Mr. James Hill reports

GASFRAC ANNOUNCES POSTPONEMENT OF AGM

Gasfrac Energy Services Inc. has postponed the annual general meeting of Gasfrac shareholders scheduled for May 8, 2014, to May 27, 2014.

Based on discussions with its shareholders, the board of directors of the company is evaluating potential changes to board composition to ensure that the board has all necessary skills and expertise to optimize corporate performance relative to the company's renewed strategic focus.

The expanded capabilities the company has developed over the past year permit Gasfrac to have a strategic focus on the company's expanded fluids capabilities, geographic opportunities where, because water is not effective or not available, the company enjoys a natural competitive advantage, and actively promoting and communicating the new and unique benefits of Gasfrac's extended technology platform.

In addition, the company wishes to ensure that any potential new board members are involved in the process of determining a successor for the company's current chief executive officer, James Hill, upon his previously announced retirement at the end of 2014.

The AGM is being postponed to permit the company to present shareholders with the opportunity to assess any new board candidates through disclosure in the proxy circular to be delivered in connection with the AGM, which will now be held on May 27, 2014.

We seek Safe Harbor.