Homeland Energy Group Ltd.

Homeland Energy Group Ltd.

May 20, 2010 10:07 ET

Homeland Energy Group Reports 2009 Year End and First Quarter 2010 Results

TORONTO, CANADA--(Marketwire - May 20, 2010) - Homeland Energy Group Ltd. (TSX:HEG) ("Homeland" or the "Company") has reported its financial results for the year ended 2009 and the three months ended March 31, 2010. The 2009 Year End Audited Consolidated Financial Statements and Unaudited 2010 Interim Consolidated Financial Statements and related Notes along with the Management's Discussion and Analysis and Annual Information Form have been filed with SEDAR (www.sedar.com) and can be viewed on the Company's website at www.homelandenergygroup.ca. The Company had its first quarter financial statements reviewed by its external auditors.

Homeland Energy Group Ltd. (TSX:HEG) is a coal producer with operations in the Witbank area of South Africa. The company also has a large-scale development property in South Africa and exploration interests in Southern Africa. Homeland will continue to seek out interests in additional coal projects in South Africa and neighbouring countries as well as internationally. Homeland is a shareholder in Homeland Uranium Inc., a Canadian uranium exploration company focused on projects in Niger and the United States. Homeland Energy Group Ltd. is currently traded on the Toronto Stock Exchange under the symbol "HEG" with 302,115,756 common shares issued and outstanding. www.homelandenergygroup.com.

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