HRJ--Germany Habanero Grants Options

HABANERO RESOURCES INC.

(“Habanero”)

1470-701 West Georgia Street Vancouver, BC Canada V7Y 1C6 March 28, 2012

Trading Symbol:

HAO: TSX Venture Exchange HBNRF—USA HRJ--Germany

Habanero Grants Options

Habanero Resources Inc. has granted 4,490,000 incentive stock options to directors, officers and consultants at an exercise price of $0.10 per share for five years. These shares are not subject to a hold period.

If you would like to be added to Habanero's email updates list, please send an email to [email protected] requesting to be added.

Habanero Resources Inc.

Tel: 604 646 6900

“Jason Gigliotti”

Jason Gigliotti, President

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.