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Wednesday, 06/27/2007 10:59:35 PM

Wednesday, June 27, 2007 10:59:35 PM

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LTFD - Littlefield Corporation Announces Participation at ValueRich Small-Cap Financial Expo
Tuesday June 26, 4:53 pm ET


AUSTIN, Texas--(BUSINESS WIRE)--Littlefield Corporation (OTCBB:LTFD.OB - News) announced today its participation as a featured sponsor and exhibitor at the ValueRich Small-Cap Financial Expo in New York City, NY. The ValueRich Small-Cap Financial Expo was held June 21, 2007 and Littlefield presented information about the company's performance and strategic plan. The presentation was well received.
Jeffrey L Minch, President and CEO, had the following comments:

"The ValueRich Small-Cap Financial Expo was an opportunity for the Company to begin getting its story out, develop industry contacts and to begin forging contacts in the capital markets to support long-term growth.

"This is part of a concerted effort to more broadly expose the Company through the dissemination of information about the Company and attendance at appropriate conferences as a presenter. In the future, we will continue these activities and will likely hire a research firm and an investor relations firm culminating ultimately with a road show. This is an orderly, gradual process and will take place over an extended time period."

Littlefield Corporation is a Delaware Corporation headquartered in Austin, Texas whose appropriately formed and licensed wholly owned corporate subsidiaries are charitable bingo commercial lessors and charitable bingo promoters (in South Carolina only) with thirty (30) charitable bingo halls in Texas, South Carolina and Alabama. Over 100 charities conduct bingo in these charitable bingo halls and in 2006 earned over $4,300,000 to fund their noble causes.

These charitable bingo halls had over 3,000,000 customers play bingo in 2006.

In addition, the Company owns Word of Mouth (custom catering company) and Premiere Tents & Events (party rental company).

The Company has recently announced its intentions to enter the Amusement With Prize business in Texas and expects to open its first such amusement center shortly adjacent to one of its charitable bingo halls.

In accordance with the safe harbor provisions of the Private Securities Reform Act of 1995: except for historical information contained herein, certain matters set forth in this press release are forward-looking statements that are subject to substantial risks and uncertainties, including government regulation, taxation, competition, market risks, customer attendance, spending, general economic conditions and other risks detailed in the Company's Securities and Exchange Commission filings and reports.



Contact:
Littlefield Corporation, Austin
Cecil Whitmore, 512-476-5141
Financial Analyst, Investor Relations
512-476-5680 FX
cwhitmore@littlefield.com

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