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	Thursday, July 26, 2007 Serengeti Resources Announces Shareholders Rights Plan
	Vancouver , BC, July 26, 2007: Serengeti Resources Inc. (TSX --V: SIR) The Company announces that its Board of Directors has approved and adopted a Shareholders Rights Plan (the "Plan"). The Plan entitles shareholders to severable rights to purchase additional shares of the Company at a 50% discount to the market price of the shares at the time upon the occurrence of a take-over bid (i.e. an offer to purchase 20% or more of the issued shares, when aggregated with the offeror's shareholdings), which fails to meet certain conditions. Bids which meet these conditions ("Permitted Bids") do not trigger the rights to purchase additional shares. Permitted Bids are offers which meet all of the following conditions: 1. The offer is made to all shareholders and includes shares issuable upon exercise of share purchase warrants, stock options and other convertible securities; 2. The offer must contain an irrevocable and unqualified provision that no shares will be taken up or paid for prior to the close of business on a date less than 60 days following the date of the Bid, and only if at such date more than 50% of the shares held by independent shareholders have been deposited or tendered and not withdrawn; 3. The offer must contain an irrevocable and unqualified provision that any shares deposited may be withdrawn at any time until being taken up and paid for; and 4. The offer must contain an irrevocable and unqualified provision that if the deposit conditions set out in item 2 above are met, then the offeror will make a public announcement of that fact, and the bid will remain open for deposits or tenders of additional shares for not less than 10 business days from the date of the public announcement. The Plan is designed to ensure that all shareholders are treated fairly and equitably in the event of a take-over bid and is similar to other shareholder rights plans recently adopted by other Canadian corporations. The Plan is not being proposed in response to, or in anticipation of, any acquisition or takeover offer and is not intended to prevent a take-over bid for the Company. The Plan is subject to the acceptance of regulatory authorities, ratification by the shareholders of the Company, and the acceptance of the rights agent. A full text of the Rights Plan will be posted on the Company's web-site www.serengetiresources.com and SEDAR at www.sedar.com. Registered common shareholders will be provided with a synopsis of the Plan, such synopsis to be included in an information circular delivered to each shareholder prior to the Annual General Meeting to be held August 24, 2007. The Company also announces that it has granted options to purchase 55,000 shares at $1.78 per share to a new employee. For further information, please contact: David W. Moore, President and CEO, Serengeti Resources Inc., 604-605-1300 Email: dmoore@serengetiresources.com Website: www.serengetiresoucres.com Investor Relations: ph 604-685-8184 / Email: info@serengetiresources.com The TSX Venture Exchange has neither approved nor disapproved the contents of this news release

Serengeti Resources

	EXPLORATION STAGE
	CODE : SIR.V
	ISIN : CA8174991064

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Serengeti Res. is a copper and gold exploration company based in Canada.

Serengeti Res. holds various exploration projects in Canada and in Mexico.

Its main exploration properties are CROY BLOOM, NECHAKO, OMENICA, KWANIKA, GERMANSEN-VALLEAU, QUEST and KEM in Canada.

Serengeti Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 35.1 millions as of today (US$ 28.1 millions, € 23.5 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 4.80, and its lowest recent point on January 22, 2016 at CA$ 0.02.

Serengeti Res. has 71 540 000 shares outstanding.

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Serengeti Resources

Announces Shareholders Rights Plan

Serengeti Resources