Mr. Craig Goodwin reports

NATURALLY SPLENDID ANNOUNCES PROPOSED DEBT SETTLEMENT

Naturally Splendid Enterprises Ltd. proposes to settle indebtedness of $130,000 with a third party creditor by issuing 309,523 common shares of Naturally Splendid at a deemed price of 42 cents per share. Closing of the debt settlement is subject to the acceptance of the TSX Venture Exchange.

About Naturally Splendid Enterprises

Naturally Splendid is a multifaceted biotechnology company that is developing, producing, commercializing and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient-dense foods and related products.