VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2008) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Bordeaux Energy Inc. (TSX VENTURE:BDO) (the "Company") announces that it is proposing that its Board of Directors be given the authority at its upcoming Annual and Special Meeting on Thursday August 28, 2008 (the "Meeting") to effect a consolidation of its shares.

The Company's shareholders will be asked to approve a share consolidation on a 30 for 1 basis, or on such lesser basis as may be necessary in order to meet TSX Venture Exchange (the "Exchange") listing and distribution requirements. Such a share consolidation would reduce the number of outstanding shares and the holdings of each shareholder on a 30 to 1 basis. The 151,279,112 shares of the Company that are currently outstanding would be reduced to approximately 5,042,637 shares. The share consolidation is subject to shareholder approval and Exchange acceptance.

In the opinion of the Company's management, the consolidation is necessary as the current share structure of the Company will make it more difficult or impossible for the Company to attract the additional equity financing required to maintain the Company or to allow for the acquisition of new projects of merit. No fractional shares will be issued. Any fractions of a share will be rounded down to the nearest whole number of common shares. Implementation of the share consolidation does not have an effect on the actual or intrinsic value of the business of the Company.

The Company will also be seeking shareholder approval of a name change at the Meeting. The proposed name change is subject to Exchange acceptance.

Forward-Looking Statements: