Advanced Plant Pharmaceuticals, Inc. Announces Release of Analyst Report

Business Wire, May 30, 2002

Business Editors

NEW YORK--(BUSINESS WIRE)--May 30, 2002

(OTC Bulletin Board: APPIE) Advanced Plant Pharmaceuticals, Inc. a company that utilizes whole plants to develop all natural dietary supplements, is pleased to announce that The Pegasus Letter has written an independent analyst report for APPI.

The report has been distributed to a broad range of people in the financial community and can be viewed at dpmartin.com/pegasus.

APPIE is finishing up its 10-Q and will file shortly.

For more information on APPI, please visit the Company's Web site at www.advancedplantpharm.com

FORWARD LOOKING STATEMENTS:

This release contains forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 and involve risks and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product development and acceptance, manufacturing, competition, regulatory and/or other factors, which are outside the control of the Company.