Ocean Park Extends Warrants to 2013

Suite 302 – 750 West Pender St Vancouver, BC V6C 2T7 Tel: 604-681-0084 Fax: 604-681-0094 www.oceanparkventures.ca

TSX-V SYMBOL: OCP

NEWS RELEASE Ocean Park Extends Warrants to 2013

January 6, 2012 - Vancouver, B.C. Ocean Park Ventures Corp. ("Ocean Park" or the “Company”) (TSX- V: OCP) announces that it has made application to the TSX Venture Exchange to extend the expiry date of the remaining 6,696,500 share purchase warrants expiring January 28, 2012 (the "Warrants"), for an additional year to January 28, 2013.

The Warrants were originally issued on March 15, 2010 upon conversion of certain subscription receipts issued pursuant to a private placement which closed on January 28, 2010. The Warrants originally provided for each Warrant to be exercisable into a common share of Ocean Park at a price of $0.75 for a period of two years from the closing of the private placement. Subject to regulatory approval, the expiry date of the Warrants will be extended to January 28, 2013. There will be no change in the exercise price.

For further information please contact Mr. Tony Ricci, Chief Financial Officer, at 604-681-0084.

OCEAN PARK VENTURES CORP.

On behalf of the Board

"Tony Ricci"

Tony Ricci, Chief Financial Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.

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