Grand Power Logistics Group Inc.

Grand Power Logistics Group Inc.

March 20, 2007 13:18 ET

Grand Power Announces Closing of Private Placement

CALGARY, ALBERTA and HONG KONG, CHINA--(CCNMatthews - March 20, 2007) - Grand Power Logistics Group Inc. ("Grand Power" or the "Corporation",(TSX VENTURE:GPW) announces further to its press release issued earlier today on March 20, 2007, there was a typographical error in the announcement. The warrant exercise price should have read a price of $0.65 per share as opposed to $0.60 per share.

Forward-looking statements: Statements included in this press release that are not historical facts may be considered "forward looking statements". All estimates and statements that describe the Company's objectives, goals or future plans are forward looking statements. Forward-looking statements involve inherent risks and uncertainties where actual results could differ materially from those currently anticipated.

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

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