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Tuesday, 02/22/2011 4:04:36 PM

Tuesday, February 22, 2011 4:04:36 PM

Post# of 94785
CHME lol-even Frazer Frost has standards

China Medicine Corporation (OTC Bulletin Board: CHME) (the "Company"), a leading manufacturer, developer and distributor of Western pharmaceuticals, traditional Chinese medicines ("TCM"), and other health products in the People's Republic of China , today announced that it has been advised by Frazer Frost, LLP ("Frazer Frost") that after completion of the current audit for the year ended December 31, 2010 , Frazer Frost will decline to stand for re-appointment as the Company's independent registered public accounting firm for the Company's audit and for the quarterly reviews of the Company for the year ended December 31, 2011 . The decision of Frazer Frost was made on its own initiative without the prior knowledge or participation of the Company.

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