AQUAGOLD International, Inc. (PINKSHEETS: AQUI) Announces Sales Contract With Lianhua Supermarket Holdings Co., Ltd., Owners of

LAS VEGAS, NV and MONTREAL today is proud to announce that China's largest supermarket chain and largest "fast-moving" consumer goods chain, LIANHUA Supermarket Holdings Co., Ltd. (www.lhok.com.cn), has been introduced into AQUAGOLD's products network of sales. LIANHUA Supermarket, established in 1991 in Shanghai, rapidly grew to over 3700 points of sale, excluding outlets operated by associated companies, spanning 20 provinces and municipalities across China. LIANHUA Supermarket and its subsidiaries operate three main types of retail outlets, namely hypermarkets, supermarkets and convenience stores, catering for the diverse needs of consumers. The three retail forms continue to expand and develop under the brand names of "Century Mart," "LIANHUA Supermarket" and "LIANHUA Quik."

Daniel Sauve, AQUAGOLD's President and CEO, says, "This is the beginning of the previously announced sales contracts starting to unfold before us. Today marks the commencement of an exciting time and growth stage in AQUAGOLD's history."

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% (liters) and 15% (RMB/$) to reach 11.2 billion liters 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 EricDavid & Sons, Inc.

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Forward-Looking Statements

This news release contains forward-looking statements made by AQUAGOLD INTERNATIONAL, INC. in reliance upon the safe harbor 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 EricDavid & Sons, Inc Investor Relations / Public Relations Steven Weiss 609-529-3671 Email Contact or AQUAGOLD International, Inc. Daniel Sauvé CEO 514-886-9079