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333 Seymour Street, 14th Floor
Vancouver, British Columbia, Canada V6B 5A6
Tel: (604) 669-6952       Fax: (604) 669-6331

NEWS RELEASE

July 3, 2008

TSX - Venture: TPC

Corporate Update


TrueStar Petroleum Corporation announces the appointment of Brett Cunningham as President of TrueStar International Ltd., (TIL).  "With Brett at the helm, TrueStar International is poised to expand and develop international projects and has made great inroads in that direction, notably in China," states Dick Shuster, TrueStar’s Chairman & CEO.  TrueStar would like to express thanks to Charles Kohlhaas, who has held the position in the past and continues to offer his knowledge and experience to the Company.  Dr. Kohlhaas’ new role will be announced soon.

The Company also announces the resignation of Director Paul B. Manson as of June 30, 2008.  Mr. Manson has had a long history with TrueStar and has been a valuable Board member.  The Company wishes to thank him for his services.

About TrueStar
TrueStar Petroleum Corporation is an oil and gas exploration, development, and production company.  TrueStar has two producing gas wells in the Barnett Shale gas play in Texas and a 10% interest in a license for oil and gas development on 554,000 acres in Guatemala, and is waiting the reassignment of the remaining 90% interest in the 554,000 acre License.  Additional information on TrueStar Petroleum Corporation is available at http://www.truestar-petroleum.com   

For further information:   


Dick Shuster, 
(303) 893-2100 (O)
(303) 893-2101 (F)

 



dshuster@truestar-petroleum.com


Canada Office
(604) 669-6952 (O)
(604) 669-6331 (F)

 



Cindy Newton, Secretary VP Administration
info@truestar-petroleum.com

ON BEHALF OF THE BOARD OF DIRECTORS

"Dick Shuster"
      Dick Shuster
      Chairman & CEO


The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.

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