ADVANCE AGREEMENT

                                ADVANCE AGREEMENT

      Party A(pound)(0)China Star Investment Management Co. LTd.
      Party B(pound)(0)Kiwa Bio-Tech Products (Shandong) CO. Ltd.

      The  Advance  Agreement  is signed on March 31, 2006 by both  parties,  to
clarify the following advance transactions:

      1. During  January to March 2006,  Party A advanced  an  aggregate  sum of
      RMB309,900  to Party B in China.  The  details of date and  amounts are as
      followed:

             -------------------------------------------------------------------
                      Date                                                 RMB
             -------------------------------------------------------------------
                   25-Jan-06                                         61,388.00
                   25-Feb-06                                        110,141.00
                   25-Mar-06                                        138,371.00
             -------------------------------------------------------------------
                      TOTAL                                         309,900.00
             -------------------------------------------------------------------

      2. Both  parties  agreed the  abovementioned  advances  (RMB309,900  (i.e.
      $38,655.36) in total) bear interest at 12% per annum starting from date of
      draw down. Party B agreed to settle the advances within 180 days since the
      date of draw  down.  It is agreed  that Party B has the option to repay or
      settle the advances on or before the expiry.

      3. Both  parties  agreed that Party B will issue to Party A warrants  that
      entitle Party A to purchase up to 193,276  shares of common stock based on
      the conversion  price  specified in Clause 4. Party A shall have the right
      to exercise the warrants within next 24 months.

      4. Conversion:  At the option and instruction of Party A, Party A shall