EGR Commerce Energy Grp.,

Commerce Energy Group, Inc. (AMEX:EGR) announced today that the company has advised the NYSE Alternext US LLC, formerly known as the American Stock Exchange (the �Exchange�), that the company is contemplating a significant transaction. The Exchange has halted trading in shares of the company�s common stock for news pending. About Commerce Energy Group Commerce Energy Group is a leading independent U.S. electricity and natural gas marketing company. Its principal operating subsidiary, Commerce Energy, Inc., is licensed by the Federal Energy Regulatory Commission and by state regulatory agencies as an unregulated retail marketer of natural gas and electricity and serves homeowners, commercial and industrial consumers and institutional customers. For more information, visit www.CommerceEnergy.com. Forward-Looking Statements This press release contains forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, particularly those statements regarding the effects of the proposed transaction and those preceded by, followed by or that otherwise include the words �believes,� �expects,� �anticipates,� �intends,� �estimates,� or similar expressions. Forward-looking statements relating to expectations about future results or events are based upon information available to Commerce as of today�s date, and Commerce does not assume any obligations to update any of these statements. The forward-looking statements are not guarantees of the future performance of Commerce and actual results may vary materially from the results and expectations discussed.