New Dragon Asia Corp. to Announce Results for Second Quarter and First Half of Fiscal 2006 on August 8, 2006


SHENZHEN, China, Aug. 1, 2006 (PRIMEZONE) -- New Dragon Asia Corp. (AMEX:NWD), one of China's leading producers of instant noodles, flour-related products and soybean powder, will announce its financial results for the second quarter and first half of fiscal 2006 on Tuesday, August 8, 2006.

Following the announcement, Mr. Peter Mak, Chief Financial Officer will host a conference call on August 8 at 10:00 AM (New York) / 3:00 PM (London) / 10:00 PM (China) to review the results.

Mr. Mak stated, "I look forward to informing the market about our Company's financial and operational progress during the second quarter and first half of fiscal 2006."

The conference call will also be available via webcast at: http://www.irconnect.com/nwd/pages/news.html, and will be archived on the Company's website for one year.

The dial-in information for the call is as follows:


 In North America:
 Dial-in: +1 718 354 1157
 Replay: +1 718 354 1112
 Passcode: 2954163

 In Europe:
 Dial-in: +44 (0)20 7365 1832
 Replay: +44 (0)20 7806 1970
 Passcode: 2954163

 In Asia:
 Dial-in: +81 (0)3 3570 8241
 Replay: +81 (0)3 3570 8212
 Passcode: 2954163

The replay will be available for one week following the conclusion of the live call.

About New Dragon Asia Corp.

New Dragon Asia Corp., a Florida corporation (AMEX:NWD) is headquartered in Shandong Province, China and is engaged in the milling, sale and distribution of flour and related products, including instant noodles and soybean-derived products, to retail and commercial customers. As the fourth largest instant noodle manufacturer in China, New Dragon Asia markets its well-established Long Feng brand through a network of more than 200 key distributors and 16 regional offices in 27 Chinese provinces with an aggregate production capacity of approximately 195,000 tons of flour and more than 1.1 billion packages of instant noodles per year. Instant noodles are also exported to a growing number of countries. For more information, visit the Company's website at www.newdragonasia.com.



            

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