China Botanic Appoints Jack Zhao as Independent Director

           China Botanic Appoints Jack Zhao as Independent Director

PR Newswire

HARBIN, China, Jan. 24, 2013

HARBIN, China, Jan. 24, 2013 /PRNewswire/ -- China Botanic Pharmaceutical Inc.
(NYSE AMEX: CBP) ("China Botanic" or the "Company"), a developer, manufacturer
and distributor of botanical products, bio-pharmaceuticals and Traditional
Chinese Medicines ("TCM") in China, today announced the appointment of Mr.
Jack Zhao as a member of the Company's Board of Directors. Mr. Zhao will serve
as an independent director, the Chairman of the Board's Audit Committee, the
Audit Committee Financial Expert, and as a member of the Company's
Compensation and the Nomination Committees.

Mr. Zhao, 31, has served as the cash management manager at Dreyfus Commodities
(BJ) Trading Co., Ltd. since May 2012. Before that, he was employed as a
finance manager with Glencore China Ltd. and as a transactional banking
manager with Standard Chartered Bank (China) Ltd. He graduated with a Master's
Degree in Finance from the University of International Business and Economics
Beijing in 2006 and he also received a Bachelor's Degree in Economic
Information Management from the University of International Business and
Economics Beijing in 2004. Mr. Zhao has also held the CFA (Chartered Financial
Analyst) charterholder designation since September 2011.

"We look forward to working with Mr. Zhao to further improve our financial
management and internal controls while implementing best practices as a public
company.In addition, we believe that Mr. Zhao's joining the Board will enable
us to regain compliance with Section 803(B)(2)(a)(iii) of the NYSE MKT LLC
Company Guide, which requires that at least one member of the Audit Committee
be financially sophisticated," commented Mr. Shaoming Li, Chairman and CEO of
China Botanic.


China Botanic Pharmaceutical Inc. is engaged in the research, development,
manufacturing, and distribution of botanical products, bio-pharmaceutical
products, and traditional Chinese medicines ("TCM"), in the People's Republic
of China. All of the Company's products are produced at its three
GMP-certified production facilities in Ah City, Dongfanghong and Qingyang. The
Company distributes its botanical anti-depression and nerve-regulation
products, biopharmaceutical products, and botanical antibiotic and OTC TCMs
through its network of over 3,000 distributors and over 70 sales centers
across 24 provinces in China. For more information, please visit

Safe Harbor Statement

This press release contains certain statements that may include
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements are based upon management's
beliefs, assumptions and expectations of the Company's future operations and
financial performance, taking into account the information currently available
to management. These statements are not statements of historical fact.
Forward-looking statements involve risks and uncertainties, some of which are
not currently known that may cause actual results, performance or financial
condition to be materially different from the expectations of future results,
performance or financial condition expressed or implied in any forward-looking
statements. These forward-looking statements are based on current plans and
expectations and are subject to a number of uncertainties including, but not
limited to, the Company's ability to manage expansion of its operations
effectively, and other factors detailed in the Company's annual report on Form
10-K and other filings with the Securities and Exchange Commission. The
Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. You are cautioned not to unduly rely on such
forward-looking statements when evaluating the information presented herein.

Company Contact:                  CCG Investor Relations:
China Botanic Pharmaceutical Inc. Mr. Mark Collinson, Partner
Ms. Portia Tan, IR Contact        Phone: +1-310-954-1343 (Los Angeles)
Tel: 86-451-8260-2162             Email:
Email:            Website:

SOURCE China Botanic Pharmaceutical Inc.

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