Annual report

30 Jun 2008 10:07



For Immediate Release

30 June 2008

GREEN DRAGON GAS LTD.

("Green Dragon" or the "Company")

Annual Report

Green Dragon Gas Ltd. (AIM:GDG), the Chinese coal bed methane business, today announces that its annual report and accounts for the year ended 31 December 2007 has been sent, together with a notice of AGM, to shareholders and is available on the Company's website.

For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:

Randeep S. Grewal / Betty Cheung

Green Dragon Gas +852 37100168

Tim Thompson / Nick Melson / Susanna Gale

Investor Relations, Buchanan Communications +44 20 7466 5000

Dr Azhic Basirov / David Jones

Nomad & Broker, Smith &Williamson +44 20 7131 4000

Tim Redfern

Broker, Evolution Securities +44 20 7071 4300