America Asia Corp. Projects Major Increases in Its 2005 China Road Development Project

OLD SAYBROOK, Conn., Nov. 10, 2004 -- America Asia Corp. -- China is presently at a stage in their in road construction that the USA was in 1960. As China moves towards capitalism, it also becomes the world's largest market allowing the right company and product to enter the market and capitalize on its growth. America Asia Corp. with its -- SAB -- road construction/road development product and its LOI commitments from Shandong province recognizes this opportunity. China intends to become an automobile based economy and with a population of 1.2 billion and a middle class of 127 million, putting road construction/development at the forefront of their national expansion. The central government (Beijing) with its 5-year plan of $10.8 billion USD proposes to develop a highway system of 3.5 million kilometers throughout China. This will include new roadway systems between 45 thousand villages and major economic centers. It will upgrade their rural road systems, tunnels and bridges. The primary road construction material used is asphalt with binders. America Asia Corp's SAB asphalt binder is expected to be put to major use in the China road projects.

America Asia Corp., an American Corporation with US headquarters in Old Saybrook, Connecticut, and China headquarters in Shanghai, specializes in marketing consultation, project management, and road construction, in the USA and Asia Pacific markets. Their new road construction product in China -- SAB -- an asphalt binder makes roads last longer and have more durability. With over a half-century of experience in the International, USA, and China markets, their clients include Westinghouse/CBS, Star Building Systems, and Ford Motor Company with projects in retail, manufacturing, and road and building construction. ASCP was one of the first U.S. companies to open the China market for American products and services, selling products to over 350 million people. America Asia Corp. goal is to become one of the leaders in China's road construction industry.

America Asia Corp. is estimating a 16 million dollar increase in China road construction development in 2005 that translates into significant increases in company profits.

Disclaimer -- This release contains forward-looking statements within the meaning of the federal securities laws and regulations and case law thereunder. Accordingly, America Asia claims the benefits, protections and immunities provided by said laws and regulations applicable to forward-looking statements.