Deer Consumer Products, Inc. Reaches an Initial Agreement of $3 Million for Product...

Deer Consumer Products, Inc. Reaches an Initial Agreement of $3 Million for
Product Sales to Global Retailer Tesco Stores

NEW YORK, May 27 /PRNewswire-FirstCall/ -- Deer Consumer Products, Inc. (OTC
Bulletin Board: DCPD) (Website: www.deerinc.com), one of the world's largest
manufacturers of home and kitchen electronics targeting both international and
the Chinese domestic markets, today announced that the Company has reached an
initial agreement of $3 million for product sales to Tesco stores.

Tesco is a global market leader in retail sales with stores worldwide
particularly in Europe and in Asia. Tesco's website: www.tesco.com

In 2008, Deer reported US GAAP audited $43.8 million in revenues, $3.4 million
in net income and EPS (earnings per share) of $0.39 on a post share split
basis.

Bill He, Deer's Chairman & CEO commented: "Today's initial contract for
kitchen electronics with product supply to Tesco is another example of a
significant increase in customer orders that we are seeing in the 2nd quarter.
As we have stated before, Deer is benefiting from an influx of large product
orders placed by global brand name customers who are switching to Deer seeking
a reliable supply source from a proven and well financed company such as us.
As we enter the summer and the highest seasonable demand for juicers and other
kitchen electronics, we expect to have a season of record product sales."

About Deer Consumer Products, Inc.
Deer Consumer Products, Inc. is a U.S. public company headquartered in China.
Supported by more than 103 patents, Deer is a market leader in the design,
manufacture and sale of home and kitchen electric appliances targeting the
vast Chinese domestic consumer markets as well as customers in more than 40
countries worldwide. Deer's product lines include blenders, juicers, pressure
cookers and other home appliances designed to improve home lifestyles in
today's fast-paced society. With more than 100 global and domestic
clients/branded products including Black & Decker, Ariete-Disney, Toastmaster,
Magic Bullet, Back to Basics, and Wal-Mart, Deer has enjoyed rapid sales and
earnings growth in recent years.

Safe Harbor Statement
All statements in this press release that are not historical are
forward-looking statements made pursuant to the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. There can be no
assurance that actual results will not differ from the company's expectations.
You are cautioned not to place undue reliance on any forward-looking
statements in this press release as they reflect Deer's current expectations
with respect to future events and are subject to risks and uncertainties that
may cause actual results to differ materially from those contemplated.
Potential risks and uncertainties include, but are not limited to, the risks
described in Deer's filings with the Securities and Exchange Commission.

Contact Information:
Corporate Contact:
James Chiu Chief Operating Officer
Deer Consumer Products, Inc.
Tel: 011-86-755-86028312

SOURCE Deer Consumer Products, Inc.

James Chiu, Chief Operating Officer of Deer Consumer Products, Inc.,
+011-86-755-86028312