Homeland Energy Group Ltd.

Homeland Energy Group Ltd.

March 18, 2008 11:03 ET

Homeland Energy Group Ltd. (TSX:HEG)

TORONTO, ONTARIO--(Marketwire - March 18, 2008) - Homeland Energy Group Ltd. ('Homeland' or 'the Company')(TSX:HEG) would like to clarify for investors that trading in Homeland's common shares has not been halted on the Toronto Stock Exchange as indicated on Bloomberg news service. This was an error on the Bloomberg website and Bloomberg is in the process of rectifying the situation.

Homeland would also caution investors using third party news and information sites to ensure that the ticker symbol "HEG" on the Toronto Stock Exchange, and not another exchange such as the TSX Venture Exchange, is used. Homeland Energy Group Ltd. trades only on the Toronto Stock Exchange.

Homeland Energy Group Ltd. is a public company trading on the Toronto Stock Exchange under the symbol "HEG" and is focused on energy exploration and development in Southern Africa. Homeland owns three advanced development/pre-development coal projects in South Africa and a number of early-stage exploration properties in the provinces of Mpumalanga and Kwa-Zulu Natal. The Company is currently negotiating to acquire interests in a number of additional coal properties in eastern South Africa and neighbouring countries. Homeland is also a significant shareholder in Homeland Uranium Inc., a Canadian uranium exploration and development company focused on projects in Niger and the United States, and has a several other global strategic investments. Homeland Energy Group has 143 million shares outstanding.

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