[BIOSTAR PHARMACEUTICALS,DE OF ETHICSted:December 30, 2009 POLICY STATEMENTdempany honest and ethicalnduct,luding the ethical handling of actual or apparentnflicts of interest between personal and professional relationships; SECmpliance with applicable governmental laws, rules, and regulations; the prompt internal reporting to the appropriate person of violations of thisde; and] [BIOSTAR PHARMACEUTICALS, To: [Director Name] [Address] Dear [Director Name]:mpany This is tonfirm the terms of your appointment a Non-Executive Director and [_____] of Biostar Pharmaceuticals, (the Board Overall, in terms of timemmitment, we expect your attendance atl the Board of Directors (the "] [Biostar Pharmaceuticals Strengthensrporate Governance with Appointments of New Independent Directors, Establishment of Boardmmittees andoption ofde of Ethics Xian, China January 4, 2010 , today announced a series of measuresopted to strengthen thempanysrporate governance inmpliance with the listing requirements of a senior U.S. exchange.]