[Lease Contract Party A: State-Operated Shouguang Qingshuibo Farm Party B: Shouguang Haoyuan Chemical Industry Co., Ltd. Party A owns an abandoned bromine pruduction facility in the State-Operated Shouguang Qingshuibo Farm, which facility has been left unused with no production running due to lack of funding invested in it at that time. In order to revitalize the asset and increase the] [Supplementary Agreement Party A Party B Whereas the State-Operated Shouguang Qingshuibo Farm (hereinafter, “ 1. The rent of RMB 5 million per year, which was agreed upon in the original contract by the Parties, cover both the production facilities area covering a land of 3,192 square meters and the areas of the 100 brine water wells to be built by] [Contact: Gulf Resources, Inc. Helen Xu Email: beishengrong@vip.163.com http://www.gulfresourcesinc.cn Web: CCG Investor Relations Inc. Linda Salo, Account Manager Phone: +1-646-922-0894 Email: linda.salo@ccgir.com Crocker Coulson, President Phone: +1-646-213-1915 (New York) Email: crocker.coulson@ccgir.com http://www.ccgirasia.com Web: Gulf Resources Provides Final Update on Internal Controls Assessment NEW YORK and SHANDONG, China, March 4, 2011 -- Gulf Resources, Inc. (Nasdaq: GFRE) ("Gulf Resources" or the] [+86 (536) 567-0008 o o o o Item 1.01 Entry into a Material Definitive Agreement. On November 5, 2010, Shouguang City Haoyuan Chemical Co., Ltd. ("SCHC"), a wholly-owned subsidiary of Gulf Resources, Inc. (the “Company”), entered into a Lease Contract (the “Lease Contract”) with State-Operated Shouguang Qingshuibo Farm (the “Lessor”), and on March 1, 2011, SCHC and the Lessor entered]