The Board of Directors of E-Energy Ventures Inc. (TSX
VENTURE:EEV)(FRANKFURT:D8F) (the "Company") wishes to announce that it has
commenced a due diligence assessment of a potential acquisition of an interest
in the business of a renewable energy company involved in the production of
biofuels. The Company confirms that there is no agreement for such acquisition
but anticipates that if the due diligence assessment results are satisfactory
the Company will pursue and negotiate a purchase and sale agreement at that
time. 


On behalf of the Board of Directors

E-Energy Ventures Inc.

Simon Tam, Director

THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF
AN OFFER TO BUY SECURITIES IN ANY JURISDICTION. "SAFE HARBOR" STATEMENT UNDER
THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS
FORWARD LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO
RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY
FROM THOSE SET FORTH IN OR IMPLIED HEREIN.