TMX group

May 3, 2010 (Canada NewsWire Group) --

TSX Venture: ABC

Asia Bio-Chem Group Corp. (TSXV: ABC) ) today announced that it will release its first quarter results on May 13th, 2010 at approximately 2 pm eastern standard time. The Company will also hold a conference call to discuss its quarterly results hosted by Mr. Zhiping Wang, President and C.E.O, Mr. Robert Wilson, Executive Vice President, and Ms. Elaine Zhao, Chief Financial Officer. Details regarding the call are as follows:

    <<
    Date:              Friday, May 14, 2010

    Time:              10:00 a.m., Eastern Standard Time

    Dial in number:    1-888-231-8191 or 647-427-7450

    Taped Replay:      1-800.642.1687 or 416.849.0833 (available until
                       May 28th, 2010)

    Replay Pass Code:  73228425
    >>

About Asia Bio-Chem Group

Asia Bio-Chem Group, through its wholly-owned subsidiaries in the Peoples Republic of China ("PRC") is in the business of manufacturing cornstarch and related byproducts. From its plants in Liaoning and Heilongjiang Province, the Company has a total capacity of 900,000 tonnes of corn which is processed to produce cornstarch, corn germ, gluten and fiber per year for sale into the domestic Chinese market.

This news release contains certain statements that may be deemed "forward looking statements". Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects,", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward looking statements, except as required by law, in the event that management's beliefs, estimates or opinions, or other factors, should change.

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