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American Dairy Appoints New Head of Sales and Marketing

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one of the leading producers and distributors of premium infant formula, milk powder and soybean, rice and walnut products in China, today announced the appointment of Mr. Zhang Guilang (“Oliver”) as the new Head of Sales and Marketing, effective immediately.

Mr. Zhang joined American Dairy in May 2009 as special assistant to the Company’s CEO and has been working closely with the CEO in developing sales and marketing strategies before transitioning to this position. Mr. Zhang has more than 15 years of experience in sales and marketing. From 2001 to 2006, Mr. Zhang served as General Manager of Want-Want China Holdings’ (“Want-Want”) Want Zai (Hot Kid) business. Under his leadership, Want Zai grew its annual revenue from RMB300 million in 2002 to RMB 3 billion in 2006, becoming China’s number one dairy drinks company in terms of net profits for four consecutive years since 2003. His experience also includes serving in various managerial positions in Want-Want from 1992 to 2001. Mr. Zhang received his Bachelor’s Degree in Economics from National Chung Hsing University in Taiwan and his EMBA from Tsinghua University in Beijing.

“We are pleased to welcome Mr. Zhang as the new Head of Sales and Marketing. His rich experience with multinational companies and profound understanding of the Chinese dairy market will enable us to further build on our strong foundation with improved international ‘best practices’ and compete more effectively with foreign competitors on a larger scale than ever before. We believe 2010 will be a very important year for the dairy market, which makes Mr. Zhang’s addition to the team all the more valuable. With his expertise, we feel confident that we will be able to drive our growth in 2010 and beyond,” stated Mr. Leng You-Bin, Chief Executive Officer of American Dairy.

Mr. Nie Bo has resigned to pursue other interests. The Company thanks Mr. Nie for his dedication and contribution during his tenure and wishes him great success in his future endeavors.

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Friday, August 18, 6:23 pm

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