Homeland Energy Announces Appointment of New Chief Financial Officer

TORONTO, CANADA -- (Marketwire) -- 07/21/10 -- Homeland Energy Group Ltd. (TSX: HEG) ('Homeland' or the 'Company') is pleased to announce the Company has appointed Ajay Gupta as Chief Financial Officer effective July 13, 2010. Jeff Lowe, who has been Acting Chief Financial Officer of Homeland during the search process, will continue to provide the Company and Mr. Gupta with his expertise and support until September 30, 2010.

Ajay Gupta is a Chartered Accountant, as well as a USA designated Certified Internal Auditor (CIA) and Certified Public Accountant (CPA). He is also a fellow member of the Institute of Chartered Accountants of India (FCA).

Ajay Gupta has over twenty years of finance and accounting experience, including over twelve years of international experience in the field of corporate finance, financial reporting, corporate governance and risk management. He has worked with leading international and Canadian publicly traded companies. Most recently he was CFO of African Aura Resources Ltd. and Scandinavian Minerals Limited which recently merged with First Quantum Minerals Ltd. He has also worked with Deloitte & Touche LLP, DuPont Canada, Samara Group and S R Khurana & Co.

The Board of Directors would like to thank Jeff Lowe for his services as Acting Chief Financial Officer over the last 9 months and wish him well with all his future endeavours.

Homeland Energy Group Ltd. (TSX: HEG) is a coal producer with operations in the Witbank area of South Africa. The company also has a large-scale development property in South Africa and exploration interests in Southern Africa. Homeland will continue to seek out interests in additional coal projects in South Africa and neighbouring countries as well as internationally. Homeland is a shareholder in Homeland Uranium Inc., a Canadian uranium exploration company focused on projects in Niger and the United States. Homeland Energy Group Ltd. is currently traded on the Toronto Stock Exchange under the symbol 'HEG' with 302,115,756 common shares issued and outstanding. www.homelandenergygroup.com.

Please visit www.homelandenergygroup.com

Contacts:

Homeland Energy Group Ltd.

Ashis Basu

Interim Chief Executive Officer

+1 416 506-1979
info@homelandenergygroup.com
www.homelandenergygroup.com