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Re: curlews post# 9333

Tuesday, 07/05/2011 1:47:46 PM

Tuesday, July 05, 2011 1:47:46 PM

Post# of 17741
IAE.v/iacaf - Ithaca CEO buys 30,000 shares in the company

2011-07-05 11:48 ET - News Release

Mr. Graham Forbes reports

ITHACA ENERGY INC.: DIRECTOR'S DEALING

Ithaca Energy Inc. was notified today that on July 5, 2011, Iain McKendrick, Ithaca's chief executive officer, acquired 30,000 common shares in the company at a price of 1.46 pounds sterling per common share. [2.255 CAD]

Following this transaction, Iain McKendrick's total revised beneficial holding in the company is 130,490 common shares, representing approximately 0.05 per cent of the issued share capital of the company.
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