Maestro Ventures Prioritizes Exploration Efforts, Focuses on Relieving Capital Commitments

Maestro Ventures Ltd. (TSX VENTURE:MAP) (the "Company") announced today the
Company's decision to prioritize its exploration efforts in the states of Utah
and Nevada. The Company also announced it is currently negotiating the terms of
a shares for debt transaction with its creditors.


"A shocking and unforeseen turn in the overall capital markets took place in the
last quarter of 2008," commented Company CEO Kris Kottmeier. "The availability
of third-party investment capital has greatly decreased. Maestro's board does
feel, however, the potential for renewed and increased interest in junior
exploration companies could occur in the near future. The recent increase in
world gold/silver demand and prices leave the board confident in its focus on
the exploration for precious metals in the Great Basin."


Maestro's Board of Directors (the "Board") has decided upon what it feels are
the best actions to defend the Company and its shareholders.


Firstly, Maestro will focus on its top four priority exploration projects. The
Board will either renegotiate capital commitments on the remaining project, or
it will nullify these projects' existing lease agreements. The Company's
geological department, along with the assistance of Maestro's Technical Advisory
Board, agrees that the Company's Star Point, Kings Canyon, Green Springs, and
Gold Ore projects are its four top priority projects.


Maestro President Hans Rasmussen explained the decision to focus on these four
key projects: "While we have built a portfolio of great projects during 2008,
due to a lack of exploration funding we have been forced to prioritize and keep
only the highest priority projects moving forward so that we have the best
chance for discovery, thus improving shareholder value in the next leg of the
gold bull cycle."


Secondly, the Board is working to relieve certain existing capital commitments.
Following the rules outlined in the TSX Venture Exchange Policy 4.3, the Company
is currently outlining terms for a shares for debt with creditors. The Company
greatly appreciates the patience shown by its valued contractors.


Finally, as projects being renegotiated may result in the nullification of
existing lease agreements, the Board has decided to forego its previously
announced plan to 'spin-off' projects via a plan of arrangement (see Maestro
news release of September 2nd, 2008).


This news is submitted by Kris Kottmeier, CEO and Director of Maestro Ventures Ltd.