Marengo Mining Limited Enters into a Memorandum of Understanding (Power) with Madang Provincial Government (PNG) Business Arm - Seite 2

Factors that could cause actual results to vary materially from results anticipated by such forward-looking statements include the actual results of exploration activities, changes in market conditions, risks relating to international operations, fluctuating metal prices and currency exchange rates, and other risks of the mining industry. Although Marengo has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Marengo undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent they involve estimates of the mineralization that will be encountered if the property is developed. Reference is made to the most recent annual information form of Marengo filed with Canadian securities regulators which includes further discussion of the risk factors which may impact the business and operations of Marengo.

COMPANY NO. 822513-3 / ARBN: 161 356 930

Marengo Mining Limited
Les Emery
President & CEO
[phone]
[e-mail]

Marengo Mining Limited
Dean Richardson
Corporate Secretary and VP-Investor Relations
[phone]
[e-mail]
www.marengomining.com