NEW YORK, NY--(MARKET WIRE)--Nov 3, 2008 -- Arrow Resources Development, Inc. (OTC BB:ARWD.OB - News) announces that Arrow Pacific Resources, Arrow's partners, has received revenue from its initial agriculture operation. This initial operation has yielded $520,000 of gross revenue to the operation, of which Arrow Resources Development has received 10% of the gross revenue, or $52,000. The revenue will be noted in the 4th quarter financial statements ending as of December 31st, 2008. This revenue is based on the monthly yield of approximately 200 hectares. Going forward, the corn and eucalyptus farming/plantation operations will be based on the development of sections of 2,000 hectares each at the development cost of approximately $2,000,000 per section. Arrow Resources Development, as a result of this generation of initial revenue, has intensified its effort to complete an equity financing of up to $35 million for the development of 17 sections of 2,000 ha each section. These sections are developed on a cycle of four sections every 90 days.

President and CEO Peter Frugone stated, "We are very excited that the process of clear, plant and harvest has begun. This sets us on the road to completing a project that has been in the works for almost three years. Once we reach critical mass on this project, the need for further financing to support the program will be non-existent."

More information on Arrow Resources Development, Inc., along with the company's public filings and press releases, can be viewed on their website at www.arrowrd.com.

About Arrow Resources Development, Inc. ("Arrow")

Arrow Resources Development, Inc. develops and coordinates corporate operations, finance, sales and marketing activities along with the administration of the corporate citizenship programs for natural resource development companies in the Asian market. Its initial relationship with Arrow Pacific Resources Group Limited (BVI Company) is for the development of large scale plantation/farming operations in Indonesia. Arrow has signed a similar agreement with Gerakan Masyarakat Pelestari Lingkungan Hidup (GMPLH), and GMPLH's joint venture partner, PT Tiga Duan (Indonesian company owned by Arrow Pacific) for the large scale plantation/farming and ethanol plants in Indonesia. Arrow's agreements entitle the Company to 10% of all gross revenue generated by all their partners' plantation/farming including any and all sales of natural resources and derivative products (e.g. paper, pulp, chips, etc.).

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