Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) has been asked by
the TSX Venture Exchange and IIROC Market Surveillance to comment on the
Company's recent share price increase. Northern's management is unaware of any
undisclosed material change or corporate development that would account for the
recent increase in the Company's share price. 


Northern Graphite Corporation 

Northern Graphite Corporation is a Canadian company that has a 100% interest in
the Bissett Creek graphite deposit located in eastern Ontario. The Company
expects graphite prices to outperform those of other commodities in an economic
recovery because of Chinese supply problems and the continued rapid growth in
new uses such as lithium ion batteries. Bissett Creek is the only true large
flake deposit and the only one with a bankable Feasibility Study and its major
environmental permit. It also has the best infrastructure of any new graphite
project, the lowest capital cost and the highest operating margin. Additional
information on Northern can be found at www.sedar.com and
www.northerngraphite.com. 


This press release contains forward-looking statements, which can be identified
by the use of statements that include words such as "could", "potential",
"believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other
similar words or phrases. These statements are only current predictions and are
subject to known and unknown risks, uncertainties and other factors that may
cause our or our industry's actual results, levels of activity, performance or
achievements to be materially different from those anticipated by the
forward-looking statements. The Company does not intend, and does not assume any
obligation, to update forward-looking statements, whether as a result of new
information, future events or otherwise, unless otherwise required by applicable
securities laws. Readers should not place undue reliance on forward-looking
statements. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Northern Graphite Corporation
Gregory Bowes
CEO
(613) 241-9959


Northern Graphite Corporation
Stephen Thompson
CFO
(613) 241-9959
www.northerngraphite.com

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