Asia Now Grants Options to Employees and Announces Resignation of James Borland

TORONTO, ONTARIO--(Marketwire - Feb. 7, 2008) - Asia Now Resources Corp. (TSX VENTURE:NOW) announces that Mr. James Borland has resigned as Executive Vice President of the Company effective January 31, 2008, due to his increased commitments to other organizations. Jim has been a part of the Asia Now team for over four years; the Company is grateful to him for his contributions and wishes him the best in his future endeavours.

The Company has also granted to certain of its employees incentive stock options to purchase up to an aggregate of 250,000 common shares of the Company exercisable on or before January 03, 2013, at a price of $0.75 per share. These options are granted in accordance with the Company's stock option plan and are subject to approval by the TSX Venture Exchange.

About Asia Now Resources:

Asia Now Resources Corp. is a Canadian mineral exploration company focused solely on projects in the People's Republic of China. To learn more about Asia Now Resources, please visit our web site at www.asianow.ca.

Shares Outstanding: 50,352,224

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