GreenGold Ray Energies Completes Jatropha Plantations Conversion on Approximately 100,000 Acres and Is Now Poised to Become a Le

   GreenGold Ray Energies (PINKSHEETS: GRYE) announced today the completion of the Jatropha plantations on approximately 100,000 acres in the Mindanao region of the Philippines.

According to the company about 100,000 acres out of the 1.7 million acres have been converted to Jatropha providing a significant amount of raw material for the production of the company's bio-diesel. The Mindanao region is ideal for the Jatropha plantation since many hundred thousands of acres are left vacant, yet the area has all the perfect conditions to yield favorable harvests.

"We are glad to have completed the first initial phase of the conversion as we are now poised to become a leader in the production of Bio-Diesel," said Manolo Tecson, CEO of GreenGold Ray Energies Inc. "We are now enabling our partners, the local farmers, to generate a significant income as well as reducing the risk of water-caused disaster by the elimination of erosion from once vacant lands."

About GreenGold Ray Energies

GreenGold Ray Energies, Inc. (PINKSHEETS: GRYE) is a rapidly growing biodiesel, green technology, environmentally-friendly and alternative-renewable energy company. The Company has already solidified its position through a highly successful land acquisition program, acquiring large parcels of land through working alliances and joint venture partnership with landowners and growers, ideal for the cultivation of the jatropha curcas plant. Jatropha curcas grows almost anywhere, even on gravelly, sandy and saline soils. Jatropha oil can be processed to produce a high-quality biodiesel that can be used in a standard diesel car, while the residue can also be processed into biomass to power electricity plants.

Forward-Looking Statements Forward-looking statements in this release include statements regarding the Company's projections regarding biodiesel, biofuels other alternative energy explorations and extractions in future periods. Penny Stocks are highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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