Golden Dragon Holdings Announces Current Information Status on the PINKSHEETS

BEIJING, Nov. 4 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other
OTC: GDHI) www.gdfbhk.com is pleased to have completed the process for the
Company to obtain "PS" status on PINKSHEETS. The company has filed all
necessary disclosure and financial documents of information with PINKSHEETS,
enabling GDHI to be fully transparent. The Board of Directors has moved to
continue this level of full transparency in order to be quoted as "CURRENT
INFORMATION" on "PINKSHEETS.COM."

Frank Yglesias, GDHI CEO, said, "We are very excited to have achieved this
goal of PS status on PINKSHEETS, and we are continuing our commitment to
strive to reach each and every goal we set by the end of 2009."

About Golden Dragon Holdings, Inc.
Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI) is a publicly traded company
that owns and operates Golden Dragon Food & Beverage Import & Export Company
of Hong Kong, Ltd. (GDHK) in central Hong Kong and Beijing Flying Golden
Dragon International Trading Co., Ltd in China (BFGD). Golden Dragon Holdings,
Inc. has agreements with U.S. food manufacturers. GDHI acts as a buying agent
for GDHK, negotiating vendor contracts and services with U.S. food and
beverage industry partners. The Hong Kong Company plays a strategic role in
the importation of products into the Chinese market by leveraging the Closer
Economic Partnership Arrangement (CEPA) with China. Through this arrangement,
Beijing Flying Golden Dragon International Trading Co., Ltd distributes some
of the most popular U.S. food and beverage brand products directly into the
hypermarkets, supermarkets and convenience stores in China. The Company is
responsible for order fulfillment for its clients in China, as well as
providing advertising and promotion (A&P) services for its U.S. food and
beverage products.

Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.'
Statements describing objectives or goals or the Company's future plans are
also forward-looking statements and are subject to risks and uncertainties,
including the financial performance of the Company and market valuations of
its stock, which could cause actual results to differ materially from those
anticipated. Forward-looking statements in this news release are made pursuant
to the 'Safe Harbor' provisions of the United States Private Securities
Litigation Reform Act of 1995.

SOURCE Golden Dragon Holdings, Inc.

Golden Dragon Holdings, Inc., +1-888-889-8185, ir@gdfbhk.com