Ginger Beef Corporation (the "Corporation") (TSX VENTURE:GB) announces that it
has made an application to the Alberta Securities Commission to approve a
temporary management cease trade order ("MCTO") under National Policy 12-203
Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"), which, if
granted, will prohibit trading in securities of the Corporation by certain
insiders of the Corporation, whether direct or indirect. If approved, it is
anticipated that the MCTO will be issued effective August 30, 2013. The
Corporation is unable to file its unaudited interim financial statements,
management's discussion and analysis and related Chief Executive Officer and
Chief Financial Officer certificates for its six-month period ended June 30,
2013 (the "Required Filings") before the August 29, 2013 filing deadline (the
"Filing Deadline").


During the process of completing the Required Filings, Michael Poon, the Chief
Financial Officer of the Corporation, passed away and accordingly the
Corporation will not be able to meet the Filing Deadline.


The Corporation anticipates that it will be a position to remedy the default by
filing the Required Filings by September 30, 2013. The MCTO will be in effect
until the Required Filings are filed.


The Corporation intends to satisfy the provisions of the alternative information
guidelines set out in section 4.3 and 4.5 of NP 12-203 so long as the Required
Filings are outstanding.


The Corporation has not taken any steps towards any insolvency proceeding and
the Corporation has no material information to release to the public.


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ginger Beef Corporation
Stanley Leung
President and Chief Executive Officer
(403) 272-8088
(403) 234-0688 (FAX)
gingerbeef00@gmail.com

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