2011-1-18  News Release

Mr. Alexander Helmel reports

NETWORK EXPANDS PRIVATE PLACEMENT

Vancouver, British Columbia: Network Exploration Ltd. (the "Company") (TSX.V: NET)) is pleased to announce that further to its news release dated January 17, 2011 the Company is expanding its private placement to $650,000. Under the terms of the private placement, the Company will offer a maximum of 10,000,000 Units at a price of six and a half cents per Unit. Each Unit will consist of one common share of the Company and one full share purchase warrant where each warrant will allow the subscriber to purchase one additional common share of the Company at 10 cents during the first year following the closing of the private placement.

The proceeds from the Offering will be used for general corporate working capital. Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval from the 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.