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2006 May 5

Xemplar grants incentive stock options

Xemplar Energy Corp. is granting incentive stock options for a total of 500,000 shares at a price of 63 cents per share. The options are exercisable for up to three years.

Xemplar Energy Corp.

Craig Walker
Director

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

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