Network Exploration signs Investor Relations agreement with Vantage Communications



    VANCOUVER, Feb. 15 /CNW/ - Network Exploration Ltd. (the "Company")
(TSX.V: NET) has retained Vantage Communications Ltd., a Vancouver based
Investor Relations service provider, to act as a marketing and investor
relations consultant for the Company.
    Vantage is a leading provider of Investor Relations services with
innovative strategies, including telephone, email and online information
dissemination. Vantage aims to increase the flow of information to
shareholders, potential investors and financial institutions throughout the
investment community.
    As part of an initial three month term, extendable by mutual agreement up
to a maximum term of one year, Vantage Communications will be paid $6500 per
month and has been granted incentive stock options at an exercise price of
$0.18. The options will vest at 75,000 options every three months commencing
on the third month after the date of this agreement to a total of 300,000
options in the event that the contract be extended to its maximum term and
will expire within 30 days of the date at which the contract has ended.
    This agreement is subject to the approval of the TSX Venture Exchange.

    Network Exploration Ltd. is a mineral exploration Company committed to
building shareholder value through the acquisition of base and precious metal
properties in North and South America. For additional information, contact the
company at 604 638-7363 (toll free 866 637-5138) or visit the Company's
website: www.networkexploration.com.

    ON BEHALF OF THE BOARD OF DIRECTORS

    "Alexander Helmel"
    President

    Forward looking Statements. This news release has been prepared by
management. This document contains certain forward looking statements which
involve known and unknown risks, delays, and uncertainties not under the
Company's control which may cause actual results, performance or achievements
of the Company to be materially different from the results, performance or
achievements implied by these forward looking statements.

    -------------------------------------------------------------------------
    THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE. This news release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities Exchange Act
of 1934, as amended. All statements, other than statements of historical fact,
included herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with the British
Columbia Securities Commission and the United States Securities & Exchange
Commission.

    %SEDAR: 00005604E




For further information:

For further information: Cristina Bittante, Corporate Communications,
(604) 638-7363

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Network Exploration Ltd.

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