Canadian Junior Mining Company Strikes Strategic
Partnership with the ‘Rothschilds of the Pacific’

FOR IMMEDIATE RELEASE                                                                                                 
TSX-V: NOW

April 28, 2008                                                                                              
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Asia Now Resources Corp. (“Asia Now”) (TSXV: NOW) is pleased to announce that we have signed a memorandum of understanding to establish a strategic exploration and mining partnership with Yunnan Dasheng Investment Co. Ltd., a subsidiary of the Lippo Group.

The Lippo Group is a $12-billion Asian financial conglomerate that has been frequently compared in mainstream international press to the famous Rothschild empire.

Under this memorandum of understanding, Asia Now would use its technical expertise to identify, investigate, explore and develop mineral projects in various parts of China and elsewhere around the globe. Lippo Group through its subsidiary companies would provide corporate and financial support for the development of the selected projects.

Initially, Lippo Group would provide US$10 million to Asia Now through private placements in 2008.
“We are excited about the future of the strategic partnership with the Lippo Group, a large financial corporation with a sound background in mainland China and Hong Kong,” said Asia Now President, Kaihui Yang.

“With this financial support, we will be able to deliver much more in mining development in China,” Mr. Yang added.

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.

About Lippo Group
Lippo Group is a multi-billion dollar asset based and revenue conglomerate with over ten thousand employees. The company has offices in China mainland, Hong Kong and Macau, Australia, Indonesia, Philippines, and Singapore. Lippo Group has a team of qualified and experienced professionals who have a proven track record in their respective areas of business activities. Lippo Group believes in networking and sustaining long term relationships with its’ partners. With its resources and capabilities, Lippo Group is set to move forward with its partners, and take advantage of the opportunities in the Asia Pacific Economy.

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