December 2, 2003

China Eternal Technologies Announced Details Of Lamb Meat Sales To Saudi Arabia

Eternal Technologies, Inc. yesterday announced details of its significant sale of lamb meat to a major distributor in Saudi Arabia.  Eternal has already slaughtered 100,000 sheep for the contract and the first batch of 1,000 tons
of lamb meat will be delivered in one week.

The total contract is for Eternal to deliver 2,000 tons of lamb meat this calendar year; the production scheduled to be completed by mid-December.  The meat will be sold for US$2,440 per ton and will generate revenue of US$5.88 million and a net profit of US$1.6 million.
   

The plant processing has over twenty years of experience in the production of cattle and sheep that meet Islamic standards.  The Middle East region is one of the main consumers of lamb meat in the world and Eternal anticipates
additional large scale contracts to follow from this region.  The processing plant has the capacity to freeze 200 tons of meat every 24 hours, giving Eternal ample capacity to grow to meet market demand.

About Eternal Technologies
   

Eternal is a major agricultural genetics and biopharmaceutical R&D firm operating in China with the support of the Chinese Government. Eternal's animal breeding and human medicines divisions have a strong asset base, cash
position and net income. In 2002, Eternal had $12,640,964 in revenues, gross profit of $9,888,153, net profit of $6,812,484 and a cash position of $7 million.
   

Eternal is currently one of China's leading institutions for biopharmaceutical and biotech research, pure breed cultivation and breed stock production. The Company has secured a key market niche by commercializing gene
engineering technologies and providing superior breeding stock, allowing China's citizens the ability to improve their living standards.
   

With the world's largest population, a double-digit national growth rate and entry into the WTO, Eternal Technologies has a playing field set for tremendous opportunity. As the dominant player in the agricultural genetics industry, cash in the bank and an untapped market, Eternal has the potential to become a major player in China's national growth.