Revelation Terminates Proposed Prestique Kitchens Acquisition, Cancels Shareholder Meeting and Provides Status Update

Further to the news release issued by Revelation Ventures Inc. (TSX
VENTURE:RCA.P) ("Revelation" or the "Corporation") on February 25, 2009, the
Board of Directors of the Corporation regrets to announce that it is terminating
the proposed acquisition of Prestique Kitchens Ltd. ("Prestique") as the
Corporation's Qualifying Transaction and has cancelled the adjourned shareholder
meeting scheduled for March 12, 2009 that was set to consider the acquisition.


Revelation has been advised that its intended target company, Prestique, has
received a demand notice from its bank requiring the repayment of Prestique's
outstanding loans by March 6, 2009. Revelation requested that it be provided
further details by Prestique by noon on Monday, March 2, 2009, as to the nature
of the demand received by Prestique from its bank and how Prestique intended to
respond to the demand. Revelation was not provided with any further information
and Revelation's Board of Directors has determined that Revelation has no other
option than to terminate the proposed acquisition transaction in accordance with
the terms of the Letter Agreement dated June 26, 2008 as superceded by the Share
Purchase Agreement dated September 15, 2008. Further, Revelation has initiated
the process seeking the repayment of the $225,000 secured advance it had made to
Prestique in accordance with the terms required under the TSX Venture Exchange
("TSXV") Policy 2.4.


Revelation expects that its common shares will resume trading on or about
Tuesday, March 3, 2009.


With the termination of the proposed acquisition of Prestique, Revelation as a
capital pool company within the meaning of the policies of the TSXV will resume
its business of identifying and evaluating businesses and assets with a view to
finding and completing a Qualifying Transaction under the policies of the TSXV.


Further to the news releases dated December 2, 2008 and December 5, 2008,
Revelation also advises that at this time it has not received any interest
payments owing it pursuant to the terms of the Termination Agreement entered
into with its former President and Chief Executive Officer, Richard Sayler. The
Board of Directors continue to consider if it will take further action against
Mr. Sayler concerning the payment of interest and related expenses.