Vitality Products Inc.TSXV: VPI

Vitality reports third quarter results and recent business developments

· Issued by Vitality Products Inc. via CNW

Trading Symbol: VPI

VANCOUVER, Dec. 29 /CNW/ - The financial results of the Company for its quarter ended October 31, 2006 show a net loss of $34,140 or $0.00 per share compared to a net loss of $28,570 or $0.00 per share for the same period last year.

Vitality management continue to work on obtaining new product numbers for condition-specific formulations for nutraceuticals they expect to introduce to the market in April 2007.

The effort to enter the ethanol production and distribution business continues with the objective of having a complete plan approved by the Board by February 2007.

The Company's financial statements and management's discussion and analysis for the nine months ended October 31, 2006 are available on the SEDAR website at www.sedar.com.

On behalf of the Board of

VITALITY PRODUCTS INC.

"William N. Grant" (signed)

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William N. Grant, President & CEO

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this release.

%SEDAR: 00005856E