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Press release from Marketwire

Migao Announces Changes To Board of Directors

Monday, March 12, 2012

Migao Announces Changes To Board of Directors16:00 EDT Monday, March 12, 2012TORONTO, ONTARIO--(Marketwire - March 12, 2012) -Migao Corporation (TSX:MGO), today announced the appointment of Ms. Karina Kuzmak-Bourdet to the Board of Directors. The appointment is effective immediately.Since 2000, Ms. Kuzmak-Bourdet has worked for France's Roullier Group, a private company focused on fertilizer, professional hygiene, and animal nutrition. In 2004, she joined Rouillier Group's Compagnie Financière et de Participations Roullier, and is currently President of VITAS, a Roullier Group company, which is similarly focused on the development and commercialization of fertilizer, professional hygiene, and animal nutrition. Ms. Kuzmak-Bourdet is on the Board of Directors of SQM VITAS, a joint venture company formed between Sociedad Quimica y Minera de Chile S.A. (SQM) and VITAS. She also sits on the Boards of several Spanish companies. Ms. Kuzmak-Bourdet is based in France and is fluent in English, French, Spanish, and Portuguese. Compagnie Financière et de Participations Roullier owns 10.3% of Migao's common shares. The Company also announces the resignation of Mr. Michael Manley from the Board of Directors, effective today. "On behalf of the Board of Directors, and personally, I would like to express my appreciation to Michael for the years of service and dedication he provided to Migao and our shareholders," said Mr. Liu Guocai, CEO of Migao. About Migao Migao Corporation, through its wholly owned subsidiaries, owns and operates fertilizer production plants in various strategic locations across China for the production and sale of specialty potash fertilizer (potassium nitrate and potassium sulphate) to China's agricultural market. Migao Corporation is subject to, and complies with strict government regulations that govern safety, quality and environmental protection. Migao's Sichuan facility is ISO 14001 certified, an international environmental management standard. Please visit www.migaocorp.com for further information.To be added to Migao's email distribution list for news releases or to be removed from the list, please send a request to info@migaocorp.com. FOR FURTHER INFORMATION PLEASE CONTACT: Jay HusseyMigao CorporationVice President Corporate Finance416-869-1108 ext. 104jay.hussey@migaocorp.comORRandall SmallboneMigao CorporationChief Financial Officer416-869-1108 ext. 103randall.smallbone@migaocorp.comwww.migaocorp.com