2007-12-28 - News Release

Mr. Alexander Helmel reports

NETWORK DRILLING CALDERA

Vancouver, British Columbia : Network Exploration Ltd. (the "Company") (TSX.V: NET) is pleased to announce that its first-phase drill program at the Caldera property in Chile will commence January 15, 2008 and will consist of 6 holes totaling 1500m to test the copper and gold targets determined by the Company's recent sampling and trenching program.

The Company has engaged Rock Drilling S.A. to complete the R.C. drilling program under the supervision of senior geologist Mr. Marco Fernandez-Concha. The program is expected to last approximately 3 weeks.

"We are pleased to have engaged Rock Drilling SA to carry out our drill program at Caldera," states Director Richard Schnoor. "This program will test selected targets to a depth of approximately 250 meters."

The Company’s recently completed trenching program was designed to analyze the near-surface presence of copper and gold at the 2700 hectare Caldera property located in the mineral-rich Huasco Province of Chile. Results from this program indicate widespread near-surface copper averaging up to .48% copper over 10 meter lengths with 150 meters of 1921ppm copper, 180 meters of 1628ppm copper, 170 meters of 1311ppm copper and two, 35 meter sections averaging 0.43g/t gold. These areas have been used to select the drill targets for this program.

Network Exploration Ltd. is a mineral exploration Company committed to building shareholder value through the acquisition of base and precious metal properties in North and South America. For additional information, contact the company at 604 638-7363 (toll free 866 637-5138).

Network Exploration Ltd.
www.networkexploration.com
(604) 638-7363

We seek Safe Harbor.

THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. These statements include "characteristics of a gold and copper porphyry system with excellent geological potential". There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.