Insider Trades - LU HENG JING

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LU HENG JING: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
NEW DRAGON ASIA CP A Officer AMEX:NWD (historical quotes, profile, other insiders)	10-Jun-09	18,576,154	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
10-Jun-09 120,600 NWD Sale at $0.17 per share.
(Proceeds of $20,502)
9-Jun-09 327,000 NWD Sale at $0.17 per share.
(Proceeds of $55,590)
8-Jun-09 235,500 NWD Sale at $0.17 per share.
(Proceeds of $40,035)
5-Jun-09 346,900 NWD Sale at $0.16 per share.
(Proceeds of $55,504)
4-Jun-09 129,400 NWD Sale at $0.16 per share.
(Proceeds of $20,704)
3-Jun-09 133,800 NWD Sale at $0.16 per share.
(Proceeds of $21,408)
2-Jun-09 593,500 NWD Sale at $0.16 per share.
(Proceeds of $94,960)
1-Jun-09 100,700 NWD Sale at $0.17 per share.
(Proceeds of $17,119)
29-May-09 607,500 NWD Sale at $0.16 per share.
(Proceeds of $97,200)
28-May-09 577,000 NWD Sale at $0.16 per share.
(Proceeds of $92,320)
27-May-09 661,500 NWD Sale at $0.16 - $0.17 per share.
(Proceeds of about $109,000)
26-May-09 66,600 NWD Sale at $0.17 - $0.18 per share.
(Proceeds of about $12,000)
14-Apr-09 6,000,000 NWD Sale at $0.10 per share.
(Proceeds of $600,000)
21-Nov-08 2,000 NWD Purchase at $0.27 - $0.28 per share.
(Cost of about $550)
20-Nov-08 17,000 NWD Purchase at $0.28 - $0.32 per share.
(Cost of about $5,100)
19-Nov-08 2,500 NWD Purchase at $0.31 - $0.33 per share.
(Cost of about $800)
18-Nov-08 5,800 NWD Purchase at $0.34 - $0.36 per share.
(Cost of about $2,029)
17-Nov-08 10,900 NWD Purchase at $0.30 - $0.35 per share.
(Cost of about $3,542)
22-Sep-08 10,000 NWD Purchase at $0.52 - $0.53 per share.
(Cost of about $5,250)
19-Sep-08 15,000 NWD Purchase at $0.54 - $0.58 per share.
(Cost of about $8,400)
18-Sep-08 13,000 NWD Purchase at $0.41 - $0.47 per share.
(Cost of about $5,719)
17-Sep-08 25,000 NWD Purchase at $0.39 - $0.42 per share.
(Cost of about $10,000)
16-Sep-08 26,000 NWD Purchase at $0.39 - $0.44 per share.
(Cost of about $11,000)
15-Sep-08 25,000 NWD Purchase at $0.38 - $0.4 per share.
(Cost of about $9,750)
5-Dec-07 3,500,000 NWD Sale at $0.97 per share.
(Proceeds of $3,395,000)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
10-Jun-09	120,600	NWD	Sale at $0.17 per share. (Proceeds of $20,502)
9-Jun-09	327,000	NWD	Sale at $0.17 per share. (Proceeds of $55,590)
8-Jun-09	235,500	NWD	Sale at $0.17 per share. (Proceeds of $40,035)
5-Jun-09	346,900	NWD	Sale at $0.16 per share. (Proceeds of $55,504)
4-Jun-09	129,400	NWD	Sale at $0.16 per share. (Proceeds of $20,704)
3-Jun-09	133,800	NWD	Sale at $0.16 per share. (Proceeds of $21,408)
2-Jun-09	593,500	NWD	Sale at $0.16 per share. (Proceeds of $94,960)
1-Jun-09	100,700	NWD	Sale at $0.17 per share. (Proceeds of $17,119)
29-May-09	607,500	NWD	Sale at $0.16 per share. (Proceeds of $97,200)
28-May-09	577,000	NWD	Sale at $0.16 per share. (Proceeds of $92,320)
27-May-09	661,500	NWD	Sale at $0.16 - $0.17 per share. (Proceeds of about $109,000)
26-May-09	66,600	NWD	Sale at $0.17 - $0.18 per share. (Proceeds of about $12,000)
14-Apr-09	6,000,000	NWD	Sale at $0.10 per share. (Proceeds of $600,000)
21-Nov-08	2,000	NWD	Purchase at $0.27 - $0.28 per share. (Cost of about $550)
20-Nov-08	17,000	NWD	Purchase at $0.28 - $0.32 per share. (Cost of about $5,100)
19-Nov-08	2,500	NWD	Purchase at $0.31 - $0.33 per share. (Cost of about $800)
18-Nov-08	5,800	NWD	Purchase at $0.34 - $0.36 per share. (Cost of about $2,029)
17-Nov-08	10,900	NWD	Purchase at $0.30 - $0.35 per share. (Cost of about $3,542)
22-Sep-08	10,000	NWD	Purchase at $0.52 - $0.53 per share. (Cost of about $5,250)
19-Sep-08	15,000	NWD	Purchase at $0.54 - $0.58 per share. (Cost of about $8,400)
18-Sep-08	13,000	NWD	Purchase at $0.41 - $0.47 per share. (Cost of about $5,719)
17-Sep-08	25,000	NWD	Purchase at $0.39 - $0.42 per share. (Cost of about $10,000)
16-Sep-08	26,000	NWD	Purchase at $0.39 - $0.44 per share. (Cost of about $11,000)
15-Sep-08	25,000	NWD	Purchase at $0.38 - $0.4 per share. (Cost of about $9,750)
5-Dec-07	3,500,000	NWD	Sale at $0.97 per share. (Proceeds of $3,395,000)