CTE Centric Energy Corp.

Centric Energy Corp. (TSX VENTURE: CTE) announces that, further to its press release dated August 23, 2010 giving notice of the acceleration of the expiry date for the 18,750,000 warrants issued in March 2010, a total of 18,450,000 warrants have been exercised for aggregate proceeds of C$2,214,000. The remaining unexercised warrants have expired.

Centric Energy currently has 91,918,106 shares issued, with no warrants and 5,805,000 options outstanding.

ON BEHALF OF CENTRIC ENERGY CORP.

Alec Robinson, President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Contacts: Centric Energy Corp. Alec E. Robinson +44 207 222 8512 or: Toll Free: +1 (800) 962-7189 www.centricenergy.com