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alexindef

08/24/06 2:00 PM

#165932 RE: iii_john #165925

CARSON CITY, Nev., Aug. 17 /PRNewswire-FirstCall/ -- America Asia Petroleum (OTC Pink Sheet: AAPM) announced that its Board of Directors have approved a 10 for 1 forward stock spilt of the Company's common stock. Each shareholder of record at the close of business on August 25, 2006, will receive 9 additional shares for every outstanding share held on the record date. The shares will be executed on August 28, 2006.