Universal Provides Corporate Update

Universal Power Corp. (TSX VENTURE:UNX)(FRANKFURT:3U2A) (the "Company") or
("Universal") today provided a corporate update as follows:


Block 1711

The Company has been advised by the Government of Namibia that interpretation of
results from sampling and testing of the Kunene #1 well are ongoing and final
results have not been submitted by the operator. Furthermore, Universal has been
advised that the operator and the Namibian Government have had discussions
regarding future work and plans for Block 1711. Results of testing and sampling
will be released when reviewed and approved by the Namibian government due to
the tight hole status of this well.


The government of Namibia has classified Kunene No. 1 as a "tight hole," meaning
no information regarding the well may be released until such time as the
Namibian government determines to make the information public.


Namibian Oil & Gas Assets

The Company's business plan is to focus on hydrocarbon exploration and
production primarily in Namibia, Africa. In this regard, Universal entered into
a partnership with Kunene Energy (Pty) Ltd ("Kunene Energy") a Namibian Black
Economic Empowerment ("BEE") company, founded by Mr. Knowledge Katti a local
businessman and director of Universal. The Company is well positioned to
assemble strategic interests in high-profile African oil and gas projects and
currently has a 2.7% carried interest in Block 1711, a 90% working interest in
Blocks 2713A&B and a 30% carried interest in Block 2815. These oil and gas
concessions are off-shore Namibia, Africa.


The 2713 and 2815 Blocks are located in the Orange Basin, adjacent to the Kudu
gas fields with an estimated reservoir of 3 TCF. Universal is working with
consultants to bring a strategic working partner into these blocks in order to
develop leads and carry out drilling.


Uranium Assets

In keeping with the Company's business plan, Universal has made the decision to
divest itself of all Uranium assets. In this regard, the Company has not renewed
the Uranium options at Havoc, Ontario and Tanzania, Africa. The Company owns the
Uranium property at Great Bear Lake, NWT and is actively looking for a buyer.


About Universal Power Corp.

Universal Power Corp. and its BEE partner are positioned as an emerging
exploration and production junior listed on the TSX Venture Exchange and the FSE
Open Market. The Company's mission is to deliver significant share appreciation
through the discovery, exploration and production of fossil fuel energy.


ON BEHALF OF THE BOARD OF DIRECTORS

Knowledge Katti, Director

This news release contains certain forward-looking statements that reflect the
current views and/or expectations of Universal Power Corp. with respect to its
performance, business and future events. Investors are cautioned that all
forward-looking statements involve risks and uncertainties including, without
limitation, those relating to changes in the market, potential downturns in
economic conditions, foreign exchange fluctuations, changes in business
strategy, regulatory requirements, demand for our resources, competition and
dependence on key personnel. These risks, as well as others, could cause actual
results and events to vary significantly. Universal Power Corp. does not
undertake any obligations to release publicly any revisions for updating any
voluntary forward-looking statements.


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