/C O R R E C T I O N -- Market Regulation Services/


    In c4068 sent on Thursday, July 5, 2007, an error occurred in the
    "Reason for Halt" section. "Pending News" should have read
    "Pending Company Contact". Corrected copy follows:

    Market Regulation Services - Trading Halt - Ithaca Energy Inc. - IAE

    VANCOUVER, July 5 /CNW/ - The following issues have been halted by Market
Regulation Services (RS):

    Issuer Name: Ithaca Energy Inc.
    TSX-V Ticker Symbol: IAE
    Time of Halt: 13:11 EST
    Reason for Halt: Pending Company Contact

For further information:

For further information: Market Regulation Services Inc., (416)
646-7299