China Nutrifruit Signs Supply Contract with Cargill Shanghai

DAQING, China, Feb. 1, 2011 /PRNewswire-Asia-FirstCall/ -- China Nutrifruit Group Limited (NYSE Amex: CNGL) ("China Nutrifruit" or "the Company"), a leading producer of premium specialty fruit based products in China ("PRC"), today announced that the Company entered into a supply contract (the "Contract") with Cargill Trading (Shanghai) Ltd. ("Cargill Shanghai") to supply its fruit concentrate products.

Cargill Shanghai is an integrated part of Cargill, an international producer and marketer of food, agricultural, financial and industrial products and services. Pursuant to the Contract, China Nutrifruit will supply approximately 120 tons of fruit concentrate products to Cargill Shanghai in January 2011 at the prevailing market price. Cargill Shanghai will export China Nutrifruit's fruit concentrate products to Mongolia.

"This is our first contract to export our premium specialty fruit concentrate products overseas, reflecting growing market demand and acceptance of our products. Currently, we are performing the contract and are hopeful that this initial contract will lead to repeat supply orders in the future," commented Mr. Changjun Yu, Chairman of China Nutrifruit. "We expect that our new supply contract with Cargill Shanghai will enable us to develop a long term relationship with one of the leading and diversified businesses in agriculture services, agricultural products and food ingredients."

About China Nutrifruit Group Limited

Through its subsidiary Daqing Longheda Food Company Limited, China Nutrifruit, is engaged in developing, processing, marketing and distributing a variety of food products processed primarily from premium specialty fruits grown in Northeast China, including golden berry, crab apple, blueberry, seabuckthorn, blackcurrant and raspberry. The Company's processing facility possesses ISO9001 and HACCP series qualifications. Currently, the Company has established an extensive sales and distribution network throughout 17 provinces in China. For more information, please visit http://www.chinanutrifruit.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act""). Such statements include, among others, those concerning our supply contract with Cargill Shanghai, our ability to win repeat supply order and build long term relationship with Cargill Shanghai and expand our international customer base, our expectation regarding market reception of our products, our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results of the Company to differ materially from those anticipated, expressed or implied in the forward-looking statements. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those anticipated include risks related to new and existing products; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China; any statements of belief or intention; any of the factors mentioned in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended March 31, 2010, and other risks and uncertainties mentioned in our other reports filed with the Securities and Exchange Commission. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law.

SOURCE China Nutrifruit Group Limited