EastBridge Investment Group to Acquire Three Additional Companies

PHOENIX, AZ--(Marketwire - February 02, 2009) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced it has reached agreements to acquire a controlling stake in three companies in China with EBIG's preferred stock. The transactions will close in ninety days, subject to EBIG's accounting and legal due diligence. Two companies are in the ship building and pharmaceutical industries. The third one is a diversified holding company. Their net incomes range from one to two million dollars per year.

Norm Klein, COO/CFO of EastBridge, said, "These candidates are three medium-sized companies located in Zhejiang, China, approximately two hours from Hangzhou's West Lake area. They have all been in business for more than five years. We plan to spin off our majority held companies as separate public companies as soon as their managements are prepared to do so. EastBridge will retain equity stakes in their public stocks."

Keith Wong, CEO of EastBridge, commented, "Just like America and Europe, Asia is facing a severe liquidity crunch as well. Asian companies are again looking to the overseas' stock markets to raise capital. We are seeing a surge in inquiries for our United States' IPO service from our Chinese contacts. We expect to see a very busy 'Year of the Ox' for EastBridge in the areas of IPO and acquisition opportunities."

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience and food retail distribution. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com.

Forward-Looking Statements

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