Jade Art Group Announces Fifth Jade Sales Agreement Totaling US$14.4 Million

NEW YORK and JIANGXI, CHINA, March 3, 2008 - Jade Art Group Inc. (OTCBB: JADG)
announced today that Jiangxi SheTai Jade Industrial Co., Ltd. ("JST"), its
wholly-owned subsidiary and owner of 90% of the distribution rights for the
SheTai Jade mine, one of the largest jade mines in China by reserves, signed a
sales agreement for the distribution of raw jade with QiYuSheng ShiBao Jade
Company Ltd. ("QYSB").

The agreement commits QYSB to purchase a total of 4,500 tons of raw jade of
various qualities from JST for US$14.4 million over the next year. QYSB is
responsible for shipping of the raw jade material, as well as any associated
costs. Similar to past agreements, JST will receive 30% of the contracted value
of each shipment before delivery, with the balance paid upon final inspection
and approval by QYSB. JST's performance is subject to risks of delay, stoppage
or other production difficulties associated with a third-party supplier of raw
jade that are outside its control.

Located in PuTian City, Fujian Province, QYSB is a large local jade supplier
that was recently recognized as the "industry base of jade jewelry in China" in
2007. Currently, there are 1,000 jade and jewelry companies in PuTian, creating
a strong community committed to the design, production and sale of jade.
PuTian's annual jade production is valued at approximately US$2 billion and it
is recognized as China's largest distributor and exporter of jade.

Through this agreement, QYSB will be purchasing SheTai Jade. SheTai Jade is
sourced through JST's exclusive distribution right agreement with Wulateqianqi
XiKai Mining Co., Ltd. ("XiKai"), enabling JST to sell 90% of the raw jade
material produced from XiKai's SheTai Jade mine for the next 50 years. The
SheTai Jade mine's reserves are unique, in that they include some of the oldest
(formed approximately 1.8 billion - 2.4 billion years ago) jade ore found in
China and are considered to be of the highest quality in terms of rigidity and
relative size of its pieces. SheTai Jade is as hard as quartz, with a degree of
hardness between 7.1 and 7.3 on the Mohs scale, which is much higher than that
of most jade. In addition, SheTai Jade is abrasion resistant, smooth and highly
reflective. The green is pure and the gems are translucent, with a glassy
luster. Due to its characteristics, SheTai Jade has a broad spectrum of
applications. It can be used in commercial construction, decorative jade
artwork, as well as intricately carved jade jewelry.

Hua-Cai Song, CEO of Jade Art Group, remarked, "Jade Art Group has developed
quickly over the past several months. Our distribution right agreement with
XiKai provides us with a stable and long-term supply of jade from one of the
largest jade reserves in China. Jade Art Group's five sales agreements to-date
represent expected future sales of US$37.5 million. By signing this sale
agreement with QYSB, we have expanded our sales network to include PuTian city.
We plan to develop this relationship in the future by supplying enough jade
material to satisfy the region's large jade processing needs."




About Jade Art Group Inc.

Jade Art Group Inc., with the formation of Jiangxi SheTai Jade Industrial Co.,
Ltd., its wholly-owned subsidiary, is focusing its business-model on the
distribution of raw jade sourced from the SheTai Jade mine in China. This mine
has one of the largest jade reserves in China and is owned by XiKai, with which
Jade Art Group signed an agreement to acquire exclusive distribution rights to
sell 90% of the SheTai Jade produced from the mine for the next 50 years.
Several national jade experts have noted the perceived superiority of SheTai
Jade as compared to the other existing varieties of Chinese jade.

For more information, please visit: http://www.jadeartgroupinc.com

FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements.
Forward-looking statements include, but are not limited to, statements
concerning estimates of, and increases in, production, projected volume of
customer orders, performance by customers under existing and future agreements,
cash flows and values, statements relating to the continued advancement of Jade
Art Group's projects and other statements which are not historical facts. When
used in this document, the words such as "could," "plan," "estimate," "expect,"
"intend," "may," and similar expressions are forward-looking statements.
Although Jade Art Group believes that its expectations reflected in these
forward-looking statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results will be
consistent with these forward-looking statements. Important factors that could
cause actual results to differ from these forward-looking statements include,
but are not limited to, those set forth in our reports filed with the Securities
and Exchange Commission, together with the risks discussed in our press releases
and other communications to shareholders issued by us from time to time, such as
our ability to raise capital as and when required, the availability of raw
products and other supplies, competition, the costs of goods, government
regulations, and political and economic factors in the People's Republic of
China in which our subsidiaries operate.

Contact:

     Wanru Zhao
     Jade Art Group Inc.
     646-200-6328
     wzhao@jadeartgroupinc.com

     Darren Minton
     Winning IR Company, Ltd.
     212-823-0523
     darren.minton@winningir.com