China Organic Agriculture, Inc. (OTCBB: CNOA), a diversified food products company capitalizing on China's consumer revolution, announces the availability of its first quarter 2009 financial results.

China Organic�s Form 10-Q was filed on May 26, 2009. Although this report was filed after the requested 5-day extension deadline, FINRA removed the �E� that had been appended to its symbol since CNOA filed its 10-Q within the 30-day grace period.

Due to the fact that China Organic�s ErMaPao subsidiary was sold in 2008, standard accounting procedures dictate that many figures for 2008 have been subsequently adjusted and consolidated to discontinued operations. Consequently, comparisons to year 2008 for many numbers may not be practical.

Revenue for continuing operations in the first quarter 2009 was $36.7 million compared with revenue of zero for continuing operations in the comparable period of 2008. Net income for the first quarter 2009 was $3.9 million representing a three-fold increase compared to $1.0 million for the first quarter of 2008. Lastly, earnings per share increased to $0.05 per diluted share compared to $0.02 per diluted share for the comparable period of 2008.

�China Organic is pleased to deliver the results for the first quarter of 2009,� said Jinsong Li, Chief Executive Officer. �With our Company�s continual adjustments to operational strategy and enhanced focus on agricultural trading, China Organic has posted strong gains in the first quarter for revenue, net income, and EPS. We apologize to our shareholders for the 10-Q taking longer than expected, however, since we filed within the 30 day grace period we were able to successfully revert our ticker symbol to CNOA.�

Select consolidated figures are presented below. For full figures, please reference China Organic�s Form 10-Q filing (click here), located on the SEC�s website:www.sec.gov

About China Organic Agriculture

China Organic Agriculture is a diversified food products company capitalizing on China�s increasing domestic demand for premium products.

The Company sells to a limited number of distributors in China, which it will seek to leverage for increased market penetration in agricultural, food and related premium products. For more information, please visit: www.chinaorganicagriculture.com.

FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning future acquisitions, estimates of, and increases in, production, cash flows and values, statements relating to the continued advancement of China Organic Agriculture�s products and other statements which are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may," and similar expressions denote forward-looking statements. Although China Organic Agriculture Inc. believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include, but are not limited to, those set forth in our reports filed with the Securities and Exchange Commission, together with the risks discussed in our press releases and other communications to shareholders issued by us from time to time, such as our ability to raise capital as and when required, the availability of raw products and other supplies, competition, the costs of goods, government regulations, and political and economic factors in the People's Republic of China in which our subsidiaries operate.

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China Organic Agriculture, Inc.

Selected Consolidated Statements of Operations

(in millions, except per share amounts)

� (unaudited)

Three Months Ended

March 31,

2009 2008 � Sales $ 36.7 $ - Cost of sales (28.3) - Selling, general and admin expenses (0.4) - Income from operations 8.0 - � Other operation income 0.6 Interest expense (0.2) - Minority interest (2.5) Provision for income taxes (2.1) - � Net income from continuing operations 3.9 - Net income from discontinued operations - 1.0 � Net income(loss) $ 3.9 $ 1.0 � Basic and diluted earnings per share $ 0.05 $ 0.02 � Basic weighted average shares 73.2 51.5 Diluted weighted average shares 74.5 51.5 �

NOTE: The above numbers may not total due to rounding.

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China Organic Agriculture, Inc.

Selected Consolidated Balance Sheet Items

(in millions)

� (unaudited)

March 31,

2009

(audited)

December 31,

2008

� Cash and cash equivalents $ 6.7 $ 7.3 Restricted cash 28.2 Accounts receivable, net 30.6 26.4 Inventory 3.4 4.5 Consideration receivable 8.7 8.7 Other receivables and prepayments 0.5 0.1 Acquisition deposits 2.6 2.6 Property, plant & equipment, net 14.5 14.5 Total current liabilities 38.6 13.4 Total long-term debt 8.1 8.2 Total stockholders� equity $ 52.5 $ 48.5 �

NOTE: The above numbers may not total due to rounding.

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Selected Consolidated Cash Flow Items

(in millions)

� (unaudited)

Three Months Ended

March 31,

2009 2008 � Net cash provided (used) by operating activities $ (27.9 ) � $ 2.1 Purchase of property, plant & equipment - (14.6 ) Net cash provided (used) by financing activities 27.3 14.7 Effective exchange rate changes - 0.5 Net change in cash and cash equivalents $ (0.6 ) $ 2.7 � �

NOTE: The above numbers may not total due to rounding.