[Assets Purchase Agreement Sheng Yuan Nutritional Food Co., Ltd. Beijing Huilian Food Co., Ltd. July 14, 2008 Tongzhou District, Beijing 1 Assets Purchase Agreement Assets Purchaser: Sheng Yuan Nutritional Food Co., Ltd. (“Party A”) Business License No.: 370284400001270 Legal Representative: Meng Xiuqing Registered Address: Jiaonan Coastal Industry Park, Qingdao Assets Transferor: Beijing Huilian Food Co., Ltd. (“Party B”) Business License] [Press Release For further information: Mr. Weiguo Zhang, Synutra, Inc., 301 840 3888, wzhang@synutra.com Mr. Brian Rafferty, Taylor Rafferty, 212 889 4350, synutra@taylor-rafferty.com Synutra Announces Postponement of Proposed Offering July 18, 2008, Qingdao, PRC/Rockville, MD, USA -- Synutra International, Inc. (NASDAQ: SYUT, “Synutra”), a leading infant formula company in China, and a producer, marketer and seller of nutritional products for] [(Former name or former address, if changed since last report) [] [] [] []]