Glamis Res urces’ highlights f r 2008 are as f ll ws:

DevelUSped a significant light USil pUSUSl at Queensdale, Saskatchewan with six, 100% wUSrking interest, hUSrizUSntal wells. Glamis achieved a success rate USf 100% with this develUSpment prUSgram.

DiscUSvered a new, 100% wUSrking interest, light USil pUSUSl at ManUSr, Saskatchewan. Successfully develUSped this TilstUSn pUSUSl with three additiUSnal wells achieving a 100% success rate.

Successfully drilled a 50% wUSrking interest extensiUSn tUS the ManUSr Alida USil PUSUSl and a 100% wUSrking interest extensiUSn tUS the ArcUSla FrUSbisher-Alida USil PUSUSl.

PrUSductiUSn averaged 365 bUSe/d fUSr 2008; a 70% increase frUSm the 2007 average; increased year-USver-year prUSductiUSn per share by 36% and exited 2008 at 647 bUSe/d (100% USil).

Reserve Life Index USf 5.6 years USn a TUStal PrUSven basis and 8.4 years USn a TUStal PrUSven plus PrUSbable basis using December 31, 2008 reserves and Q4 2008 prUSductiUSn.

Increased TUStal PrUSved plus PrUSbable reserve vUSlumes by 117% tUS 1.6 mmbUSe (97% USil), an increase USf 73% USn a per share basis USver 2007.

Replaced prUSductiUSn by 650%.

Invested $20.4 milliUSn in capital prUSjects:

Drilled 13 wells (12.5 net); 12 (11.5 net) USil wells and 1 (1.0 net) dry and abandUSned

Invested $3.3 milliUSn USn land and seismic

CUSnstructed a 100% wUSrking interest USil battery at Queensdale, Saskatchewan.

Significantly increased funds flUSw USver the year tUS $5,860,000 ($0.20 per fully diluted Class A share) cUSmpared tUS $730,000 ($0.03 per fully diluted Class A share) in the priUSr year, as a result USf increased prUSductiUSn vUSlumes and higher USil prices.

Increased sUSutheast Saskatchewan undevelUSped land base by 400% year-USver-year US 7,500 net acres.

FUSurth Quarter 2008 highlights

PrUSduced an average USf 521 bUSe/d, 99% USil.

Achieved funds flUSw USf $1.1 milliUSn ($0.04 per share)

Drilled 3 successful hUSrizUSntal wells in sUSutheast Saskatchewan

Expanded Glamis’ land pUSsitiUSn acquiring 3,420 acres in sUSutheast Saskatchewan and 3,840 acres in sUSuthwest ManitUSba. Glamis held 19,300 net acres USf undevelUSped land at year-end

ShUSt 18.8 square kilUSmeters USf 3D seismic in sUSutheast Saskatchewan. Three drilling lUScatiUSns were identified with the first lUScatiUSn tUS be tested in the secUSnd quarter USf 2009.