Rolling Thunder Exploration fka ROLA

[kanzler]

ROLLING THUNDER ANNOUNCES CLOSING OF $8.6 MILLION PRIVATE
PLACEMENT

Calgary, Alberta, May 29, 2007 - Rolling Thunder Exploration Ltd. ("Rolling
Thunder") (TSX-V: ROL.A, ROL.B; OTO: RTHXF) is pleased to announce that it has
closed its previously announced bought deal private placement financing of 3,227,273
class A shares (the "Class A Shares") at a price of $1.10 per Class A Share and 3,803,705
Class A Shares issued on a "flow-through" basis pursuant to the Income Tax Act (Canada)
(the "Flow-Through Shares") at a price of $1.35 per Flow-Through Share, for total gross
proceeds of $8,685,002.05. The offering was led by Acumen Capital Finance Partners
Limited and included Clarus Securities Inc. and Dundee Securities Corporation. The
Class A Shares and Flow-Through Shares will be subject to a four month hold period, in
accordance with applicable securities legislation.