Run of River Power Announces Private Placement

	    VANCOUVER, Dec. 30, 2009 /CNW/ - Run of River Power Inc. ("ROR Power" or
the "Company") (TSX-V: ROR) today announced a non-brokered private placement
of 12,200,260 common shares of the Company (the "Shares") at a price of $0.19
per Share for aggregate gross proceeds of $2,318,050. All Shares issued
pursuant to this private placement will be subject to a four month hold period
in accordance with Canadian securities laws.
	    Insiders of the Company will be subscribing for 4,857,525 Shares of the
12,200,260 Shares issued, which is greater than 25% of the private placement.
These insiders are Scott Paterson, Peter Zell, Ross Gorell, Rick Hopp, Jako
Krushnisky, Vick Dusik, Brian Hanson and Michael Sweatman. Accordingly, the
private placement will be a "related party transaction" for the purposes of
Multilateral Instrument 61-101 - Protection of Minority Security Holders in
Special Transactions ("MI 61-101"). The Company will rely on the exemptions
from the formal valuation and minority approval requirements of MI 61-101 as
neither the fair market value of the subject matter of, nor the fair market
value of the consideration for, the private placement will exceed 25% of the
Company's market capitalization.
	    "I am delighted with the confidence our board and colleagues have
demonstrated, investing over $2.3 million in this private placement, at this
critical juncture in the Company's history," said Jako Krushnisky, President
and CEO of ROR Power.
	    The private placement is subject to the approval of the TSX Venture
Exchange. The private placement is expected to close on or about December 31,
2009. The Company intends to use the proceeds of the private placement for the
continued development of the Company's renewable energy projects and for
general working capital purposes.

	    About Run of River Power Inc.

	    ROR Power develops renewable, sustainable energy through its portfolio of
run-of-river and biomass projects in British Columbia (BC). The company
operates an Eco Logo(C) certified hydroelectric power generation station at
Brandywine Creek, near Whistler, BC that generates cash flow under a 20-year
contract with BC Hydro. ROR Power is well positioned for profitable growth
through the company's high-quality power generation initiatives. ROR Power's
total development potential, in excess of 740 MW, represents a significant
opportunity to help BC meet its rising demand for clean, sustainable power and
achieve energy self sufficiency by 2016.

	    Forward-Looking Statements

	    Certain information regarding the Company set forth in this press
release, including management's assessment of the Company's future plans and
operations contains forward looking statements that involve substantial known
and unknown risks and uncertainties. These forward looking statements are
subject to numerous risks and uncertainties, some of which are beyond the
Company's and management's control, including but not limited to, the
completion of the private placement, the impact of general economic
conditions, industry conditions, fluctuation of foreign exchange rates,
imperfection of reserve estimates, environmental risks, industry competition,
availability of qualified personnel and management, stock market volatility,
timely and cost effective access to sufficient capital from internal and
external sources. The Company's actual results, performance or achievement
could differ materially from those expressed in or implied by, these forward
looking statements and accordingly, no assurance can be given that any of the
events anticipated to occur or transpire from the forward looking statements
will provide any benefits to the Company.

	    Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.






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	    /For further information: Information Contact: Jako Krushnisky, President
and CEO, Run of River Power Inc., Tel: (604) 946-9232,
[email protected]; Vick Dusik, Chief Financial Officer, Run of River
Power Inc., Tel: (604) 946-9232, [email protected];
www.runofriverpower.com/