Market Overview

Kraig Biocraft Laboratories Reports Farming Cooperatives Break Ground in Vietnam

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Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) ("Company"), the leading
developer of spider silk based fibers, announces today that work has
begun under the collaborative agreement signed between the Company and
several farming cooperatives in Quang Nam Province, Vietnam. As part of
the agreement reported earlier this month, these farming cooperatives
have now begun planting mulberry. This mulberry is the key input for the
Company's newly formed subsidiary, Prodigy Textiles, its proprietary
hybrid silkworms, and the commercialization of the Company's recombinant
spider silk materials.

Silkworms are voracious eaters, consuming more than 100 kilograms of
mulberry leaves for every kilogram of finished silk produced. For this
reason, transportation logistics and local sourcing of mulberry are core
to the Company's strategic plan. Under these agreements the Company
expects that as many as 2,500 hectares (~6177 acres) of mulberry will be
planted near the Company's new factory, supporting Prodigy Textiles
spider silk production for several years to come.

"Planting these mulberry fields means that we are now able to support
rearing our hybrid silkworms at Prodigy Textiles," said Jon Rice, COO.
"Access to large quantities of fresh mulberry is a core piece of our
production growth strategy and was a key element of our decision to
select Vietnam for commercializing our spider silk technology. The local
farming cooperatives have the existing capacity to meet Prodigy's
mulberry needs over the coming months. These additional plantings
provide us with the confidence that we will be able to maintain our
scale up plans for years to come, while also providing these farmers
with sustaining and reliable income."

To view the most recent edition of Kraig's Spider Sense quarterly
newsletter and/or to sign up for Company alerts, please go to www.KraigLabs.com/newsletter

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com),
a reporting biotechnology company, is the leading developer of
genetically engineered spider silk based fiber technologies.

The Company has achieved a series of scientific breakthroughs in the
area of spider silk technology with implications for the global textile
industry.

Cautionary Statement Regarding Forward Looking Information

Statements in this press release about the Company's future and
expectations other than historical facts are "forward-looking
statements." These statements are made on the basis of management's
current views and assumptions. As a result, there can be no assurance
that management's expectations will necessarily come to pass. These
forward-looking statements generally can be identified by phrases such
as "believes," "plans," "expects," "anticipates," "foresees,"
"estimated," "hopes," "if," "develops," "researching," "research,"
"pilot," "potential," "could" or other words or phrases of similar
import. Forward looking statements include descriptions of the Company's
business strategy, outlook, objectives, plans, intentions and goals. All
such forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially from
those in forward-looking statements. This press release does not
constitute an offer to sell or the solicitation of an offer to buy any
security.

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