Littlefield Corporation to Release Fourth Quarter and Full Year 2011 Earnings on Wednesday, March 7, 2012

Littlefield Corporation (OTCQB: LTFD) announced today that it will release its Fourth Quarter and Full Year 2011 earnings on Wednesday, March 7, 2012 consistent with its year end reporting schedule, and a conference call and webcast will be held on Friday, March 9, 2012 to discuss the earnings.

The conference call will be held at 11:00 AM CST on March 9, 2012. Anyone who wishes to participate in the live conference call may do so by calling [phone], and referencing the Littlefield Corporation conference call. Callers will be asked for their name, company affiliation and email address.

The conference call can also be heard live on the internet at www.investorcalendar.com; type in the Littlefield ticker symbol “ltfd.” Questions may be sent to President and CEO Jeffrey L. Minch in advance at [e-mail], or in person by calling [phone]. Questions may also be asked during the question and answer period at the end of the conference call.

The conference call is available for 90 days online at www.investorcalendar.com; type in the Littlefield ticker symbol “ltfd.” After one week the conference call is also available on the Company’s website at www.littlefield.com/presidents_messages.html.

To submit questions for the conference call, please contact President and CEO Jeffrey L. Minch:

Jeffrey L. MinchPresident and CEO[phone], phone[phone], [e-mail]

ABOUT LITTLEFIELD CORPORATION

Littlefield Corporation, headquartered in Austin, Texas, is the largest public owner of charitable bingo halls in the United States. The Company, through its corporate subsidiaries, develops, owns and operates 40 halls in Texas, South Carolina, Alabama and Florida. In Texas its corporate subsidiaries are involved as a licensed commercial lessor and in South Carolina as a licensed promoter. 145 charities conduct bingo in these charitable bingo halls.