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Dragon Jade International Limited (OTCBB: DGJI) announced today that the company has entered into an agreement with United Century Holdings Limited, a British Virgin Islands Corporation, to acquire 100% of the issued and outstanding shares of United Century Holdings Limited in a share exchange whereby Dragon Jade International Limited will issue 2,031 shares of Dragon Jade International Limited restricted common stock for one share of United Century Holdings Limited. The agreement has been approved by all of the shareholders of United Century Holdings Limited and Dragon Jade International Limited by majority shareholder consent in lieu of a meeting.

The agreement was signed on August 31, 2012 by the Companies with the approval of the Board of Directors. The agreement provides for 10 working days to administer the share exchange which will result in United Century Holdings Limited to exchange 9,849 shares of United Century Holdings Limited for 20,003,319 shares of Dragon Jade International Limited, representing approximately 40% ownership of Dragon Jade International Limited committed and issued and outstanding shares of common stock.