Forward Event Stocks

[EdF]

ADIY 4.96/5.05 January 2005:

(BSNS WIRE) American Dairy's New Processing Plant Nearing Completion

Business Editors
HEILONJIANG PROVINCE, China--(BUSINESS WIRE)--ADIY--
American Dairy, Inc. (OTCBB:ADIY), one of the leading
producers and distributors of milk powder and soy bean products in
China, announces that construction of the new 10 acre milk processing
plant in Kedong County, Heilongjang Province, China is near
completion.
Leng You-Bin, ADIY's chairman and CEO states, "this $14 million
plant will be the most modern and efficient milk processing plant in
China."
The new $4 million construction features an 183,000 square foot
workshop and an 8,600 square foot office building. $10 million of
processing equipment imported from Denmark and Belgium is expected to
arrive September 2004.
"Operations will commence January 2005 with production
capabilities of 300 tons per day," Mr. Leng announced, "American
Dairy's production will triple from the current 150 tons per day."
According to China's Growing Thirst for Dairy by Harry Baumes,
"China's dairy sector is one that should benefit from strong income
growth and its large market size (population: 1.3 billion). In recent
years, China's per capita consumption of dairy products has grown
dramatically (per capita milk consumption: 6.3 kilos (1998) to an
estimated 30 kilos by 2015)(1), and the country's domestic producers
have been unable to keep pace with the growing demand for dairy
products."(2)

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actual results could differ materially as a result of a variety of
factors including the risks associated with the effect of changing
economic conditions at home and abroad, variations in cash flow,
reliance on collaborative retail partners, and on new product
development, variations in new product and service development, risks
associated with rapid technological change, and potential of
introduced or undetected flaws and defects in products and services
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