million and a

net profit of approximately RMB83.7 million. The compounded annual growth rate for

the Group?s revenue between FY2003 to FY2005 was approximately 69.7%.

For 1Q2006, the Group achieved revenue of approximately RMB87.2 million, up

approximately 4.2% from approximately RMB83.6 million in the previous corresponding

period. The Group reported a net profit of approximately RMB16.2 million, an increase

of approximately 13.2% from approximately RMB14.3 million in the previous

corresponding period.