TSX: ABC

TORONTO, March 12, 2013 /CNW/ – Asia Bio-Chem Group Corp. (TSX: ABC)
today announced that it will release its fiscal 2012 annual results on
March 28, 2013 at approximately 3:00 PM Eastern Standard Time.

The Company will hold a conference call to discuss its annual results
hosted by Mr. Zhiping Wang, President and Chief Executive Officer, Mr.
Robert Wilson, Executive Vice President, and Ms. Elaine Zhao, Chief
Financial Officer. Details regarding the call are as follows:

In accordance with regulatory requirements, Asia Bio-Chem will file its
Annual Information Form as well as a Business Acquisition Report
relating to the acquisition of Tieling Wanshunda Starch Company prior
to March 31, 2013.

About Asia Bio-Chem Group Corp.
Asia Bio-Chem Group, through its wholly-owned subsidiaries in the
People’s Republic of China, is in the business of processing corn into
cornstarch, germ and gluten for sale into the domestic Chinese market.
From its plants in Liaoning and Heilongjiang Province, the Company has
a total processing capacity of 1.5 million tonnes of corn per year.

This news release contains certain statements that may be deemed
“forward looking statements”. Forward looking statements are statements
that are not historical facts and are generally, but not always,
identified by the words “expects,”, “plans”, “anticipates”, “believes”,
“intends”, “estimates”, “projects”, “potential” and similar
expressions, or that events or conditions “will”, “would”, “may”,
“could” or “should” occur. Although the Company believes the
expectations expressed in such forward looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance and actual results may differ materially from those in
forward looking statements. Forward looking statements are based on the
beliefs, estimates and opinions of the Company’s management on the date
the statements are made. The Company undertakes no obligation to update
these forward looking statements, except as required by law, in the
event that management’s beliefs, estimates or opinions, or other
factors, should change.

SOURCE Asia Bio-Chem Group Corp.