Stock Code: 000055, 200055 Stock ID: Fangda A, Fangda BAnnouncement No. 2008-05

　　China Fangda Group Co., Ltd.

　　Announcement of Anticipation on Performance Growth for the

　　st

　　1 Quarter of 2008

　　The members of the Board and the Company acknowledge being responsible forthe truthfulness, accuracy, and completeness of the announcement. Not any falserecord, misleading statement or significant omission carried in this announcement.I. Business performance of the current term.

　　1. Period of the prediction: January 1st – March 31st 2008;

　　2. Anticipation: Business performance will achieve an growth of 100%-150% over the

　　same period of last year. Detailed figures will be disclosed in the 1st Quarterly Report

　　2008.

　　3. This prediction of business performance is not audited by CPAs.II. Performance of the same period of last year:

　　1. Net profit: RMB3,729,388.91;

　　2. Earnings per share: RMB0.01

　　III. Statement of causations of the increaseIncreasing of revenue was caused by disposing of some financial assets.The above is for the attention of the shareholders.

　　The Board of Directors of

　　China Fangda Group Co., Ltd.

　　April 15, 2008