Rolling Thunder clarifies effect of voluntary U.S. deregistration

    CALGARY, June 22 /CNW/ - Rolling Thunder Exploration Ltd. ("Rolling
Thunder" or the "Corporation") (TSX-V: ROL.A, ROL.B; OTO: RTHXF) wishes to
clarify the effect of yesterday's announcement that it is voluntarily filing a
Form 15F with the United States Securities and Exchange Commission (the "SEC")
to terminate the registration of its class A shares (the "Shares") under the
Securities Exchange Act of 1934, as amended (the "Exchange Act").
    Following the filing of the Form 15F and anticipated effectiveness of the
deregistration, holders of Shares resident in the United States will continue
to be eligible to trade Shares over-the-counter on the Pink Sheets, through
the facilities of TSX Venture Exchange or pursuant to any applicable
exemptions available to the individual holder. For further information,
shareholders should contact their broker or investment advisor.
    As previously disclosed, the Corporation expects that termination of
registration of its Shares will become effective 90 days after the date of
filing of the Form 15F with the SEC.

    Rolling Thunder is a Calgary, Alberta based corporation engaged in the
exploration, development and production of petroleum and natural gas. The
Corporation's class A shares and class B shares are listed on the TSX Venture
Exchange under the trading symbols "ROL.A" and "ROL.B", respectively. To find
out more about Rolling Thunder, visit our website at

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    %SEDAR: 00022182E

For further information:

For further information: Peter Bolton, President & Chief Executive
Officer, (403) 532-6221,; Kamelia Wong,
Chief Financial Officer, (403) 532-6223,

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