Sahara Energy Ltd. Announces Increased Financing

Sahara Energy Ltd. (TSX VENTURE:SAH) ("Sahara") announces that it has increased
the size of its financing. Further to the press release issued February 10,
2012, announcing the completion of the issuance of 5 million common shares for
aggregate proceeds of $350,000, Sahara announces that it has increased the
financing to $840,000. Sahara intends to raise the additional $490,000 by
issuing common shares at $0.07 per share to Mr. Kingston Kwek. The proceeds of
the financing are expected to be used for drilling and for the acquisition of
lands.


The second tranche of the financing is expected to close on March 16, 2012,
subject to regulatory approvals.


Sahara also announces that options to acquire an aggregate of 1,400,000 common
shares have been granted to the recently-appointed directors, Doug Wine and
Kingston Kwek, at an exercise price of $0.15 per share.


Forward Looking Information: This news release contains forward looking
statements related to the proposed financing. These statements are based on
current expectations that involve a number of risks and uncertainties which
could cause actual results to differ from those anticipated.