Pan Terra Industries Inc.

Pan Terra Industries Inc.

March 29, 2006 18:07 ET

Pan Terra Industries Inc.: Organizational Changes

CALGARY, ALBERTA--(CCNMatthews - March 29, 2006) - Pan Terra Industries Inc. ("Pan Terra" or the "Company") (TSX VENTURE:PNT) announces that Kaan Camlioglu, Vice President and Chief Financial Officer has resigned effective April 1, 2006 to pursue other opportunities.

The Company is considering a number of options regarding management of the corporate finance and governance function going forward. Our immediate focus will be primarily in the areas of improving operations including: project management and execution, internal controls, internal cash generation and cash management, financial reporting, credit performance and profit improvement and less on growth through acquisition.

The Company thanks Mr. Camlioglu for his contribution to Pan Terra and wishes him every success in his future endeavours.

About Pan Terra

Pan Terra is an innovative construction solutions contractor that develops new sites and redevelops existing sites to the point where an owner, developer, or general contractor can proceed with building construction. The focus of the Company is site preparation and underground utility installations and rehabilitation. The Company offers packaged services in industrial, commercial, retail and residential markets. Pan Terra's major clients include leading General Contractors, Owners and Developers. The Company has extensive relationships with architects, engineers, and consultants. Pan Terra's growth plan includes: acquisition of successful companies, leveraging of environmental and trenchless technology solutions and total dedication to exceptional operational performance and achievement.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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