ERA Carbon Offsets Ltd.
TSX VENTURE : ESR

ERA Carbon Offsets Ltd.

July 11, 2011 13:43 ET

ERA Carbon Offsets Ltd. Announces the Appointment of Duncan J. Manson as Interim CEO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2011) - ERA Carbon Offsets Ltd. (TSX VENTURE:ESR) is pleased to announce the appointment of Duncan J. Manson as interim Chief Executive Officer ("CEO") of the Company and its' subsidiary, ERA Ecosystem Restoration Associates Inc. ("ERA"), following the recent resignation of Dr. Robert Falls who remains Chairman of the Board for the Company. Mr. Manson, who has practiced law for more than 30 years and is a senior counsel with a leading Vancouver law firm, has a long-standing interest in law relating to ecosystem carbon and the use of forestry based carbon offsets to mitigate the effects of global climate change. Mr. Manson has been an independent director of ERA since the successful reverse take-over of Interim Capital Corp. by the shareholders of ERA effective July 28, 2008, which he directed.

Dr. Robert Falls commented: "Duncan Manson will provide leadership and strategic direction for the Company as it continues to grow in the evolving international forest-based carbon markets. As a founding director and legal counsel of ERA in 2004, Mr. Manson drafted the first carbon rights agreement of its kind with the District of Maple Ridge, whereby ERA restored degraded ecosystems within the District in return for rights to the carbon sequestered from the atmosphere by the trees planted within the project areas. Mr. Manson has been actively involved with the Company's business from the outset, providing his business and legal acumen and strategic guidance as ERA developed into a recognized leader in the international forest carbon space. As interim CEO, Mr. Manson will oversee all operations and administrative functions as ERA continues to extend its business into new jurisdictions, including equatorial Africa and Australasia. Mr. Manson will focus on increasing shareholder value as the company's business develops, and he will play an active role in recruiting a permanent CEO for the Company."

Robert Falls, Ph.D., R.P.Bio.
Chairman
ERA Carbon Offsets

About ERA Carbon Offsets Ltd.

A pioneer in forest restoration and conservation carbon offset projects; ERA has delivered over one million tonnes of carbon offsets to the voluntary market. The company's Community Ecosystem Restoration Program began in 2005 in British Columbia, Canada, and its activities have grown to include forest carbon projects in Africa, New Zealand and the Hawaiian Islands. ERA's clients and product users include Air Canada, Catalyst Paper, Rolling Stone Magazine, HSE – Entega, The Forest Carbon Group AG, and Shell Canada Limited. ERA's carbon offset products are validated and verified to ISO-14064, CCBA, PFSI-VER and VCS standards. (www.eracarbonoffsets.com)

Additional information on ERA can be found on the corporate website www.eracarbonoffsets.com or by contacting investor@eracarbonoffsets.com.

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of the company's general business development, research development and the company's development of forest-based carbon offsets. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Although ERA Carbon Offsets Ltd. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include fluctuations in the marketplace for the sale of carbon credits, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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