URBANA ANNOUNCES APPOINTMENT OF NEW DIRECTOR

Toronto, Ontario – November 24, 2006 – Urbana Corporation (“Urbana”) (TSX Venture: URB) is pleased to announce the election of Bethann Colle of Toronto as a director of Urbana. Ms. Colle brings long experience as a senior marketing and strategic planning corporate executive and also as an independent consultant in these fields.

 

Please contact Thomas S. Caldwell, President, at 416-595-9106 for further information.

 

This press release has not been reviewed by the TSX Venture Exchange and the TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.