Mr. Alex Klenman reports

MANNING VENTURES ANNOUNCES PROPOSED SHARE CONSOLIDATION

Manning Ventures Inc. intends to consolidate the common shares in the capital of the company on the basis of one postconsolidation common share for 10 preconsolidation common shares.

The company currently has 57,149,963 common shares issued and outstanding, and following the consolidation, the company will have approximately 5,714,996 common shares issued and outstanding, prior to rounding for fractional shares.

The consolidation was approved by the board of directors of the company in accordance with the articles of the company but remains subject to the approval of the Canadian Securities Exchange. The company will issue a further news release announcing the effective date of the consolidation upon receiving exchange approval. The company will not be changing its name in conjunction with the consolidation.

We seek Safe Harbor.