Savanna Energy Announces Dividend

Savanna Energy Services Corp. reported that its Board of Directors has declared a dividend payment of $0.025 (Cdn.) per share to holders of Common Shares in accordance with its quarterly dividend policy. The date of record will be April 2, 2008 and the payment date will be April 16, 2008. The ex-dividend date is March 31, 2008. This dividend is an eligible dividend for Canadian income tax purposes.