2010-07-28  News Release

Mr. Alexander Helmel reports

NETWORK EXPLORATION REPAYS LOAN / ISSUES STOCK OPTIONS

Vancouver, British Columbia: Network Exploration Ltd. (the "Company") (TSX.V: NET)announces that it has repaid the principal amount of $250,000 in relation to the promissory note dated and announced May 5, 2010.

Stock Options: The Company has granted 1,000,000 incentive stock options to directors, key employees, and consultants at an exercise price of $0.10 per share. These options are exercisable for a period of five years and are subject to approval by the TSX Venture Exchange.

Network Exploration Ltd. is a mineral exploration Company engaged in the acquisition and exploration 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).

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.