99.1

                                FINANCE AGREEMENT


Kogure  Works  Co.,  LTD.  (hereafter  called  "Kogure") and Amanasu Environment
Corporation  (hereafter  called  "Amanasu") have entered into an agreement under
the  following  conditions;

1.   Having  a  cooperation  with  Mitsui  &Co., LTD., promote Kogure's products
     to  receive  a  purchase  order of the incinerator for 300 units from State
     Environmental  Protection  Administration  of  China, which has organized a
     project  to  introduce  Medical  waste  treatment  systems with a budget of
     15,000,000,000  Chinese  Yuan (250,000,000,000 Yen). Amanasu funds $290,000
     to Kogure for the purpose of increasing its capital for the promotion.

2.   By  funding  a  capital  of  $290,000,  Amanasu  will  receive  20%  of
     allocation of the profit generated by the sale.

3.   The funding a capital of $290,000 is to be executed in March of 2005.

4.   In  regards  to  subjects  that  are  not  attended to on this Agreement or
     any  misunderstanding  of  provisions on this Agreement, Kogure and Amanasu
     shall faithfully discuss and determine a solution for such matters.



March 8, 2005

Katsutoshi Kogure                       108-1 Gunma-machi Munataka
President                               Gunma-gun, Gunma, 370-3521
                                        Japan


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Atsushi Maki                            Amanasu Environment Corporation
President                               701 5th Avenue, 42nd floor
                                        Seattle, WA 98104, USA


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