May 28, 2008
Bulletin: 2008-0503

At the request of the company, United Reef Limited will be delisted at the close of business on May 30, 2008.


The common shares will continue to trade on the TSX Venture Exchange under the symbol URP.

Effective Date: Market close, Friday, May 30, 2008
Symbol: URPL

For further information please contact Radhika Ramkarran at (416) 572-2000 X 2435 or E-mail: radhika@cnq.ca