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China-Biotics, Inc. Reports Fourth Quarter and Full Year Fiscal 2008 Financial Results
Date:7/10/2008

$2,845,734

Non-GAAP Net income FY 2008 FY 2007

Net Income (Loss) and Diluted EPS Net Income Net Income

Adjusted Amount $14,176,244 $10,904,986

Adjustments

Non-cash gains from change in

fair value of convertible bonds $3,366,000 --

Amount per consolidated statement of

operations $17,542,244 $10,904,986

For more information, please contact:

CCG Investor Relations

Crocker Coulson, President

Phone: +1-646-213-1915 (New York)

Email: crocker.coulson@ccgir.com


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SOURCE China-Biotics, Inc.
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