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NEWS RELEASES

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04/02/2008 Polaris Geothermal Inc. Closes $27 Million Debenture Private Placement
04/02/2008 Polaris Geothermal Inc. Reports 2007 Year End Results and Provides a Project Update
03/20/2008 Geothermal Inc. Announces $27 Million Debenture Private Placement
02/29/2008 Well SJ9-1 Production Test - Successful Results
02/07/2008 Production Drilling Progress
12/27/2007 Appointment of James B. Randle as Vice-President,
Project Development
12/10/2007 Operations Update
09/19/2007 Polaris Geothermal Inc. Enters into Agreement with Exorka International Limited
08/15/2007 Operations Update
07/27/2007 Polaris Geothermal Inc. Announces Completion of $32 Million Private Placement
07/04/2007 Polaris Geothermal Inc. Announces $25 Million Private Placement
06/12/2007 Polaris Geothermal Announces Resolution of Concession Dispute and
Commencement of Drilling
05/15/2007 Polaris enters MOU on San Jacinto-Tizate title issues
04/26/2007 Polaris Geothermal Announces Appointment of New Director and Provides Updates
on Concession Dispute
02/26/2007
02/13/2007

Polaris Geothermal Opens TSX Trading on Tuesday, February 13, 2007

02/02/2007 Polaris Geothermal signs well drilling contracts
01/18/2007 Polaris Geothermal Inc. To List on TSX on Jan 18th
01/08/2007 Polaris Geothermal Completes Second Tranche of Unit Financing and Provides Update
01/02/2007 Polaris Geothermal Completes First Tranche of Unit Financing
12/11/2006 Polaris Geothermal Provides Update
10/20/2006 Polaris Geothermal - New Energy Capital Markets Day - LSE  October 20, 2006
08/28/2006 Polaris Geothermal Announces $12.0 Million Private Placement
08/11/2006 Polaris Geothermal Inc. Enters Agreement to Expand its
Generating Capacity to 31.4 MW
06/29/2006 Polaris Geothermal forms Strategic Alliance with Sinclair Knight Merz for new Geothermal Projects
06/22/2006 AGM ( Annual General Meeting)
06/22/2006

POLARIS GEOTHERMAL SELLS CARBON CREDITS

05/08/2006 DUNDEE Market outperform: 200 MW Models Up From 75 MW
05/03/2006 Polaris Geothermal Reports 2005 Year End Results
04/28/2006 Polaris Geothermal Announces Registration for Sale of Carbon Credits
04/07/2006 Polaris Geothermal Update
03/03/2006 Polaris Geothermal Announces Completion of US$7 Million Debenture Financing
01/20/2006

Polaris Geothermal Announces Activation of Power Purchase Agreement, Creation of Carbon Credits and US$7 Million Debenture Financing

11/30/2005

Polaris Reports Completion of First 10 MW and Third Quarter Results

10/13/2005

Polaris Geothermal adopts aggressive strategy to accelerate power production

08/30/2005 Polaris Geothermal Reports Second Quarter Results and updates progress on San Jacinto Project
07/05/2005 Polaris Geothermal Inc. - Stock Option Grant
06/10/2005 Standard Bank makes equity investment in Polaris Geothermal
06/08/2005 Polaris Geothermal Announces Inauguration Date for the
San Jacinto Power Plant
06/03/2005 Polaris announces grid connection at San Jacinto Project
06/01/2005 Polaris' San Jacinto Resource Increases To 200 MW
05/31/2005 Polaris Geothermal Reports First Quarter Results
05/30/2005 Polaris Successfully Completes Steam Blow at San Jacinto Project
See pictures in the Project » Photo Gallery section
05/25/2005 Testing Indicates Larger Geothermal Resource on Polaris' Casita Concession
05/05/2005 Polaris Geothermal Reports 2004 Year End Results
04/20/2005 Larger resource on Polaris Geothermal's San Jacinto concession
04/11/2005 Polaris Begins Commissioning of the San Jacinto Power Project
01/28/2005 Polaris Completes Acquisition of Debis Shares
01/12/2005 Polaris Completes Second Tranche Of $7 Million Financing
12/31/2004 Polaris Geothermal raises $5.33-million
12/24/2004 Polaris Increases Stake in the San Jacinto - Tizate Geothermal Project
12/16/2004 Polaris Geothermal Inc.: Banking Syndicate Provides Second Tranche
of Financing for the San Jacinto Geothermal Project
12/2/2004 Polaris Geothermal Reports Third Quarter Results;
Stage 1 of San Jacinto-Tizate Project 66% complete
11/19/2004 Polaris Geothermal Announces $7 Million Private Placement
11/15/2004 Polaris Increases Stake In The San Jacinto-Tizate Geothermal Project
08/30/2004 Polaris Geothermal shares begin trading on the TSX Venture Exchange under the symbol "GEO"
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