NI 43-101 submitted for Caldera



    VANCOUVER, June 27 /CNW/ - Network Exploration Ltd. (the "Company")
(TSX.V: NET.H) is pleased to announce that the updated National Instrument 
43-101 report for the Caldera property has been submitted to the Exchange for
review in accordance with Tier II graduation requirements.
    As stated in the Company's news release of April 25, 2007, the NI 43-101
report provides updated technical information describing the geology and work
programs for the Caldera property. This report will be used by the Company as
a guide for upcoming exploration programs and will be reviewed by the Exchange
as part of the Company's reactivation.
    The Caldera NI 43-101 report has been prepared by independent
Professional Engineer Mr. Peter Folk, a qualified person to write this report
as defined by Canadian National Instrument 43-101 - standards of disclosure
for mineral projects.

    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 at 1 (866) 637-5138 or visit the
Company's website: www.networkexploration.com

    ON BEHALF OF THE BOARD OF DIRECTORS

    "Alexander Helmel"

    President

    -------------------------------------------------------------------------
    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: 1100 Melville St., P.O. Box 43, Vancouver,
B.C., Canada, V6E 4A6, Tel: (604) 638-7363, TF: 1-866-637-5138, Fax: (604)
681-5138, www.networkexploration.com

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