Littlefield Corporation (OTCBB:LTFD) announces that Richard S. Chilinski has
accepted the position of Chief Financial Officer of Littlefield Corporation
effective Monday, July 31, 2006. Rich is an experienced and seasoned
financial professional with thirty years of related work experience spanning
public accounting, manufacturing, services, consulting and high technology.
He has held financial analysis, estimating, strategic planning, controller,
chief financial officer and vice president of finance positions in
established companies and startups. He has worked for such prestigious
companies as Peat Marwick, Bausch & Lomb, IBM and Baker Hughes. He is
experienced in public company issues having fairly recently been the Senior
Vice President and CFO of a public company with direct experience in taking
the company public, SEC reporting, stock options, shareholder communications
and investor relations.
In addition to the usual expected disciplines of finance, accounting,
treasury, budgeting, forecasting, management and regulatory reporting and
tax planning, Rich is experienced in information technology, human
relations, incentive compensation, mergers, acquisitions, capital
transactions and due diligence.

Rich holds a BA from St John Fisher College and an MBA in Finance and
Accounting from the William E Simon Graduate School of Business of the
University of Rochester. He was formerly a Certified Public Accountant in
New York and will become registered as a CPA in Texas as a condition of his
employment.

Jeffrey L. Minch, President and Chief Executive Officer of Littlefield
Corporation, offered the following comments:

“Rich Chilinski is a seasoned and experienced leader and finance
professional who will be a welcome addition to our Company. He is a solid
businessman.

He has a wealth of experience which will be valuable to the Company
immediately and in the future. He has demonstrated strengths in areas from
which the Company will immediately benefit. He also represents a significant
addition to the Company’s day to day management continuity, capability and
depth.

Rich will provide a strong foundation for the Company’s continued growth and
his ability to perform at a consistently high level will provide certainty
at a critical time in the Company’s history.”