Pan Terra Industries Inc.

Pan Terra Industries Inc.

February 28, 2008 12:26 ET

Pan Terra Industries Inc.: News Release

CALGARY, ALBERTA--(Marketwire - Feb. 28, 2008) - Aaron Lane, President of Pan Terra Industries Inc., (TSX VENTURE:PNT.H) ("Pan Terra") is pleased to announce the appointment of Gregory Q. Marr, C.A. as Chief Financial Officer of Pan Terra, subject to regulatory approval. Mr. Marr has over 25 years of financial and tax expertise and extensive public company experience and has served as Chief Financial Officer and Director of several private and public companies, particularly oil and gas companies that are listed on the TSX Venture Exchange.

Pan Terra announces that Mr. Rob Hartwell has resigned from the Board of Directors of the company as of February 20, 2008. The Board and management wish to thank Mr. Hartwell for his service to Pan Terra.

Pan Terra has been halted from trading since July 12, 2007 pending a completion of a proposed corporate reorganization.

The TSX Venture Exchange has in no way passed on the merits of the transaction and has neither approved nor disapproved the contents of this press release.

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