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Dear Reader,

Breaking news from Natural Blue Resources (OTCBB:NTUR) this morning offers the elements we endeavor to find in emerging small cap equities: penetration in a growth market, execution of the company’s business plan and the leadership of a potent management team.

While that sounds a bit like a corporate love note, it isn’t. A deeper view of NTUR expresses some unique qualities not often seen at the small or microcap level. For starters, the release issued today in which the company reports some strong agreements to sell HMS recycled steel in the top market in the world, China, contains comments from their CEO, Toney Anaya, who also just happened to have been the accomplished governor of New Mexico.

The presence of a governor at the helm, not just on some ceremonial board of directors where he lent his name, both explains NTUR’s ability to close such a deal and to execute the international agreement. For Natural Blue Resources’ subsidiary, Natural Blue Steel, LLC, it’s a strong opening statement for the recently formed entity.

Playing in the international steel market is not the province of your average small cap either, adding some appeal to the news itself, and affirming the company’s objective to pursue opportunities in the ever-growing “green” space.
d that could prove very rewarding for shareholders going forward. One thing is clear and that is the move to green energy continues to gain steam and the industry is big enough for a company like Natural Blue to thrive and deliver profits to shareholders.

*** Breaking News from NTUR ***

SANTA FE, N.M., Feb. 8, 2010  -- Natural Blue Resources, Inc. (OTCBB:NTUR) announced today the signing of three contracts by Enso Steel, Inc. for the sale of HMS1 recycled steel for an aggregate sales price of $13.4 million to customers based in China. Natural Blue Steel, LLC, a wholly owned subsidiary of Natural Blue Resources, has associated with Enso Steel, an otherwise unaffiliated company, for the purpose of pursuing opportunities in the recycled steel business, and arranged for the sale of the recycled steel under the contracts. Natural Blue Steel will continue its association with Enso Steel to seek out similar market opportunities and transactions in the future. According to Enso President Robert Hunt, the sale is the first in a series of transactions for Natural Blue Steel to become a premier provider of HMS steel products to China, the world's number one consumer of HMS recycled steel. Mr. Hunt commented, "Natural Blue Steel has located vast quantities of steel product and we are well on our way to forging long term relationships with large end users throughout Asia. We believe this business will be a rapidly growing segment for Natural Blue Steel as we expand our product offerings and our strategic relationships in the Asian market."

According to the Natural Blue Resources' Chairman and CEO Toney Anaya, "The worldwide demand for recycled steel is presenting an exciting opportunity for our company to aggressively pursue this market. Recycling is a recurring theme of Natural Blue Resources and its subsidiaries as we integrate various "green space" industries in our business growth strategy."

Anaya added, "The addition of global opportunities in the recycled steel business will be a focal point of our company. Natural Blue Steel has begun to assemble an impressive customer list and management believes Natural Blue Steel will remain active in the near term following this first shipment to our customers in China."

Natural Blue Resources, Inc. is a publicly traded company (OTCBB:NTUR - News). The Ecowave technology is exclusive to NTUR worldwide excluding S.Korea, where it was developed and is now in full operational use.

Forward-Looking Statements:

This release includes statements that constitute forward-looking statements. Such forward-looking statements are based on information available at the time and management's belief with respect to future events, and are subject to factors, risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Such factors, risks and uncertainties include, but are not limited to, those described by Natural Blue Resources, Inc. in its public filings with the Securities and Exchange Commission. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not have any obligation or intention to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise, to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information.

SafeHarbor Statement: certain statements contained herein are forward looking. These forward-looking statements are based on our current expectations and are subject to a number of risks, uncertainties and assumptions. Many factors could cause actual results to differ significantly from these statements, including our history of operating losses, our need for additional financing, a failure of our products to perform as expected, introduction of competing products by other companies, pressures on prices from competitors and/or customers, regulatory obstacles to new product introductions, lack of acceptance of our products and technology changes. These risks, uncertainties and assumptions are detailed in documents filed by us with the Securities and Exchange Commission. The Company cautions that the foregoing list of important factors is not exclusive. Any forward-looking statements are made as of the date of the document in which they appear. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.

Contact:

Natural Blue Resources, Inc.
866-739-3945

Toney Anaya

Chairman & CEO

Toney Anaya is a former Governor (1983-1986) and Attorney General of New Mexico (1975-1978). As Attorney General, he is recognized for turning a previously obscure office into a major force as a protector of consumer rights. As Governor, he focused on energy alternatives, water development and conservation, the environment, education, economic development, and provided leadership in investing of the state’s multi-billion dollar trust funds. Known as a visionary, he successfully steered the state through a national recession, transforming New Mexico into a more technology-based economy and laid the groundwork for future deployment of rapid rail transit, education and social reform.

From Anaya Law offices in Santa Fe, he represents major corporate clients; pursues his own business development initiatives, including real estate and energy projects; was a founding member of Valor Telecommunications which provides telephone service in New Mexico, Texas, and Oklahoma; for five years was a principal advisor to the country of Mexico during negotiations and passage in the U.S. of the North American Free Trade Agreement. He has served on many public and private boards and commissions. He also possesses extensive federal government experience in Washington, D.C., including seven years at the U.S. Department of Labor and U.S. Department of State and five years as legal counsel to a U.S. Senator.

He has a Juris Doctorate from American University; a B.A. from Georgetown University.

Eco Wave converts residuals from a wide variety of municipal, agricultural and industrial applications up to a Class AA Exceptional product with a patented Microwave/Near Infrared drying process that is safe, energy efficient, highly scalable, low to no odor, low operation and maintenance cost, and Eco sensitive.

Environmentally-friendly drying technology minimizes emissions of secondary pollutants (dust, CO, CO2, NOx, SOx, etc.) by use of ONLY electric energy. 

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