Exceed Energy Announces Director Retirement

Exceed Energy Inc. (TSX VENTURE:EX.A) today announced that Mr. Miroslav
Jestrabik has retired from the board of directors as of June 25, 2009. Exceed
Energy (the "Company") extends its gratitude to Mr. Jestrabik for his years of
service and wishes him success in his other endeavors.


Forward Looking Statements

This press release may contain forward-looking statements including expectations
of future production, cash flow and earnings. Certain information regarding
Exceed in this news release including management's assessment of future plans
and operations, timing of drilling and tie-in of wells, productive capacity of
the new wells, expected production rates, drilling success rates, dates of
commencement of production, may constitute forward-looking statements under
applicable securities laws and necessarily involve risks. These statements are
based on current expectations that involve a number of risks and uncertainties,
which could cause actual results to differ from those anticipated. These risks
include, but are not limited to: the risks associated with the oil and gas
industry (e.g. operational risks in development, exploration and production;
delays or changes in plans with respect to exploration or development projects
or capital expenditures; the uncertainty of reserve estimates; the uncertainty
of estimates and projects relating to production, costs and expenses, and
health, safety and environmental risks), commodity price, price and exchange
rate fluctuation and uncertainties resulting from the potential delays or
changes in plans with respect to exploration or development projects or capital
expenditures. Readers are cautioned that the foregoing list of factors is not
exhaustive. Additional information on these and other factors that could affect
Exceed's operations or financial results are included in Exceed's reports on
file with Canadian securities regulatory authorities that may be accessed at
www.sedar.com or through the Company's website, www.exceedenergy.com.
Furthermore, the forward-looking statements contained in this news release are
made as at the date of this news release and Exceed does not undertake any
obligation to update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or otherwise,
except as may be required by applicable securities laws.


Disclosure provided herein in respect of barrels of oil equivalent (boe) may be
misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf:
1 Bbl is based on an energy equivalency conversion method primarily applicable
at the burner tip and does not represent a value equivalency at the wellhead.