GLG Life Tech Limited
CNQ : GLGT

GLG Life Tech Limited

January 20, 2006 14:40 ET

GLG Life Tech's Principal Customer to Launch Advertising Program

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 20, 2006) - GLG Life Tech Limited (CNQ:GLGT) reports that it's principal customer, GLG International Health Products Chain Stores (the "Chain Store"), is preparing to build upon the success it achieved in 2005 by launching an advertising program in China. To assist, GLG Life Tech intends to advance up to US$500,000 pursuant to a loan facility agreement. Any funds loaned under the agreement will bear interest at prime plus one percent, will be unsecured and will be repayable upon demand.

All products carried in the Chain Store outlets, of which there were 428 as at December 31, 2005, must be approved by GLG Life Tech. Therefore, increased sales from the promotion of the Chain Store should have a positive impact on GLG Life Tech's revenues. A director of GLG Life Tech is the majority shareholder of the Chain Store.

On Behalf of the Board of Directors

Brian A. Palmieri, CEO & Treasurer

About GLG Life Tech Limited

GLG Life Tech is engaged in the distribution of various health and nutritional products which are sourced globally. The company's efforts are currently focused on China where it has been appointed the exclusive supplier of products for GLG Health Products Chain Store Limited. The company's subsidiary holds the exclusive right to distribute health and nutritional products under the name and image of Prof. Hong Zhao Guang, a recognized health expert in China.

WARNING: This news release contains forward-looking information. The reader is cautioned that assumptions used in the preparation of such information, although considered accurate at the time of preparation, may prove incorrect. The actual results may vary materially from the information provided herein. Consequently, there is no representation by the company that actual results achieved will be the same as those forecast.

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