Circa Enterprises Inc. Announces Resignation of Chief Financial Officer

    CALGARY, Aug. 7 /CNW/ - Circa Enterprises Inc. (CTO-TSX) (the "Company"
or "Circa"), announced today that its Vice President, Finance and Chief
Financial Officer, Graham Reid, has tendered his resignation as an officer and
employee of the Company, effective August 25, 2008.
    Mr. Reid has determined to pursue other opportunities and has accepted an
offer to serve as Vice President, Finance and Chief Financial Officer of a
Calgary-based oilfield services organization.
    The board of directors of Circa has noted its appreciation for Mr. Reid's
efforts on behalf of the Company during his tenure as Chief Financial Officer
and has wished him well in his future endeavors.
    A search for a replacement Chief Financial Officer has been initiated.

    Circa Enterprises Inc. is a public company with offices in Alberta,
Ontario and Florida, trading on the Toronto Stock Exchange under the ticker
symbol CTO. The Toronto Stock Exchange has neither approved nor disapproved
the information contained herein.

    %SEDAR: 00002951E

For further information:

For further information: Mr. Rick Schmidt, President and CEO, Circa
Enterprises Inc., (403) 258-2011, E-Mail:, Website:

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