Although theCompany believes that the assumptions inherent in the forward-lookingstatements are reasonable, forward-looking statements are not guarantees offuture performance and accordingly undue reliance should not be put on suchstatements due to the inherent uncertainty therein.SOURCEBanro Corporationplease visit our website at , or contact Mike Prinsloo, Presidentand C.E.O., South Africa, Tel: + 27 (0) 11 958-2885; Arnold T. Forward-looking statements are subject to a number of risks anduncertainties that may cause the actual results of the Company to differmaterially from those discussed in the forward-looking statements, and even ifsuch actual results are realized or substantially realized, there can be noassurance that they will have the expected consequences to, or effects on theCompany. These forward-looking statements reflect the current expectationsor beliefs of the Company based on information currently available to theCompany. All statements, otherthan statements of historical fact, that address activities, events ordevelopments that the Company believes, expects or anticipates will or mayoccur in the future (including, without limitation, statements regardingfuture gold production, potential mineralization, potential mineral resourcesand mineral reserves and the Company’s exploration and development plans andobjectives with respect to its Twangiza project) are forward-lookingstatements. Led by a provenmanagement team with extensive gold and African experience, Banro’s strategyis to unlock shareholder value by increasing and developing its significantgold assets in a socially and environmentally responsible manner.This press release contains forward-looking statements.

With the completion of the UpdatedFeasibility Study, the Company has initiated certain infrastructureimprovements at the project site in advance of mine construction. Banro iscontinuing to optimize the project economics of Twangiza while maintainingexploration activities at Twangiza with the goal of further expanding theoxide and transitional resources.Banro is a Canadian-based gold exploration company focused on the developmentof four major, wholly-owned gold projects, each with mining licenses, alongthe 210 kilometre-long Twangiza-Namoya gold belt in the South Kivu and Maniemaprovinces of the Democratic Republic of the Congo (the “DRC”). A PreliminaryAssessment Study of Twangiza was completed in July 2007 and advanced to aPre-Feasibility Study in July 2008. The results of the Feasibility Study ofTwangiza were released in January 2009, with the accompanying technical reportbeing filed on SEDAR in February 2009. The report isdated July 17, 2009 and entitled “Updated Feasibility Study NI 43-101Technical Report, Twangiza Gold Project, South Kivu Province, DemocraticRepublic of Congo.” The results of the Updated Feasibility Study were reportedin the Company’s press release dated June 8, 2009.The current exploration at Twangiza commenced in October 2005. TORONTO, July 20 /PRNewswire-FirstCall/ – Banro Corporation (“Banro” or the”Company”) (NYSE AMEX – “BAA”; TSX – “BAA”) is pleased to announce that it hasfiled on SEDAR () a National Instrument 43-101 technical reportrelating to the Updated Feasibility Study of the Company’s wholly-ownedTwangiza gold project in the Democratic Republic of the Congo. California showed the most dramatic inventory declines, with Los Angeles showing a 53.9 percent decrease year-over-year while Bakersfield/Fresno tracked a 56.2 percent decrease.”‘Affordability’ has been the buzz word in real estate this summer, and with a significant number of listed homes bank-owned we’re seeing instances in some areas of banks dropping prices to generate more offers from buyers,” ZipRealty President and CEO Patrick Lashinsky, said in a statement.”If the number of home listings continue declining and buyer interest and activity remains strong, we should see sales prices and home values increase as we head into the fall,” he said.(Editing by Theodore d’Afflisio) Housing Market France Economy.

markets to 696,858, the company said.Additionally, ZipRealty tracked an increase in the median list price in the 28 markets to $270,440 in June from $270,027 in May. Despite the sequential increase the median list price still decreased 2.72 percent when compared to June 2008.ZipRealty’s Housing Inventory Index, compiled from local MLS data, for June showed that Las Vegas, Los Angeles and Phoenix all recorded a decline in inventory, which the company said may have contributed to some homes receiving several multiple bids.Las Vegas, Phoenix, San Francisco Bay Area and Los Angeles showed median list prices flatten or increase. NEW YORK (Reuters) – The U.S. housing market is showing signs of stabilization, according to inventory data released on Monday by national real estate brokerage ZipRealty. Housing Market  |  France  |  EconomyEmeryville, California-based ZipRealty reported a drop in the number of Multiple Listing Service-listed homes for the 12th consecutive month in June.The number of single-family homes and condos listed for sale decreased in June from May by 2.1 percent, bringing the total number of active listings in 28 major U.S. More information is available at Employer Support of the Guard and Reserve (ESGR)Maj Melissa Phillips703-380-9262Copyright Business Wire 2009.