Murray, Frank & Sailer LLP Reminds Investors of June 19, 2009 Lead Plaintiff Deadline in Securities Class Action Lawsuit Against Certain Officers and Directors of MRU Holdings, Inc.

Business Wire, May 26, 2009

NEW YORK -- Murray, Frank & Sailer LLP reminds current and former shareholders of MRU Holdings, Inc. (“MRU” or the “Company”) (OTC:UNCLQ; formerly NASDAQ:UNCL) who suffered losses from investment in MRU securities during the period between July 9, 2007 and September 19, 2008, inclusive (the “Class Period”) that Friday, June 19, 2009 is the deadline for MRU investors to move for appointment as lead plaintiff in the pending securities class action.

No class has yet been certified in the above action. A lead plaintiff is a representative chosen by the Court, who acts on behalf of other class members in directing the litigation.

If you wish to join the MRU securities litigation as a plaintiff, or would like to discuss this action, this announcement, or your rights and interests, please contact us.