SOURCE: Dixon, Perot & Champion Inc.

November 20, 2007 10:51 ET

Dixon, Perot & Champion Announce Expansion of Drilling Projects in Northern China

NEW YORK, NY--(Marketwire - November 20, 2007) - Dixon, Perot & Champion Inc. (PINKSHEETS: DXPCF) announced that the Company will begin drill testing on its 519-11 property located in Northern China. The 519-11 Shandong Extension is located in the same vicinity as the 519 China project. It is the Company's intention to identify whether the 519-11 kimberlite pipe extends into and is a part of the 519 pipe utilizing a ground magnetomer electromagnetic survey. The kimberlite occurrence is a 2.5 to 3.5 metre wide vertically oriented kimberlite dike. To date, the dike has been traced on surface over a distance of approximately 750 metres. A connection between the 519 pipe and the 519-11 pipe would quadruple the tonnage to approximately 600 tonnes and substantially extend the mini bulk sampling. Management will report findings as soon as testing has been concluded.

About Dixon, Perot & Champion Inc.

Dixon, Perot & Champion Inc. is a leader in the gemstone and diamond industry. We specialize in receiving uncut gemstones and diamonds from the mines and creating exquisite finished products. The goal of Dixon, Perot & Champion Inc. is to continue to successfully lead the industry in processing Colombian emeralds as well as other gemstones. After much research, we have developed an outstanding process for gem cutting and cleaning. We also pride ourselves in the honesty and integrity in which we conduct our business. Dixon, Perot & Champion Inc. continues to stay on the cutting edge of the gemstone and diamond industry by ongoing research and technological innovation. Dixon, Perot & Champion Inc. continues to stay on the cutting edge of the gemstone and diamond industry by ongoing research and technological innovation. As a result, we are able to present the customer with a greater selection of quality investment grade diamonds and gemstones that should provide an accruing return on investment.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

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