Mr. Karsten Arend reports

BITRUSH CORP. LAUNCHES BITRUSH.COM WEBSITE

The special committee of the board of directors of Bitrush Corp. is providing the following update to shareholders.

Further to the news release of the company dated Feb. 24, 2017, the special committee is diligently continuing its work to protect the business and operations of the company necessitated from Werner Boehm's continued unlawful actions and lack of co-operation since his termination as chief executive officer of the company.

In this context, Bitrush is pleased to announce the launch of the new official Bitrush website. The website includes relevant information about the company and its business, and is the primary source of official company news, including its news releases posted on SEDAR. The site is not accessible to the former CEO. Readers are reminded that all news releases on the "Bitrush.co" website since December, 2016, were posted by Mr. Boehm and should be ignored in their entirety.

As previously announced, the special committee is proceeding with its application to the Commercial Court on March 20, 2017.

Readers are reminded that the only official Bitrush website is located at "www.Bitrush.com" and that the company's AdBit's website and Twitter addresses are "Adbit.biz" and "twitter.com/AdbitBiz," respectively. "Bitrush.co," "Adbit.co" and "twitter.com/AdBitOfficial" remain under the unlawful control and operation of Mr. Boehm, are not affiliated with the company, and should be disregarded entirely.

In addition, it has come to the attention of the company of the existence of what appears to be a newly created site using the Bitrush name operating at "www.bitrush.org," therein described as a brand new trading platform and automatic on-line investment platform, part of Bitrush Ltd. U.K. "Bitrush.org" and Bitrush Ltd. U.K. are not in any way owned, operated or affiliated with the company. The company considers that such entities are using the Bitrush name without permission and will be seeking legal advice in respect of this matter.

The company's securities remain subject to the cease trade order imposed by the Ontario Securities Commission on Dec. 2, 2016. (See news release dated Dec. 3, 2016.)

We seek Safe Harbor.