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NAEG Update on SEC Temporary Trading Suspension

FOREST HILLS, N.Y., March 19 /PRNewswire-FirstCall/ -- Native American Energy Group, (NVMG) -- On March 13, 2008, the SEC ordered a 10 day temporary suspension of trading in the NVMG securities as well as the securities of 25 other companies. We have learned that the SEC has issues and concerns with the adequacy and accuracy of information pertaining to the status of the 26 companies as publicly traded companies, as well as the lawyers that advised such companies using a tactic known as 'corporate hijacking.' We have started an investigation into the issues raised by the Commission and are evaluating our legal options with respect to the allegations and any damages the Company or our shareholders may suffer as a result of this suspension.

Accordingly, reference is made to a March 13, 2008 press release by the SEC, which stakeholders can access, and are encouraged to view, below:

http://sec.gov/news/press/2008/2008-41.htm

Native American Energy Group is engaging appropriate legal counsel and will provide any information and documentation in its possession to the SEC to ensure compliance. We will provide continuous updates on the investigation to shareholders via official press releases as advised by legal counsel.

Native American Energy Group (NAEG) is a publicly traded, independent, oil & gas company that is based in New York and trading under the symbol NVMG. The Company specializes in the development of mineral resources & renewable energy systems primarily in Indian Country.

For more information, please visit the Company's website at www.nativeamericanenergy.com

Safe Harbor Statement: This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.