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*Emperor Oil Ltd. 
Listed Company 

EMPEROR OIL LTD. ("EM")
BULLETIN TYPE: Warrant Term Extension
BULLETIN DATE: January 29, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:

# of Warrants: 6,800,000
Original Expiry Date of Warrants: February 13, 2014
New Expiry Date of Warrants: February 13, 2015
Exercise Price of Warrants: $0.10 (UNCHANGED)

These warrants were issued pursuant to a private placement of 24,160,000 shares with 12,080,000 share purchase warrants attached, which was accepted for filing by the Exchange effective February 15, 2012.

For further information, please see the Company's press release dated January 23, 2014.
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