AQUAGOLD International, Inc. Announces $118 Million in Sales From First Consolidated Sales Contract

LAS VEGAS, NV and MONTREAL today proudly announces revenue details pertaining to its first announced consolidated sales contract. Following the announcement of partnership with WOLONG HOLDINGS, which now acts as distributor for AQUAGOLD's premium spring water products in China, AQUAGOLD today reveals details of its 8-year sales agreement. AQUAGOLD has proceeded with an initial consolidation of orders stemming from end users at the retail level. This consolidation results in a primary sales contract representing slightly fewer than 17 million cases of product for total revenue of $118 million dollars. The initial purchase orders and means of payment tied in with this contract are currently being finalized.

Daniel Sauvé, AQUAGOLD's President and CEO, stated, "It is a pleasure to begin to release the highly anticipated details of our business. Our mission is to become the imported water of choice in China. With our strong relationships in China we have the necessary support and marketing structure to make this happen. These sales represent the first numbers of a larger picture soon to be seen by all. This picture is one of a company that works hand in hand with local partners from the ground up and understands what it takes to make AQUAGOLD's brand one of the most recognized in China."

About AQUAGOLD International, Inc.

AQUAGOLD International, Inc. has developed a national network of retailers and points of sale in preparation for the highly anticipated launch of its line of premium spring water products in China. In 2005, sales of bottled water in China experienced strong growth of 16% (litres) and 15% (RMB/$) to reach 11.2 billion litres and RMB24.1 billion or $3.17 billion USD in volume and current value terms.

AQUAGOLD is actively pursuing additional growth and is focused on growing market share in China as well as the rest of Asia, and the Company anticipates even more substantial opportunities in the near future as the Chinese capital city of Beijing hosts the 2008 Olympic Summer Games.

About Eric David & Sons, Inc.

Specializing in investor relations, Eric David & Sons, Inc. is a financial management, marketing and consulting firm that retains as clients only those who are perceived to offer unusual products or services with the potential to command a dominant position in their respective industry/marketplace and publicize companies with unique products services offerings whose stock is undervalued in relation to their long-term earnings potential.

Forward-Looking Statements

This news release contains forward-looking statements made by AQUAGOLD International, Inc. in reliance upon the safe harbour provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.

Contact Eric David & Sons, Inc Investor Relations / Public Relations Steven Weiss 609-529-3671 Email Contact or AQUAGOLD International, Inc. Daniel Sauvé CEO 514-886-9079