SOURCE: Arrow Resources Development, Inc.

March 05, 2007 10:08 ET

Arrow Pacific Receives Initial Land License

NEW YORK, NY -- (MARKET WIRE) -- March 5, 2007 -- Arrow Resources Development, Inc. (OTCBB: ARWD), announces that PT TIGA DAUN NUSANTARA, a wholly owned subsidiary of Arrow Pacific Resources Group Limited, has received a location license for an initial 72,750 hectares section of its 200,000 hectare site of critical land in the South Konawe regency of Indonesia to commence the development of the group's first eucalyptus/farming plantation operation.

About Arrow Resources Development, Inc. ("Arrow")

Arrow Resources Development, Inc. provides corporate operating structure, financial operations, sales and marketing activities and the administration of the corporate citizenship programs for natural resource development companies in the Asian market. Its initial relationship with Arrow Pacific Resources Group Limited (BVI company) is for the development of large-scale plantation/farming and mining operations in Indonesia and Papua New Guinea. Arrow has signed a similar agreement with Gerakan Masyarakat Pelestari Lingkungan Hidup (GMPLH), and GMPLH's joint venture partner, P.T. Eucalyptus Alam Lestari (owned by Arrow Pacific) for the large-scale plantation/farming in Indonesia. Arrow agreements entitle the Company to 10% of all gross revenue generated by all their partners' plantation/farming and mining operations including any and all sales of natural resources and derivative products (e.g. paper, pulp, chips).

Contact Information