Earth Dragon Resources (fka EARH)

[GoldHitter]

254,480,000 shares outstanding from 1/20/11 PR

I think there was a typo in the PR..not 254,480,000 million shares but 254,480,000 shares

Earth Dragon Resources Provides Corporate Update
Jan. 20, 2011 (Marketwire) --

TOKYO -- (Marketwire) -- 01/20/11 -- Earth Dragon Resources, Inc. (OTCBB: EARH) (the "Company") is pleased to provide an update on recent corporate events.

Effective January 19th, 200 million shares of the Company's common stock were returned to the treasury. Prior to the cancellation, the Company had 454,480,000 shares issued and outstanding; therefore 254,480,000 million shares are now outstanding.

Management of the Company believes this better reflects the Company's true value as well as positioning Earth Dragon to undertake its future endeavors.

In related news, the Company wishes to advise that it has filed its quarterly financial report (Form 10-Q) for the period ending November 30, 2010 with the Securities & Exchange Commission.

Additional details regarding the Company and its agreements are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.