Macro Enterprises Inc. (the "Company" or "Macro") (TSX VENTURE:MCR) announces
that the lenders to Macro under the terms of a Convertible Loan Agreement, as
amended, dated July 7, 2006 among the lenders, Macro and its wholly- owned
subsidiary, Macro Industries Inc. have given Macro notice of their intention to
request that Macro issue an aggregate of 3,792,701 Common shares to the lenders
in satisfaction of $5,689,051, being the aggregate principal amount of the loan
at a conversion price of $1.50 per common share. The TSX Venture Exchange has
approved the issuance of the common shares to the lenders, including the
following three lenders who are insiders of Macro: Frank Miles, Mark Dodge and
Hugh Sewell. Particulars of the loan agreement, were set out in Macro's news
release dated March 28, 2012, and a copy of the loan agreement is available on
SEDAR at www.sedar.com. 


Frank Miles has advised Macro that he plans to sell up to 1,000,000 shares of
the Company either privately or in the public market through the TSX Venture
Exchange. Mr. Miles has filed a Notice of Intention to Distribute Securities
under Section 2.8 of National Instrument 45-102 Resale of Securities, a copy of
which is available on SEDAR. Mr. Miles stated "As the largest shareholder of
Macro and its Chief Executive Officer responsible for the day to day operations,
I remain absolutely committed to working to ensure the continued success of our
business." 


Macro's core business is providing pipeline and facilities construction and
maintenance services to major companies in the oil and gas industry in
northeastern British Columbia and northwestern Alberta. The Company's corporate
office is in Calgary, Alberta. Its shares are listed on the TSX Venture Exchange
under the symbol MCR. Information on the Company's principal operating unit,
Macro Industries Inc., can be found at www.macroindustries.ca.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Macro Enterprises Inc.
Frank Miles
President and C.E.O.
(250) 785-0033


Macro Enterprises Inc.
T. Jerrold Jackson
C.F.O.
(403) 705-7302

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