EastBridge Investment Group Inc. (OTCBB: EBIG), a provider of financial services to emerging companies looking to go public on U.S. exchanges and those looking to form joint ventures abroad, with clients similar to companies like Baidu.com Inc. (NASDAQ: BIDU) and Yahoo Inc. (NASDAQ: YHOO), recently revised its record date for Dwarf Technology’s stock dividend to its shareholders.

EastBridge Investment Group (OTCBB: EBIG.OB) today announced that it has scheduled a new record date to distribute 300,000 shares of its stock ownership in Dwarf Technology Holdings, Inc. to its shareholders for no considerations. Shareholders of EBIG stock on the closing date of November 30, 2011, will receive on a pro rata basis, their allocated shares after this dividend registration is approved by the SEC. The original record date of October 31, 2011 has been cancelled. The dividend represents 1.5% of Dwarf’s stock. Dwarf was filed with the SEC on August 16, 2011. The filing includes the registration of this stock dividend for EastBridge shareholders.

To learn more about Dwarf, go to: http://www.4006009090.cn/en/

Mr. Norm Klein, COO/CFO of EastBridge, commented, “We are happy to extend the stock dividend record date from October 31 to November 30 of this year. Dwarf has grown significantly during the past two years and has solid expansion plans for the future. We will send the appropriate notices and announcements to our shareholders after these shares are approved by the SEC and are ready for trading.”

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG’s email alert, send a blank email to info@EbigCorp.com. Join us on Facebook at the following link: http://www.facebook.com/ebigcorp.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “forecasts,” “potential,” or “continue,” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

EastBridge Investment Group, Inc. (OTCBB: EBIG), a provider of financial services to emerging public companies in Asia, with clients similar to companies like Chinacast Education Corporation (Nasdaq: CAST) and China Education Alliance, Inc. (NYSE: CEU), recently provided an update on its client Tsingda’s initial public offering (IPO) process during a recent conference.

During the conference call, the company indicated that Tsingda was still likely to IPO in November and definitely before the end of 2011. The NASDAQ now requires that Chinese companies list on a junior exchange for six months before up-listing to its exchange. However, the firm was recently informed that the OTCQX has the same limitations, meaning it will have to list on the OTCQB instead.

Ultimately, the listing on the OTCQB – one notch below the OTCQX designation – is rather inconsequential. Tsingda will not be raising any money until it reaches the NASDAQ exchange and that up-listing is still expected to occur six months after the OTC listing. Meanwhile, the shares being issued as a dividend to EastBridge shareholders remain unaffected by the move.

About EastBridge Investment Group

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG’s email alert, send a blank email to info@EbigCorp.com. Join us on Facebook at the following link: http://www.facebook.com/ebigcorp.

EastBridge Investment Group Inc. (OTCBB: EBIG), a provider of financial services to emerging companies looking to go public on U.S. exchanges and those looking to form joint ventures abroad, with clients similar to companies like Baidu.com Inc. (NASDAQ: BIDU) and Yahoo Inc. (NASDAQ: YHOO), recently set an October 31, 2011 deadline for its shareholders to receive the Dwarf Technology dividend.

EastBridge Investment Group Inc. (OTCBB: EBIG) is a specialized provider of financial services to emerging Asian companies looking to go public on U.S. exchanges and those looking to form joint ventures abroad. On October 4, 2011, the company scheduled 300,000 shares of its ownership in Dwarf Technology to be distributed to its shareholders of record on the closing date of October 31, 2011.

The size of the dividend represents 1.5% of Dwarf Technology’s outstanding shares as of October 4, 2011 and the move was filed with the SEC on August 16, 2011. According to COO/CFO Norm Klein, “We are happy to increase our shareholders’ value with the dividend distribution of some of the Dwarf stock owned by EastBridge. Dwarf has grown significantly during the past two years and has solid expansion plans for the future.”

An Emerging IT Leader in China

Dwarf Technology is a leading internet technology and information service provider. The company specializes in business-to-business search engine technology and IT services, including e-commerce, online marketing and application software development for small and medium companies. Its leading B2B search engine, China Bobotong, is the only search engine supporting telephone, internet and SMS.

Between 2009 and 2010, the company saw its revenues grow from $1,502,157 to $3,621,943 and was profitable both years. The first six months of 2011 saw similar growth rates as its revenues grew to $2,359,095 and its net income hit $340,907. With these strong growth rates, investors can look forward to high price-earnings multiples on their stock.

To learn more about Dwarf, goto: http://www.4006009090.cn/en/

A Great Investment Opportunity

EastBridge’s business model involves taking high-growth companies public on U.S. exchanges. With several upcoming clients in its pipeline, shareholders are uniquely positioned to benefit over the coming quarters. These clients range from IT companies, like Dwarf Technology, to educational providers, like Tsingda Education, to green technology companies and more.

For more information about EastBridge Investment Group Inc. (OTCBB: EBIG), please check out the following resources:

• Company Website
• Company SEC Filings

The Greater China Fund, Inc. (NYSE: GCH) (the “Fund”) reminds investors that the Fund’s tender offer (the “Tender Offer”) to purchase up to 20% of the Fund’s outstanding shares of common stock will expire this Friday, October 14, 2011, at 11:59 p.m, unless extended. The Fund continues to believe it appropriate to provide stockholders with the opportunity to exchange their shares at a price per share, in cash, equal to 98% of the Fund’s net asset value per share as determined by the Fund on the next business day following the expiration date of the tender offer.

The Fund is aware of the recent press release by City of London Investment Management Company Limited (“COL”), the Fund’s largest stockholder, announcing that it will not tender its shares in the Tender Offer. The Fund is also aware of other statements by COL in that press release. The Fund’s policy is not to comment on rumors. However, in light of the Fund’s ongoing tender offer, the specificity of the details in the statements made by COL and the size of COL’s beneficial ownership of the Fund, the Fund believes it is important to make a one-time exception to its policy. The Fund has not received a proposal to merge with any other closed end fund and does not expect to receive any such proposal in the near future. The Fund does not intend to update this statement except as required by applicable law, including the rules and regulations applicable to tender offers.

This announcement is not a recommendation, an offer to purchase or a solicitation to sell any securities of the Fund. The Tender Offer will be made only pursuant to the Offer to Repurchase, related Letter of Transmittal and other documents, which were filed by the Fund with the Securities and Exchange Commission (the “SEC”) on September 16, 2011 on Schedule TO as amended, through the date hereof. Shareholders of the Fund should read the Fund’s Schedule TO, as amended, the Offer to Repurchase and other related exhibits as they contain important information about the Tender Offer. These and other filed documents are available to investors for free both at the website of the SEC and from the Fund. Shareholders may obtain further information regarding the Tender Offer from The Altman Group, Inc., the Fund’s Information Agent for the Tender Offer, by calling toll-free (800) 884-5101 between the hours of 9:00 a.m. and 5:00 p.m., Eastern Time, Monday through Friday (except holidays).

In connection with the Tender Offer, the Fund has temporarily suspended any purchase of shares in the open market pursuant to its Share Repurchase Plan until on or about 10 business days after the termination of the Tender Offer.

Closed-end funds, unlike open-end funds, are not continuously offered. There is a one-time public offering and once issued, shares of closed-end funds are sold in the open market through a share exchange. Shares of closed-end funds frequently trade at a discount to the net asset value. The price of a fund’s shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, a fund cannot predict whether its shares will trade at, below or above net asset value.

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of the Fund’s shares in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.