Migao Corporation
TSX : MGO

Migao Corporation

December 22, 2008 10:45 ET

Migao Corporation Changes Fiscal Year End Reporting Period

TORONTO, ONTARIO--(Marketwire - Dec. 22, 2008) - Migao Corporation (TSX:MGO) announces it will change its fiscal year end to March 31 from the current fiscal year end of September 30.

The change in year end has been made to better align Migao's financial reporting, tax planning, and business cycles with customers and suppliers.

The change takes effect immediately and therefore Migao will report transitional fiscal 2009 financial results for the six-month period ending March 31, 2009. The first full fiscal period will be for the twelve months ended March 31, 2010.

Migao Corporation, through its wholly owned subsidiaries, owns and operates fertilizer production plants in various and strategic locations across China for the production and sale of specialty fertilizers to China's high value agricultural market. Migao Corporation is subject to, and complies with strict government regulations that govern safety, quality and environmental protection. Please visit www.migaocorp.com for further information.

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