Mr. John Costigan reports

ELECTRA ENTERS INTO JADE MARKETING AND DISTRIBUTION ARRANGEMENT WITH SILK ROAD COMMODITIES EXCHANGE

Electra Stone Ltd. has entered into a distribution arrangement with Silk Road Commodities Exchange, a jade and cultural products company with producing nephrite jade assets in China. Under the terms of the arrangement, Silk Road will market and distribute jade products from its culture assets and equity exchange, an on-line platform that facilitates the purchase and secondary trade of cultural Chinese assets including jade, jewellery, stamps and art. Electra will be the exclusive supplier to Silk Road for both raw and finished nephrite jade products through its manufacturing partner, LYG Company in China, as well as other jade suppliers within Canada.

John Costigan, president of Electra, states: "Electra's mandate to increase the market share of British Columbia jade within China requires exactly this type of arrangement. We at Electra are focused upon opening distribution channels and creating strong local partnerships. This is the first step of a much-broader initiative."

We seek Safe Harbor.