Cease Trade Order Partially Revoked

    CALGARY, Jan. 28 /CNW/ - A Cease Trade Order dated December 19, 2003

    Austpro Energy Corporation

    has been partially revoked effective January 28, 2008.

    A partial revocation has been issued to facilitate a private placement
transaction, the purpose of which is to raise funds required to call and hold
an Extraordinary Meeting.

    The Alberta Securities Commission (ASC) is the regulatory agency
responsible for administering the province's securities laws. It is entrusted
to foster a fair and efficient capital market in Alberta and to protect
investors. As a member of the Canadian Securities Administrators, the ASC
works to improve, coordinate and harmonize the regulation of Canada's capital

For further information:

For further information: Sonny Schmidt, Statutory Filings Analyst,
Corporate Finance, Tel: (403) 297-2960, Email: sonny.schmidt@seccom.ab.ca

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