New Dragon Asia Corp. to Announce Third Quarter Fiscal 2008 Results On November 7, 2008


SHENZHEN, China, Oct. 31, 2008 (GLOBE NEWSWIRE) -- New Dragon Asia Corp. (AMEX:NWD), one of China's leading producers of instant noodles, flour-related products and soybean-derived products, will announce its financial results for the third quarter and first nine months of fiscal year 2008 before the U.S. markets open on Friday, November 7, 2008.

Mr. Peter Mak, Chief Financial Officer, will host a conference call on Friday, November 7, 2008 at 8:00 AM (New York) / 1:00 PM (London) / 9:00 PM (China) to review the results.

The conference call will also be available via listen-only webcast at: http://www.irconnect.com/nwd/pages/conference.html, and will be archived on the Company's website.

The dial-in information for the call is as follows:


 From North America:
 Dial-in: +1 480 629 9041
 Replay: +1 303 590 3030
 Passcode: 3938038

 From Europe:
 Dial-in: +44 20 7190 1596
 Replay: +44 20 7154 2833
 Passcode: 3938038

 From Asia:
 Dial-in: +852 3009 5027
 Replay: +852 2287 4304
 Passcode: 125 110#

The replay will be available for one week following the conclusion of the live call.

About New Dragon Asia Corp.

New Dragon Asia Corp., a Florida corporation (AMEX:NWD), is headquartered in Shandong Province, China and is engaged in the milling, sale and distribution of flour, instant noodles, soybean-derived products and ginger powder, to retail and commercial customers. As the fourth largest instant noodle manufacturer in China, New Dragon Asia Corp. markets its well-established Long Feng brand through a network of more than 200 key distributors and 16 regional offices in 27 Chinese provinces with an aggregate production capacity of approximately 195,000 tons of flour and more than 1.1 billion packages of instant noodles per year. Instant noodles are also exported to a growing number of countries. For more information, visit the Company's website at www.newdragonasia.com.


            

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