Monarch Energy Limited
TSX VENTURE : MNL

Monarch Energy Limited

August 01, 2008 14:56 ET

Monarch Energy Limited: Resignation of Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 1, 2008) - MONARCH ENERGY LIMITED (TSX VENTURE:MNL) (the "Company") announces the resignation of Ian Lambert from its Board.

"We appreciate that Ian's growing responsibilities with other companies with their overseas activities, make it increasingly difficult for him to devote the time necessary to Monarch.

The Company wishes to thank Ian for more than eighteen years of strong support, and expresses its gratitude for the contribution he has made during that time. The other directors join me in wishing him well in his future endeavours," said Kaare Foy, Monarch's Executive Chairman.

ON BEHALF OF THE BOARD

Kaare Foy: Executive Chairman, MONARCH ENERGY LIMITED

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

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