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

Jul 6, 2007

    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)