Macro Enterprises Inc.
TSX VENTURE : MCR

Macro Enterprises Inc.

October 20, 2009 19:08 ET

Macro Enterprises Inc. Announces Issuance of Shares Pursuant to Convertible Loan Agreement

FORT ST. JOHN, BRITISH COLUMBIA--(Marketwire - Oct. 20, 2009) - Macro Enterprises Inc. ("Macro") (TSX VENTURE:MCR) announces that it has issued, pursuant to the Convertible Loan Agreement, as amended, dated July 7, 2006, among Macro, its wholly-owned subsidiary, Macro Industries Inc., and Frank Miles, Mark Dodge and Hugh Sewell (collectively, the "Lenders"), an aggregate of 452,137 Common shares (the "Shares") to the Lenders in satisfaction of interest due to the Lenders for the quarter ended September 30, 2009 in the amount of $113,034. The TSX Venture Exchange has approved the issuance of the Shares to the Lenders. Particulars of the Convertible Loan Agreement, as amended, were set out in Macro's news release dated April 30, 2009, and a copy of the Convertible Loan Agreement is available on SEDAR at www.sedar.com.

Macro Enterprises Inc. is a leading oilfield construction and maintenance company with operations centered in Fort St. John, B.C. Macro's activities include pipeline construction, facilities maintenance, custom fabrication and insulating services.

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

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