ESR Esrey Resources Ltd

ERA Carbon Offsets Ltd. (TSX VENTURE: ESR), through its 100% owned subsidiary ERA Ecosystem Restoration Associates Inc.(ERA), is pleased to announce that the Denman Island Land Conservation Project, which produces carbon offsets for the voluntary carbon market, has been recognized with the Premier's Award for Innovation and Excellence.

The annual Premier's Awards honour the best in British Columbia's Public Service, recognizing the work of B.C.'s public service employees and teams who make positive contributions to this province. This year, 26 finalists were short-listed in a variety of sectors and 8 winners across the various service areas were chosen. British Columbia Premier Christy Clark handed out the awards at the 7th Annual Premier's Awards ceremony in Victoria.

ERA's Denman Island Conservation Project was recognized as an Innovation for the Ministry of Environment(MOE). For the first time in the history of the province, the MOE accommodated and used carbon offsets as a means to raise the capital needed to ensure this valuable piece of land was secured, placed under conservation, and transferred to the BC provincial park system, allowing for the creation of the largest provincial park on Denman Island.

Dr. Robert Falls, ERA's Chairman, commented: "It was a great pleasure to accept this award with the visionaries from all the participating organizations that worked to make this project happen. The Ministry of Environment and BC Parks deserve special recognition for embracing such innovation and working through a very complicated process. North Denman Lands deserves kudos for their dedication and perseverance as a key participant, as does the Islands Trust Board for their support. Finally, we thank the Forest Carbon Group AG for supporting the project in the marketplace by purchasing the offsets created from Denman Island. This was a team effort and is further proof that BC is indeed an innovative leader within the green economy."

Robert Falls, Ph.D., R.P.Bio., Chairman

About the Premier's Awards

The annual provincial awards ceremony is the BC Public Service's highest recognition event. It acknowledges achievements in all areas of public service including Cross-Government Integration, Emerging Leader, Innovation, Leadership, Legacy, Organizational Excellence, Partnership and Service Excellence. More information can be accessed at the link below.

http://www2.news.gov.bc.ca/news_releases_2009-2013/2011PREM0058-000626.htm

About ERA Carbon Offsets Ltd.

A pioneer in forest restoration and conservation carbon offset projects; ERA has delivered over one million tonnes of carbon offsets to the voluntary market. The company's Community Ecosystem Restoration Program began in 2005 in British Columbia, Canada, and its activities have grown to include forest carbon projects in Africa, New Zealand and the Hawaiian Islands. ERA's clients and product users include Air Canada, Catalyst Paper, Rolling Stone Magazine, HSE - Entega, The Forest Carbon Group AG, and Shell Canada Limited. ERA's carbon offset products are validated and verified to ISO-14064, CCBA, PFSI-VER and VCS standards.

Additional information on ERA can be found on the corporate website www.eracarbonoffsets.com or by contacting investor@eracarbonoffsets.com

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of the company's general business development, research development and the company's development of forest-based carbon offsets. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Although ERA Carbon Offsets Ltd. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include fluctuations in the marketplace for the sale of carbon credits, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.

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.

Contacts: ERA Carbon Offsets Ltd. David Rokoss 604-973-6512 david.rokoss@eraecosystems.com www.eracarbonoffsets.com