Trade Symbol: TSX: TNX AMEX: TRE VANCOUVER, Feb. 19 /PRNewswire-FirstCall/ -- Tanzanian Royalty Exploration Corporation advises that, including this $1 million private placement and interest free advances to the Company to be applied towards the aggregate $3 million private placement (the "Placements"), the Company's Chairman and CEO, Mr. James E. Sinclair's total share placements to date aggregate in excess of $17 million. Mr. Sinclair completed the $1 million private placement announced February 5, 2008 and the $375,000 fourth tranche of the aggregate $3 million private placement first announced on August 10, 2006. The Placements closed on February 19, 2008 and consisted of 167,196 common shares of the Corporation having a purchase price of $5.981 for proceeds totaling $1,000,000 and 61,871 common shares of the Corporation having a purchase price of $6.061 per share for proceeds totaling $375,000. Respectfully Submitted, "James Sinclair" James E. Sinclair Chairman and Chief Executive Officer The Toronto Stock Exchange and American Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of this release Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this news release, such as "measured", "indicated", and "inferred" "resources" that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File # 0-50634, which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. Certain information presented in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Investors are referred to our description of the risk factors affecting the Company, as contained in our Form 20-F, File # 0-50634, for a more information concerning these risks, uncertainties, and other factors. CONTACT: please contact Investor Relations at 1 (800) 811-3855, Visit our website: http://www.tanzanianroyaltyexploration.com/ DATASOURCE: Tanzanian Royalty Exploration Corporation CONTACT: Investor Relations at 1 (800) 811-3855, Visit our website: http://www.tanzanianroyaltyexploration.com/

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