BEIJING -- (Marketwire) -- 01/15/09 -- Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI) www.gdfbhk.com, the Company today announces that it has entered into an exclusivity agreement with Kaffee Badilatti of Switzerland; under this agreement GDHI will distribute via its wholesale and retail distribution chains the gourmet coffee lines that Kaffee Badilatti offers. These fine coffee blends are a unique collection of Jamaican Blue Mountain, Kona Hawaii Captain Cook, Kopi Luwak, Galapagos San Cristobal, and a fine blend of Espresso coffees.

Mr. Yglesias, CEO, states, "There is a unique high-end gourmet coffee niche in China, we feel that with the global experience of Kaffee Badilatti and our feet on the ground knowledge we can penetrate this market, and be the exclusive leaders in this high-end niche."

About Kaffee Badilatti

Kaffee Badilatti has a long tradition of roasting coffee, using the latest methods and paying the utmost attention to detail; they are blending and roasting top quality coffees of real character at the highest-altitude roaster in Europe. The popularity of the classical and special coffees enables them to respond to the special wishes of the consumers. For more information please go to: http://www.cafe-badilatti.ch

About Golden Dragon

Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI) is a publicly traded company that owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. (GDHK) in central Hong Kong and Beijing Flying Golden Dragon International Trading Co., Ltd in China (BFGD). Golden Dragon Holdings, Inc. has agreements with U.S. food manufacturers. GDHI acts as a buying agent for GDHK, negotiating vendor contracts and services with U.S. food and beverage industry partners. The Hong Kong Company plays a strategic role in the importation of products into the Chinese market by leveraging the Closer Economic Partnership Arrangement (CEPA) with China. Through this arrangement, Beijing Flying Golden Dragon International Trading Co., Ltd distributes some of the most popular U.S. food and beverage brand products directly into the hypermarkets, supermarkets and convenience stores in China. The Company is responsible for order fulfillment for its clients in China, as well as providing advertising and promotion (A&P) services for its U.S. food and beverage products.

Safe Harbor Statement

Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995.