CBM Asia Development Corp.
TSX VENTURE : TCF
FRANKFURT : IY2
OTC Bulletin Board : CBMDF

CBM Asia Development Corp.

April 23, 2009 20:36 ET

CBM Asia Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 23, 2009) - CBM Asia Development Corp. (the "Company") (TSX VENTURE:TCF)(OTCBB:CBMDF)(FRANKFURT:IY2) announces that it has granted incentive stock options to certain consultants to purchase up to a total of 500,000 common shares at a price of $0.28 per share. The options are exercisable for a period of two years.

CBM Asia Development Corp. is engaged in the business of investigating and acquiring the rights to coalbed methane exploration in Indonesia, followed by the development and delivery of this valuable resource.

ON BEHALF OF CBM ASIA DEVELOPMENT CORP.

Alan T. Charuk, President & CEO

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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