AIA Enters Into Agreements With Shanghai-based ORACLE BAY Co., Ltd. and the Shanghai University of Finance and Economics

SHANGHAI, September 23, 2010 - On September 10th, the Association of International Accountants (AIA) and
the Shanghai-based ORACLE BAY CO., LTD. reached an agreement of cooperation
and held a signing ceremony for the agreement at ORACLE BAY's headquarters.
That afternoon, AIA also signed an agreement with the Shanghai University of
Finance and Economics to establish a joint training program on International
Financial Reporting Standards (IFRS) and Auditing.

The goal of AIA's collaboration with ORACLE BAY is to provide
participants with more opportunities to engage in academic exchange, as well
as provide specialized guidance with regards to career planning. On the
sharing of academic resources, the agreement reached by the two organizations
will allow the organic integration of human resources exchange and
opportunities for hands-on engagement thus creating a well-equipped center
for participants who have aspirations in the accountancy and financial
sector. With regards to accreditations, this agreement will be of great
benefit to both parties. On the matter of communication between job-seekers
and companies' HR departments, this collaboration will create an opportunity
for freer decision making for both professionals in the financial sector and
companies in search of employees.

ORACLE BAY, an organization that serves as a gathering place and launch
pad for professionals in the accountancy and financial sector, will hold
regular academic programs in finance as well as activities promoting exchange
for outstanding professionals in the financial sector. The company will also
provide currently employed professionals in the field with the opportunity to
pursue further studies and gain additional accreditations. ORACLE BAY
coordinates companies' needs, the resources of institutes of higher
education, and the various capabilities of professionals, in order to create
a platform for educational experience and achievement. The company aims to
bring in academic programs in finance from well-known schools both in China
and abroad, as well as accreditation courses from Chinese and foreign
financial industry associations, in order to provide finance professionals
under its guidance with excellent further education and degree-granting
educational programs as well as high-level licensing programs and
accreditation services.

AIA entered China in 1997, and in the same year authorized Metro
Consulting (Shanghai) to oversee its training programs in the country. More
than 80% of the training programs' graduates are high-level management
executives in multinational companies. In recent years, AIA has actively
promoted its expansion in the Asia-Pacific region as well as its programs of
cooperation with mainland Chinese and Hong Kong accounting organizations, and
it is a member of the British Chamber of Commerce in China. The academia of
Metro Consulting (Shanghai)have extensive experience in the accountancy and
financial field, which enables them to promote the complete integration of
theory and practice in AIA's courses. Metro Consulting (Shanghai) has also
established a Career Development Center (CDC) for participants, which enables
its students and graduates to receive free-of-charge services in the area of
career placement.

The agreement of cooperation established between AIA and the team of
lecturers at the Shanghai University of Finance and Economics will focus on
comprehensive research of the newest changes in IFRS and auditing and will
set up a professional curriculum for the study of IFRS and auditing. This
program aims to help participants to gain a complete understanding of the
entire framework of IFRS, become familiar with the preparation of IFRS
statements, effectively solve accounting and management related problems that
may come up on the job, and understand the latest changes in IFRS as well as
the impact of these changes.

Upon completion of the course, participants may choose to take the public
examinations for IFRS or auditing held by AIA. Those who pass the examination
will be awarded a Diploma in International Financial Reporting Standards or a
Diploma in Auditing by the AIA, as well as a Certificate of Completion for
the Course in International Financial Reporting Standards or a Certificate of
Completion for the Course in Auditing by the Center for Academic Exchange of
the Shanghai University of Finance and Economics.

The Shanghai University of Finance and Economics was founded in 1917, and
is the longest-standing institution of higher learning dedicated to the study
of finance and economics in China. Under the authority of the Ministry of
Education, it is included in the National 211 Program, the 985 "Excellent
Academic Innovation Platform," and the National High Level University
Construction Program.

    Contact:

     Iris Kim
     Communication Executive
     +86-21-6448-1228(Tel)
     +86-21-6448-1698(Fax)
     iris.kim@aia.edu.cn

Iris Kim, Communication Executive, +86-21-6448-1228, iris.kim at aia.edu.cn