Ginger Beef Corporation Announces Plans to Repurchase Common Shares

GB (the "Corporation" or "Ginger Beef") (TSX VENTURE:GB) announced that it has
filed with the TSX Venture Exchange a Notice of Intention to Make a Normal
Course Issuer Bid which shall commence on April 3, 2008 and terminate on April
2, 2009 or the earlier of the date all shares which are subject to the Normal
Course Issuer Bid are purchased.


In the opinion of the Board of Directors of Ginger Beef, the market price of the
Common Shares of Ginger Beef does not accurately reflect the value of those
shares. As a result, the Corporation intends to repurchase Ginger Beef's Common
Shares that may become available for purchase at prices, which make them an
appropriate use of funds of the Corporation.


Ginger Beef intends to attempt to acquire up to an aggregate of 743,525 of its
Common Shares over the next 12-month period representing approximately 5% of the
issued and outstanding Common Shares of Ginger Beef.


Purchases subject to the Normal Course Issuer Bid will be carried out pursuant
to open market transactions through the facilities of the TSX Venture Exchange.
All Common Shares purchased by Ginger Beef under the Normal Course Issuer Bid
will be cancelled.