PrimeGen Energy Corporation (Pink sheets: PGNE and the �Company�) is pleased to announce that the Company is in the final stages of upgrading its disclosure status on the Pink Sheets Electronic OTC Markets to Current Information. The Company is in the process of completing their Issuer Information Statement, which will be accompanied by an attorney's opinion letter. The Company expects to have its disclosures posted and status upgraded on the Pink Sheets by the end of the month.

A Pink Sheets status of current information indicates that PrimeGen Energy Corporation will make its current information publicly available through the OTC Disclosure and News Service pursuant to the Pink OTC Markets Manual: Guidelines for Providing Adequate Current Information. There are currently 1,287 companies trading under current information as opposed to 3,508 companies trading under no information. The 1,287 companies trading under current information represented approximately 69.5% of the total dollar volume traded during the month of April 2009, according to pinksheets.com.

"By upgrading our status to current information, we are demonstrating to our shareholders that we are working diligently to maximize the value of our shares as we move forward with our business strategies over the next several months," stated Robert Charlton, President of PrimeGen Energy Corporation.

About PrimeGen Energy Corporation

PrimeGen Energy Corp. is an oil and gas exploration Company whose primary focus is exploring and developing high potential unconventional resource plays. The Company�s strategy and development assets are focused on a prolific and historic oil and natural gas resource play in Krasnoarmeiskome District, Saratovskoi Oblast in Russia. The Company is headquartered in Bridgewater, NJ and has offices in Moscow, Russia. PrimeGen Energy plans to use its comparative advantages in certain geographic regions to expand rapidly through strategic acquisitions of small oil and gas producing entities and production assets including wells, properties, operating equipment, and pipelines.

Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the Act and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with the development of an early stage company in the alternative energy industry, its products, and the entry into new markets for such products. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's current and periodic reports filed from time to time with the Securities and Exchange Commission.

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