Primeline Rights to Commence Trading on April 13, 2010

HONG KONG, CHINA, Apr 06 (MARKET WIRE) --
Primeline Energy Holdings Inc. ("Primeline" or the "Company") (TSX
VENTURE: PEH) is pleased to announce that it received a receipt today for
its short form prospectus relating to a rights offering (the "Offering")
to raise gross proceeds of CAD$23, 510, 311 from the securities
regulatory authorities in British Columbia, Alberta, Ontario and Quebec.

Each holder of record of Primeline common shares ("Shares") as of April
15, 2010, will be entitled to receive one right (a "Right") for each
Share held. One Right will entitle the holder to acquire one Share at a
price of $0.50 per Share (the "Subscription Price") until 2:00 pm
(Vancouver time) on May 6, 2010.

The TSX Venture Exchange (the "TSXV") has advised Primeline that the
Rights will commence trading on the TSXV beginning on April 13, 2010 and
that the Shares will begin trading on an "ex-Rights" basis at the same
time. The Rights are expected to be posted for trading until 9:00 am
(Vancouver time) on May 6, 2010.

The (final) prospectus and the certificates representing the Rights are
expected to be mailed to eligible holders on or around April 16, 2010.
Further details concerning the Offering are contained in the (final)
prospectus available on the Company's profile at www.sedar.com.

About Primeline Energy Holdings Inc.

Primeline is an exploration and development company focusing exclusively
on China resources to become a major supplier of gas and oil to the East
China market. Primeline has a 75% Contractor's interest in the Petroleum
Contract with CNOOC for Block 25/34, an offshore exploration area of
5,221 sq km in the East China Sea, where the Lishui 36-1 discovery is
located. A 3D survey was used to define a number of high potential
prospects near the discovery for the Company's step out exploration
programme. Previously drilled wells in and around Block 25/34 encountered
oil and gas shows and flows indicating that there is significant
hydrocarbon potential in the remainder of the Block. Shares of the
Company are listed for trading on the TSX Venture Exchange under the
symbol PEH.

ON BEHALF OF PRIMELINE ENERGY HOLDINGS INC.

Ming Wang, Chief Executive Officer

Please visit the Company's website at www.pehi.com. Should you wish to
receive Company news via email, please email Chelsea@chfir.com and
specify "Primeline Energy" in the subject line.

This news release does not constitute an offer to sell, or the
solicitation of an offer to buy securities in any jurisdiction, including
the United States, or to or for the account or benefit of U.S. persons
absent U.S. registration or an applicable exemption therefrom, nor shall
there be any sale of the securities in any state in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state. The Rights and
the Shares issuable on exercise of the Rights will not be and have not
been registered under the U.S. Securities Act, and may not be offered or
sold in the United States or to, or for the account or benefit of, a U.S.
person.

Neither the 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.

Contacts:
Primeline Energy Holdings Inc.
Dr. Ming Wang
CEO
+44 207.499.8888 or Toll Free: 1.877.818.0688
+44 207.499.2288 (FAX)
IR@pehi.com
www.pehi.com

CHF Investor Relations
Robin Cook
Senior Account Manager
+1 416.868.1079 x228
+1 416.868.6198 (FAX)
robin@chfir.com

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