Jade Art Group Lowers Previous Fiscal 2008 Revenue and Earnings Guidance Company
Estimates Sales of $30 million, EPS of $0.17 to $0.19

NEW YORK and JIANGXI, CHINA, - Jade Art Group Inc. (OTCBB: JADA) (the
"Company"), a seller and distributor of raw jade sourced from the SheTai Jade
mine in China, today announced the release of lower guidance for fiscal year
2008. For the full year 2008, the Company is lowering previously announced
revenue to approximately $30 million and net income to $14-$15 million. Earnings
per share (EPS) for the year are now forecast to be within a range of between
$0.17 and $0.19. In November 2008, the Company provided revenue and net income
guidance of $32-$35 million and $21-$23 million, respectively. EPS was expected
to be between $0.26 and $0.29.

"Our lowered guidance results primarily from a decrease in sales due to
softening market conditions and an increase in sales expenses in the fourth
quarter," said Hua-Cai Song, Chief Executive Officer. "Despite the challenges we
experienced in 2008, including the June earthquake near the XiKai mine site and
the impact of the ongoing global economic downturn, we are proud of our
accomplishments over the past year."

Mr. Song continued, "Jade Art's goal is to develop SheTai jade into a recognized
brand, for use in decorative construction, art carving and high-end jewelry.
Management believes that the Company is well positioned for future growth."

About Jade Art Group Inc.

Jade Art Group Inc. is a seller and distributor in China of raw jade, ranging in
uses from decorative construction material for both the commercial and
residential markets to high-end jewelry. On January 17, 2008, the Company
entered into an Exclusive Distribution Rights Agreement with Wulateqianqi XiKai
Mining Co., Ltd. ("XiKai Mining"). Under the exchange agreement, XiKai Mining
committed to sell to the Company 90% of the raw jade material produced from its
SheTai Jade mine, located in Wulateqianqi, China, for a period of 50 years. Our
goal is to meet China's increasing demand for jade and to eventually vertically
integrate our raw jade distribution activities. For more information, please
visit: 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, including timely payment, 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, our ability to pay notes and obligations when due, the possibility
that our customers and other third parties will be unable to make timely
payments, 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