Macro Enterprises Inc.

Macro Enterprises Inc.

July 15, 2009 16:54 ET

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

CALGARY, ALBERTA--(Marketwire - July 15, 2009) - 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 Frank Miles, Mark Dodge and Hugh Sewell (collectively, the "Lenders"), an aggregate of 447,196 Common shares (the "Shares") to the Lenders in satisfaction of interest due to the Lenders for the quarter ended June 30, 2009 in the amount of $111,799. The TSX Venture Exchange has approved the issuance of the Shares to the Lenders. 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

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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