Fufeng Group Limited — Earnings Release 2008

Oct 30, 2008

Fufeng Group Limited 阜豐集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 546)

ANNOUNCEMENT UNDER RULE 13.09 OF THE LISTING RULES

The Board wishes to inform the shareholders of the Company and investors that based on its preliminary unaudited management accounts, the Group’s net profit for the nine months ended 30 September 2008 is expected to be over RMB150 million, which is over 3 times of the Group’s profit attributable to the shareholders for the year ended 31 December 2007.

Shareholders of the Company and investors are advised to exercise caution when dealing in the shares of the Company.

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board of the directors (the “ Board ”) of Fufeng Group Limited (the “ Company ”, and together with its subsidiaries, the “ Group ”) wishes to inform the shareholders of the Company and investors that the Group’s unaudited profit attributable to the shareholders for the nine months ended 30 September is expected to be over RMB150 million, which is over 3 times of the Group’s profit attributable to the shareholders for the year ended 31 December 2007, which is mainly due to the continued improvement in the business environment of its MSG segment, which led to the increases in average selling prices and gross profit margin of our MSG segment products; and the increase in sales of its xanthan gum segment products. For information purpose, the Group’s unaudited profit attributable to the shareholders for the six months ended 30 June 2008 was around RMB85.9 million and the Group’s audited profit attributable to the shareholders for the year ended 31 December 2007 was approximately RMB45.0 million.

This announcement is derived from the preliminary calculations of the Company’s management based on the Company’s management accounts.

Shareholders of the Company and investors are advised to exercise caution when dealing in the shares of the Company.

By order of the Board Fufeng Group Limited Li Xuechun Chairman

Shandong, the PRC 30 October 2008

As at the date of this announcement, the executive directors of the Company are Mr. Li Xuechun, Mr. Wang Longxiang, Mr. Wu Xindong, Mr. Yan Ruliang, Mr. Feng Zhenquan, Mr. Xu Guohua, Mr. Li Deheng, Ms. Li Hongyu and Mr. Gong Qingli and the independent non-executive directors of the Company are Mr. Choi Tze Kit, Sammy, Mr. Chen Ning and Mr. Liang Wenjun.