Mr. Songning Shen reports

CAITERRA INTERNATIONAL ENERGY CORPORATION COMMENTS ON UNUSUAL MARKET ACTIVITY

As a result of unusual market activity in Caiterra International Energy Corp.'s common shares, the Investment Industry Regulatory Organization of Canada contacted the company in accordance with IIROC's standard practice. The company confirmed to IIROC that it is not aware of any material non-public information that would account for the recent market activity. The company further states that it is not its policy to comment on unusual market activity.