SAH Sahara Energy Ltd

(August 27, 2010) - Sahara Energy Ltd. (the "Corporation") (TSX VENTURE:SAH)
(PINK SHEETS:SAHRF) announces that further to its press release dated June 8,
2010 wherein it announced the Memorandum of Understanding (the "MOU") with King
World International Holdings Ltd., which included the undertaking by the
Corporation to propose a share consolidation to its shareholders on a one (1)
for six (6) basis, the Corporation confirms that it will be placing before its
shareholders at a Special Meeting to be held September 3, 2010 (the "Meeting") a
special resolution (the "Share Consolidation Resolution") authorizing the
Corporation to file articles of amendment to provide for the consolidation of
the issued and outstanding Common Shares of the Corporation on the basis of one
(1) post- consolidation Common Share for every six (6) pre-consolidation Common
Shares (the "Share Consolidation"). The Share Consolidation Resolution must be
passed by not less than two-thirds of the votes cast by shareholders represented
in person or by proxy at the Special Meeting. The Share Consolidation requires
the acceptance of the TSX Venture Exchange. If the Share Consolidation
Resolution is passed, the directors of the Corporation will have the authority
to revoke it before it is acted upon. The Corporation currently has issued and
outstanding 38,036,302 Common Shares which would result in 6,339,384 Common
Shares being issued and outstanding following the Share Consolidation. In order
to attract equity financing to meet the Corporation's working capital
requirements and in order to fund future acquisitions, and pursuant to the
requirements of the MOU, the directors consider it advisable to consolidate the
Common Shares as outlined above. Reference is made to the Creditors Proposal and
proposed Private Placement referred to in the Corporation's press release dated
June 8, 2010. Following the completion of the Share Consolidation and Creditors
Proposal and assuming 58 million Common Shares are issued pursuant to the
Private Placement, the Corporation will have approximately 73.3 million Common
Shares outstanding.


The Corporation does not propose to change its name in conjunction with the
Share Consolidation.

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