Rochester Provides Financing Update

Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I) announces
the Company has received all funds from E-Energy Ventures Inc. ("E-Energy") and
Cooper Minerals Ltd., ("Cooper") in respect to each of their acquisition of an
undivided 10-per-cent equity interest in Mina Real Mexico SA de CV, a subsidiary
of the Company. E-Energy Ventures Inc. and Cooper Minerals Inc. each funded
$1,475,000 to be used to fund ongoing costs at the Mina Real Project. E-Energy
and Cooper also provided additional financing of $1.05-million by way of private
placement. The Company issued 7,000,000 shares with E-Energy and Cooper each
purchasing 3,500,000 shares. The shares issued have hold periods which all
expire on or about April 24th 2009. In respect to these transactions the Company
paid cash finders fees of $296,750 and issued 2,000,000 warrants with the
warrants exercisable at $0.17 per share and all warrants expiring by January 20,
2010.


An updated 43-101 Technical Report on the Mina Real property has been prepared
in conjunction with this transaction.


The Company also announces they are pleased to add Mike Magrum, P.Eng. to the
Board of Directors. Mr. Magrum is a geological engineer with extensive uranium
experience covering most of the uranium-bearing Proterozic basins in Canada. He
is a graduate of the Haileybury School of Mines and the University of Alaska.
Mr. Magrum was part of the technical team that assembled JNR Resources' very
successful Athabasca Basin uranium land holdings. He also served as a director
of Seabridge Gold, which acquired a major gold property portfolio containing a
multi million ounce gold resource.


Mr. Eduardo Luna, Company President and CEO said, "We are pleased to have
E-Energy and Cooper as our joint venture partners and we look forward to working
with them to further advance the developments at the Mina Real Mine."


Furthermore the Company has agreed to conduct a private placement, for up to ten
million units at a purchase price of $0.25 per unit for gross proceeds to the
Company of up to $2.5-million. Each Unit will consist of one common share of the
Company and one half transferable common share purchase warrant. Each full
Warrant will be exercisable into one additional common share of the Company at
an exercise price of $0.45 per share for a period of 18 months from the closing
of the Private Placement. The financing is partially brokered with Canaccord
Capital Corporation placing $1,000,000. Canaccord will have the option,
exercisable any time prior to closing, to increase the size of the offering by
up to $500,000. A finder's fee of 8% cash and 10% finders warrants will be
payable on a portion of this placement.


"This additional capital will enable us to reach our near-term goals of
producing positive cash flow by accelerating our development and exploration
programs, while simultaneously executing on our long-term mine plan by
development and mining from multiple areas project-wide," states Mr. Luna.


The Company has also granted 1,500,000 stock options to directors, officers,
employees and consultants to purchase 1,500,000 common shares of the Company, at
$0.25 per share, for 3 years.


ON BEHALF OF THE BOARD

Eduardo Luna, President and CEO

About Rochester Resources Ltd.:

Rochester represents a pure-play in the exploration and development of
high-grade gold and silver properties located in Nayarit, Mexico. The Company is
a niche player in Mexico which has assembled an attractive portfolio of
properties in the Sierra Madre Occidental Range. This is the largest epithermal
precious metal region in the world, hosting the majority of Mexico's large
tonnage gold and silver deposits. Current production generates growing cash flow
and helps fund our ongoing exploration and development with minimum share
dilution.


Rochester is well positioned to advance its Projects and can very quickly become
a significant player in Mexico. Rochester has a strong senior management team
based in Mexico, a workforce in place to advance its projects through to mine
development, and strong financial backing to implement and advance our work
programs.


Forward Looking Statements

This Company Press Release contains certain "forward-looking" statements and
information relating to the Company that are based on the beliefs of the
Company's management as well as assumptions made by and information currently
available to the Company's management. Such statements reflect the current
risks, uncertainties and assumptions related to certain factors including,
without limitations, competitive factors, general economic conditions, customer
relations, relationships with vendors and strategic partners, the interest rate
environment, governmental regulation and supervision, seasonality, technological
change, changes in industry practices, and one-time events. In addition, the
Company has not conducted an independent feasibility study on the Mina Real
project which may increase the risk that the planned operations are not
economically viable. Should any one or more of these risks or uncertainties
materialize, or should any underlying assumptions prove incorrect, actual
results may vary materially from those described herein. The TSX Venture
Exchange has not reviewed and does not accept responsibility for the adequacy or
the accuracy of this release.