Network Exploration Ltd.

INVESTORS:

Symbol *	NET
Last Trade	0.11
High	0.115
Low	0.11
Volume	50666
Bid	0.11
Ask	0.115
Today's Change	N/A
Percent Change	0.00%
52 Week High	0.48
52 Week Low	0.06
Shares Outstanding	11,493,087
Fully Diluted	16,192,670
* Quotes may be delayed


Warrants Outstanding
expiring Aug 5 '10 * ($0.90 Aug 5 '09 - Aug 4 '10)	2,687,084
expiring Sep 21, '10 ($0.48)	1,250,000
expiring Sep 29, '10 ($0.48)	62,500

Options Outstanding
expiring Mar 21 '12 ($1.20)	133,333
expiring Sep 28 '12 ($1.20)	108,333
expiring Aug 5 '12 ($0.60)	250,000
expiring Aug 21 '14 ($0.60)	208,333

NOTES
* These warrants issued are subject to an accelerated exercise provision in the event that the Company's common shares trade at a closing price on the TSX Venture Exchange of greater than 180 cents per share for a period of 20 consecutive trading days at any time after four months and one day following the closing date, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof. In this case, the Warrants will expire on the 30th day after the date of such notice.

CORPORATE GOVERNANCE
• Compensation Committee Charter • Corporate Governance Guidelines • Corporate Disclosure Policy • Corporate Governance Committee Charter