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Lotus Pharmaceuticals Announces Second Quarter 2008 Results
Date:8/18/2008

> amortization of debt issuance costs of $162,029, amortization of debt

discount of $208,355 and amortization of discount on convertible

redeemable preferred stock of $338,838; Non cash debt financing costs

for the first half year 2007 includes amortization of debt issuance

costs of $88,020 amortization of debt discount of $433,735.

For more information, please contact:

Lotus Pharmaceuticals, Inc.

Mr. Adam Wasserman, CFO

Tel: +1-877-801-0344

Email: info@LotusEast.com

Web: http://www.lotuseast.com

CCG Investor Relations Inc.

Mr. Crocker Coulson, President

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

Email: crocker.coulson@ccgir.com

Web: http://www.ccgir.com


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SOURCE Lotus Pharmaceuticals, Inc.
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