ERA Carbon Offsets Ltd. Announces Significant First Sale and Delivery of Offsets from Mai Ndombe REDD+ Project in the DRC

ERA Carbon Offsets Ltd. Announces Significant First Sale and Delivery of 
Offsets from Mai Ndombe REDD+ Project in the DRC 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/01/13 -- ERA Carbon
Offsets Ltd. ("ERA" or the "Company") (TSX VENTURE:ESR) is pleased to
announce that it has completed its first sale and delivery of carbon
offsets from its landmark Mai Ndombe REDD+ (Reduced Emissions from
Deforestation and Degradation) project in the Democratic Republic of
Congo. The buyer is Forest Carbon Group AG ("FCG"), based in
Frankfurt Germany. A total of 300,000 offsets from the first vintage
of approximately 2.5 million verified offsets were transacted.  
This transaction is the first sale and delivery of Mai Ndombe REDD+
offsets to occur under a three year sales agreement with FCG under
which ERA will deliver a total of 1.1 million offsets through the end
of 2014. Following this initial delivery, subsequent delivery is
scheduled to occur in tranches of 100,000 offsets in each quarter
throughout 2013 and 2014. 
The Mai Ndombe REDD+ project is the first REDD project originating in
the DRC to be fully validated and verified, and the first REDD
project in the ecologically rich Congo Basin. Developed in
partnership between ERA and Wildlife Works LLC, Mai Ndombe REDD+ will
produce approximately 175 million offsets over its 30 year project
life. Mai Ndombe was recently validated and verified by
internationally recognized auditing firm Det Norske Veritas, under
both the Verified Carbon Standard (VCS) and double Gold level,
Climate, Community and Biodiversity Alliance Standard (CCBA). The
project is considered a pilot for the United Nations REDD Programme
approach of establishing REDD+ on provincial levels within the DRC. 
Dr. James Tansey, CEO of ERA stated, "We are very excited to reach
another significant and important milestone in the development of the
Mai Ndombe REDD+ project. Following its validation and verification
this past December, we are pleased to see early support from the
marketplace, which is necessary for important projects like Mai
Ndombe to flourish. We'd like to thank Forest Carbon Group for their
valuable support and multiyear commitment to Mai Ndombe and its
Alexander Zang, CEO of FCG, said: "We strongly believe that this
ect offers great values and we are proud to be the first anchor
buyer of Mai Ndombe offsets. The project contributes to preserve the
second largest rainforest in the world. Besides its manifold benefits
for the earth's and region's climate and biodiversity, we and our
clients were attracted by the strong commitment to improve local
people's livelihoods. The project indeed offers a ray of hope in the
fight against deforestation, poverty and marginalization in this
region of the DR Congo." He added, "Mai Ndombe will be a cornerstone
of Forest Carbon Group's mission to build up more demand for forest
carbon projects in the voluntary market. We are confident that other
buyers will follow our lead, and would like to thank ERA and Wildlife
Works LLC for the tremendous work and achievements on the ground." 
Granting of Stock Options 
The Company also wishes to announce that it has granted, to
Directors, officers, employees and consultants, a total of 275,000
incentive stock options at an exercise price of $0.21 exercisable for
a period of five (5) years.  
James Tansey, Ph.D., President and CEO  
ERA Carbon Offsets Ltd. 
About ERA Carbon Offsets Ltd.  
As Canada's largest and most diversified carbon management solutions
company, ERA Carbon Offsets Ltd. helps organizations understand,
reduce and offset their climate impact. Its team of industry leaders
specializes in the origination, development and commercialization of
high-quality carbon offset projects and is proud to also provide
clients with a comprehensive offering of sustainability consultancy
services. A merger of ERA Carbon Offsets and Offsetters, ERA Carbon
Offsets Ltd. is based in Vancouver, Canada and has worked with over
150 of the world's most prestigious organizations including Aimia,
Vancity, lululemon athletica, Catalyst Paper, Harbour Air, HSE -
Entega, and Shell Canada Limited. ERA is publicly listed company on
the Toronto Venture Exchange (TSX VENTURE:ESR) and in Frankfurt:9EA.
For more information, please visit us at and  
FORWARD-LOOKING STATEMENTS: This document includes forward-looking
statements as well as historical information. Forward-looking
statements include, but are not limited to, the continued advancement
of the company's general business development, research development
and the company's development of forest-based carbon offsets. When
used in this document, the words "anticipate", "believe", "estimate",
"expect", "intent", "may", "project", "plan", "should" and similar
expressions may identify forward-looking statements. Although ERA
Carbon Offsets Ltd. believes that their expectations reflected in
these forward looking statements are reasonable, such statements
involve risks and uncertainties and no assurance can be given that
actual results will be consistent with these forward-looking
statements. Important factors that could cause actual results to
differ from these forward-looking statements include fluctuations in
the marketplace for the sale of carbon credits, the inability to
implement corporate strategies, the ability to obtain financing and
other risks disclosed in our filings made with Canadian Securities
ERA Carbon Offsets Ltd.
David Rokoss
604-973-6512 /
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