Primary Energy Recycling Corporation announces resignation of Brian T. Vaasjo from the Board of Directors

OAK BROOK, IL, March 3 /PRNewswire-FirstCall/ -- Primary Energy Recycling Corporation (TSX: PRI.UN) (the "Company") today announced that it has received a February 29, 2008 letter from Brian T. Vaasjo tendering his resignation from the Board of Directors. The resignation was effective immediately.

Michel Lavigne, Chair of the Board of the Company said "Brian has made positive contributions to the Board and we will miss his participation. We thank him for dedicated service and wish him well in his future endeavors."

Forward-Looking Statements

When used in this news release, the words "anticipate", "expect", "project", "believe", "estimate", "forecast" and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks, uncertainties and assumptions pertaining, but not limited, to operating performance, regulatory parameters, weather and economic conditions and the factors discussed in the Company's public filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect new events or circumstances.

About Primary Energy Recycling Corporation

Primary Energy Recycling Corporation owns a majority interest in Primary Energy Recycling Holdings LLC ("PERH"). PERH, headquartered in Oak Brook, Illinois, indirectly owns and operates four recycled energy projects and a 50 per cent interest in a pulverized coal facility (collectively, the "Projects"). The Projects have a combined electrical generating capacity of 283 megawatts and a combined steam generating capacity of 1.8 MMlbs/hour. PERH creates value for its customers by capturing and recycling waste energy from industrial and electric generation processes and converting it into reliable and economical electricity and thermal energy for its customers' use. For more information, please see www.primaryenergyrecycling.com.


Source: Primary Energy Recycling Corporation

CONTACT: V. Michael Alverson, Chief Financial Officer, EPCOR USA Ventures
LLC, (630) 371-0505, investorinfo@primaryenergy.com


2008-03-03 19:33:06 0303496 PRNEWSWIRE

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