News Release

China Drill Corporation To Trade On TSX Venture Exchange

February 7, 2008

CHINA DRILL CORPORATION ("CPB.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: February 7, 2008
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated December 12, 2007 has been filed with and accepted by TSX Venture Exchange and the British Columbia and Alberta Securities Commissions effective December 17, 2007, pursuant to the provisions of the British Columbia and Alberta Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.

The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $400,000 (2,000,000 common shares at $0.20 per share).

Commence Date: At the opening February 8, 2008, the Common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: British Columbia

Capitalization: unlimited common shares with no par value of which 6,000,000 common shares are issued and outstanding.
Escrowed Shares: 2,000,000 common shares

Transfer Agent: Pacific Corporate Trust Company
Trading Symbol: CPB.P
CUSIP Number: 16939D103
Sponsoring Member: Leede Financial Markets Inc.

Agent's Options: 200,000 non-transferable stock options. One option to purchase one share at $0.20 per share up to 24 months.

For further information, please refer to the Company's Prospectus dated December 12, 2007.

Company Contact: Joanne Yan
Company Address: Suite 308 - 595 Howe Street, Vancouver, BC V6C 2T5

Company Phone Number: (604) 602-8188
Company Fax Number: (604) 677-6243
Company Email Address: joanneyanbc@yahoo.com