Kroes Energy Inc. Announces Revision of Stock Option Pricing

Kroes Energy Inc. ("Kroes"), (TSX VENTURE:KRS) advises that it has increased the
exercise price of 2,800,000 stock options dated July 31, 2008 and 1,660,000
stock options issued dated August 22, 2007 to the 10 cent minimum required under
TSX Venture Exchange rules.


FORWARD-LOOKING STATEMENTS

This disclosure contains certain forward-looking estimates that involve
substantial known and unknown risks and uncertainties, certain of which are
beyond Kroes' control, including: the impact of general economic conditions in
the areas in which the Company operates, industry conditions, changes in laws
and regulations including the adoption of new environmental laws and regulations
and changes in how they are interpreted and enforced, increased competition, the
lack of availability of qualified personnel or management, fluctuations in
commodity prices, foreign exchange or interest rates, stock market volatility
and obtaining required approvals of regulatory authorities. In addition, there
are risks and uncertainties associated with oil and gas operations; therefore,
Kroes' actual results, performance or achievement could differ materially from
those expressed in, or implied by, these forward-looking estimates and,
accordingly, no assurances can be given that any of the events anticipated by
the forward-looking estimates will transpire or occur, or if any of them do so,
what benefits, including the amounts of proceeds, that Kroes will derive from
that.


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