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Littlefield Corporation Announces Relocation

21 June 2000

AUSTIN, Texas, June 21 (Press Release) -- Littlefield Corporation (Nasdaq: LTFD - news) announces that its relocation from West Columbia, South Carolina is now completed and the Company is now operating from its new offices in Austin, Texas.

The Company's accounting system is operational at the new office location. The move has allowed the Company to achieve an operating economy associated with the move and the continuing consolidation of the Company's formerly distributed accounting system of two full time employee equivalent positions.

Jeffrey L Minch, the President of Littlefield Corporation, offered the following:

``Littlefield Corporation's relocation from South Carolina to Austin is a welcome change and will allow us to create a seamless team able to rise to the continuing challenges of our changing business. It is a great symbol of our new beginning, was accomplished at a minimal cost and will allow us to continue to trim operating expenses.''

Littlefield Corporation, through its business unit Littlefield Entertainment is engaged in the development and operation of charitable bingo halls. Qualified charities are able to fund their worthy causes by offering consumers entertainment in the form of bingo games -- subject to strict regulatory oversight -- for which the charities pay rent to Littlefield Entertainment for the use of the facility subject to long-standing leases. Littlefield Entertainment has relationships with over 60 such charities.

Charities playing in Littlefield Entertainment halls received approximately $3,200,000 in 1999 to fund their noble causes.

Littlefield Entertainment is the only public company attempting to strategically consolidate this $12,000,000,000 arcane, niche industry and is currently the largest public company operating charitable bingo halls in the United States. Littlefield Entertainment operates twenty (20) bingo halls in Texas, Alabama and South Carolina and is currently developing two (2) new bingo halls in Alabama that will commence operations in 2000.

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