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Littlefield Corporation Appoints New Director

29 May 2003

AUSTIN, Texas -- (Press Release) -- Littlefield Corporation (Nasdaq:LTFD) announces that Carlton R Williams, Jr. of Austin, Texas, has been appointed as a Director of Littlefield Corporation effective today.

Williams is a graduate of Texas Tech University with a degree in Accounting and a graduate of the University of Texas Graduate School of Business with a Master's of Business Administration. He has previously been a Certified Public Accountant and is currently a licensed Real Estate Broker.

In his professional endeavors, he has enjoyed considerable success in the real estate business and in the management responsibilities of small, growing companies. He is currently a principal in the firm HerronWilliams, a consulting real estate brokerage firm specializing in the representation of corporate real estate clients. He has some familiarity with the bingo business having briefly worked in the industry.

Jeff Minch, President and Chief Executive Officer of Littlefield Corporation, offered the following comment:

"Carl Williams will be a great addition to our Board of Directors. He has a passing familiarity with one of our core businesses and knows what is required for small companies to grow and prosper in difficult times. I am looking forward to working with him in the future."

The Littlefield Corporation Board of Directors is currently authorized to be a total of four members. The appointment of Carl Williams as a Director will bring the total of current Directors to three. It should be expected that the Company will be deliberate in appointing additional Directors.

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