TEE Triple 8 Energy Ltd.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S.

Mr. Tarik G. Elsaghir, the Chief Financial Officer and a director of Triple 8
Energy Ltd. (the "Corporation"), has acquired control and direction over 880,000
common shares ("Common Shares") of the Corporation (representing 16.64% of the
outstanding Common Shares), 380,000 Common Share purchase warrants ("Warrants")
and options to acquire 264,000 Common Shares pursuant to the transactions
described below. If the Warrants and options are exercised, Mr. Elsaghir will
own 1,524,000 Common Shares (representing 25.68% of the outstanding Common
Shares).


On July 7, 2008, Mr. Elsaghir acquired 380,000 units ("Units") of the
Corporation at a price of $0.37 per Unit pursuant to a private placement (the
"Private Placement"). Each Unit consisted of one Common Share and one Warrant,
with each Warrant entitling the holder thereof to purchase one Common Share at
an exercise price of $0.55 per Common Share. The Common Shares and Warrants
acquired by Mr. Elsaghir pursuant to the Private Placement represented 13.40% of
the outstanding Common Shares (assuming Mr. Elsaghir exercised all of the
Warrants acquired under the Private Placement). Immediately subsequent to the
Private Placement, Mr. Elsaghir owned 810,000 Common Shares (representing 15.31%
of the outstanding Common Shares) and 380,000 Warrants.


In addition, Mr. Elsaghir completed the following open market purchases of
Common Shares through the facilities of the TSX Venture Exchange: (i) on
September 11, 2008, Mr. Elsaghir acquired 5,000 Common Shares at a price of
$0.35 per share; (ii) on October 31, 2008, Mr. Elsaghir acquired 5,000 Common
Shares at a price of $0.20 per share; and (iii) on November 27, 2008, Mr.
Elsaghir acquired 60,000 Common Shares at a price $0.155 per share
(collectively, the "TSXV Purchases"). The Common Shares acquired by Mr. Elsaghir
pursuant to the TSXV Purchases represented 1.32% of the outstanding Common
Shares. Immediately subsequent to the TSXV Purchases, Mr. Elsaghir owned 880,000
Common Shares (representing 16.64% of the outstanding Common Shares).


On June 2, 2008, the Corporation granted Mr. Elsaghir options to acquire 164,000
Common Shares at an exercise price of $0.465 per share and on August 25, 2008,
the Corporation granted Mr. Elsaghir options to acquire 100,000 Common Shares at
an exercise price of $0.335 per share (collectively, the "Option Grants"). The
Common Shares issuable under the Option Grants represent 4.75% of the
outstanding Common Shares.


Mr. Elsaghir acquired the securities under the Private Placement and the TSXV
Purchases for investment purposes only and may, depending on market and other
conditions, increase or decrease his beneficial ownership, control or direction
over, or exercise his rights to acquire Common Shares through market
transactions, private agreements or otherwise.


Mr. Elsaghir filed an Early Warning Report with the British Columbia and Alberta
Securities Commissions in respect of these transactions. Copies of the report
may be obtained from SEDAR under the Corporation's SEDAR profile at
www.sedar.com or without charge from Mr. Elsaghir.

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