ROLLAND ENERGY TERMINATES IR AGREEMENT

Thursday, January 31st, 2008

Montreal, Quebec, January 31, 2008 – Rolland Energy Inc. (TSX-V: ROE, the “Corporation”), an emerging oil and gas corporation, announced that the investor relations agreement with Downshire Capital Inc., previously announced on October 31, 2007, has been terminated.

ABOUT ROLLAND ENERGY INC. – www.rollandenergy.com
Rolland Energy is a light crude oil producer based in south-western Manitoba, building shareholder value through growth by combining low-risk drilling and strategic acquisitions.

For more information, please contact:
Rolland Energy Inc.
Michael McLellan, CEO & President, +1.514.333.9292

The TSX Venture Exchange has not reviewed this release and does not accept responsibility for the adequacy or accuracy of this press release.

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