--"The Hampton Report" announced today that it has published its research report providing detail and insight into China Premium Food Corporation's (OTCBB:CHPF) businesses and future, including its recently announced B2B Food portal for China. You can see the full report by going to www.TheHamptonReport.com/CHPF2.htm.

The Hampton Report is a publication created to bring information about under-valued companies directly to the desktops of individual investors.

China Premium Food Corporation (OTCBB:CHPF), a Delaware corporation, is in the business of producing and distributing dairy and non-carbonated beverage products and snack foods in the People's Republic of China. By June 30, 2000 the company will have completed the acquisition of Mandarin Fine Foods, the No. 1 importer of these products into China, and will be poised to become a major distributor of high quality and gourmet food and beverage products to four- and five-star hotels in that country.

CHPF also holds a Master License from Warner Brothers to use American icons such as Bugs Bunny, Tweety Bird and Sylvester to create a Looney Tunes(TM) brand for China. China Premium Food Corporation's web site address is www.chinapremiumfood.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.