SOURCE: Trophy Resources, Inc.

January 26, 2007 14:22 ET

Trophy Extends Commitment to Being Asset Driven Company

CLEVELAND, OH -- (MARKET WIRE) -- January 26, 2007 --In its continued commitment to building the asset base of the company, Trophy Resources' (PINKSHEETS: TRSI) management has elected to modify it 2007 business objective related to Trophy's Oil and Gas Division. Trophy no longer intends to act as the sole funding source in the development of oil and gas well projects. Trophy has begun focusing on acquiring mineral rights of large parcels of land, concentrating in areas where shallow drilling and re-completion work can be accomplished. Trophy management to date has approved two geographic regions, Texas and the Williston Basin (Montana and Wyoming) to acquire these rights.

In December the company announced its activation of a Mining and Mineral Division. That division is also primarily interested in asset acquisition and management. This revised business model for 2007 will allow Trophy to continue to minimize its share dilution.

Eric Leonetti, COO, said, "We expect this model to work for both divisions of Trophy. Trophy wants to control the minerals right of land for mining and Oil and Gas. I believe our investors are beginning to see the benefits of an asset driven company."

Trophy's current investment in R&W #1, Runnel County, Texas continues. That project has been producing between 480-510 Bbl / month to date in which Trophy currently holds a 37.5% working interest. In addition to this one producing well, the company expects an additional two re-work wells to be completed this quarter. The company expects to retain a 37.5% interest in these wells. Trophy's operator on this project has provided information to management which allows them to anticipate that these two wells could add up to an additional100 Bbl / day for the overall project. Completion of these two wells is expected to bring to an end to Trophy's involvement in this lease's activity; initiated with IRA Oil & Gas.

About Trophy Resources

Trophy Resources, Inc. (www.trophyoil.com) is an independent natural resource company with the goal of controlling lease hold acreage and mineral rights. Trophy's oil interests are in the Fort Worth Basin in central Texas, and the Williston Basin, Montana. Trophy expects to acquire advanced-stage projects and/or producing mines in some of the most prolific precious metal districts in the world. The Company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of land and/or leases, and explore and develop opportunities on these leases.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Trophy Resources, Inc. is an exploration with limited experience in the oil and gas industry. At the time of this release Trophy Resources lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital. Based upon industry standards Trophy would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Trophy's financial and contractual obligations, Trophy's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

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