LNG Energy Ltd.

LNG Energy Ltd.

May 01, 2008 12:42 ET

LNG Energy Announces Grant of Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 1, 2008) - LNG Energy Ltd. ("LNG Energy" or the "Company") (TSX VENTURE:LNG) announces that it has granted 2,225,000 stock options pursuant to its previously approved stock option plan to officers, employees and consultants of the Company. The options are exercisable over 5 years at an exercise price of $0.275 per share.

This news release may contain forward-looking statements based on assumptions and judgments of management of LNG Energy regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. LNG Energy disclaims any intention or obligation to revise or update such statements except as may be required by law.

Shares Outstanding: 144,095,965

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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