ONA Energy Welcomes Mahmoud Aziz to the Board

ONA Energy Inc. pleased to announce that Mahmoud Aziz has joined the Board of Directors of the Company.

Mr. Mahmoud S. Aziz is President & CEO of SinoPharm Inc. and Sino Pharmaceuticals Corporation. In addition, he is the Chairman and President of The Fazio Group of Companies, a well established and diversified multinational organization, comprising 32 companies, which is actively engaged in diverse manufacturing, international trade, shipping & transportation, bonded warehousing & distribution, real estate construction & development, ship-building, bio-fuels & alternative energy development, venture capital and financial investments. With headquarters in Hong Kong and regional offices and operations in 18 countries, covering four continents, The Fazio Group employs over 4,800 people worldwide.

Having lived in China for twelve years and conducted business there since 1983, Mr. Aziz brings to ONA substantial Chinese business experience and knowledge. He has established four successful joint-ventures in China, in addition to the development and construction of a 68 storey office/residential/commercial plaza in Shenzhen, China. In 2001, he was awarded the Foreign Expert's Award for his services, contribution and expertise to China.