Macro Enterprises Inc.
TSX VENTURE : MCR

Macro Enterprises Inc.

March 26, 2010 17:30 ET

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

FORT ST. JOHN, BRITISH COLUMBIA--(Marketwire - March 26, 2010) - 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 certain lenders (the "Lenders"), an aggregate of 452,138 Common shares (the "Shares") to the Lenders in satisfaction of interest due to the Lenders for the quarter ended December 31, 2009 in the amount of $113,034. The TSX Venture Exchange has approved the issuance of the Shares to the Lenders, including the following three Lenders who are insiders of Macro: Frank Miles, Mark Dodge and Hugh Sewell. 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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