Business Update

The Company’s plans, operations, and in particular the ability to raise funds, have been significantly adversely affected by the geopolitical tensions between the US and China, so we are delighted by this weeks’ announcements of an easing in the tensions between the US and China, as well as agreements between the US and other Asian nations, and China and the rest of Asia.

With stability returning, the Company is now pushing forward with its revised plans to take advantage of the opportunities arising from the changed political environment; shifts in global production, consumption, economics and demographics; and rapid advances in technology impacting the way we work, produce and consume.

The Company is focusing on the opportunities arising from:

·       The shift of production from China to other parts of the world, in particular Africa, South East Asia, India, Latin America and Central and Eastern Europe.

·       Changes in logistics and financial and payment systems, associated with the shift in production and consumption, with opportunities across trading routes including Central Asia, SE Asia, the Caribbean, Latin America, Sri Lanka;

·       Shifts in energy and resource use, including minerals, water and land, as a result of changes in technologies, regulations and climate.

The Company believes that these disruptions present opportunities, and is in discussions with potential investors to provide funding to the Company to put it in a position to look to take advantage of these opportunities.

Your attention is drawn to the Forward Looking Statement notice below, which is an integral part of this news release, and should be read in conjunction with this news release. For further information, please email info@newclimategroup.com

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.