EEC

AMG Bioenergy Resources Holdings Ltd. (the "Company") (TSX VENTURE:ABG), wishes
to announce that the Company has signed a non-binding Letter of Intent with
Eco-Energy China Group, Inc ("EEC"), regarding the potential acquisition of
EEC's 10,000 hectares of Jatropha plantation assets in Guizhou province, PRC as
well as its right to further plant another 30,000 hectares of Jatropha in the
same area. The Company intend to release more detailed terms and conditions, if
both EEC and the Company proceed to complete a formal agreement on or before 31
March 2013.


Eco-Energy China Group, Inc ("EEC"), is an integrated bio-diesel producer based
in Guizhou province, PR China. EEC owns a 30,000 tonne/annum multi-feedstock
refinery in Guiyang, the provincial capital of Guizhou. EEC also owns an
approximate 10,000 hectares of jatropha plantation assets in southern Guizhou
province, planted during 2006 and 2007, and also acquired the right to plant
another 30,000 hectares of Jatropha at the same area.


About AMG Bioenergy Resources Holdings Ltd.

The Company has been active in research and development of bio-fuel feedstock
and biodiesel conversion with the intent of developing a business producing
jatropha as a bio-fuel feedstock in the People's Republic of China and other
parts of Asia.


ON BEHALF OF THE BOARD

Lee Shoong Lim, Managing Director

"This news release may contain forward-looking statements. Forward-looking
statements address future events and conditions and therefore, involve inherent
risks and uncertainties. Actual results may differ materially from those
currently anticipated in such statements. Such information is subject to known
and unknown risks, uncertainties and other factors that could influence actual
results or events and cause actual results or events to differ materially from
those stated, anticipated or implied in the forward- looking information.
Readers are cautioned not to place undue reliance on forward-looking
information, as no assurances can be given as to future results, levels of
activity or achievements."


FOR FURTHER INFORMATION PLEASE CONTACT: 
AMG Bioenergy Resources Holdings Ltd.
Lee Shoong Lim
65 6223-1098
leeshoonglim@amgcapital.com.sg

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