Randall + Dewey, a division of Jefferies + Company, Inc. The
Company 's total proved reserve base of approximately 21 MMBOE are 63%
developed and 64% oil. MINNEAPOLIS , Navarre Corporation
(Nasdaq: NAVR), a publisher and distributor of a broad range of home
entertainment and multimedia software products, announced today that it has
entered into an agreement to amend the March 14, 2005 agreement to purchase
the remaining twenty percent (20%) ownership interest of its subsidiary Encore
Software, Inc.

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As a result of
this transaction, the company owns 100% of Encore.

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An affiliated entity,
Texas American Resources -- Asia, Inc. Navarre has recently expanded its business to include the
licensing and publishing of home entertainment and multimedia content ,
primarily through the acquisitions of Encore Software, Inc.

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This amendment to the prior agreement resulted in the elimination of
Navarre's obligation to provide Mr.

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Bell's ability to transfer the shares of Navarre common stock received in
connection with this transaction have been eliminated and the length of the
registration rights granted to Mr.
With the continued growth of Encore , the Company determined that it was in
its best interest to purchase Mr.

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AUSTIN, Texas, Texas American Resources Company
(collectively referred to herein with its affiliates as "TARC" or the
"Company") announced today that it intends to sell a portion of its Texas Gulf
Coast holdings .

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TARC operates approximately 400 wells in Texas, Wyoming and Colorado. The Company-wide total net production of approximately
3,000 equivalent barrels of oil per day is 65% oil. In total,
TARA 's offshore blocks encompass approximately 4.5 million acres.

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This compensation expense was not
anticipated in determining Navarre's previously-stated earnings guidance.

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Bell have been reduced from three years to
two years.

This category includes sites concerning the appropriate relationship between Church and State in their multivariate intersections in civil society.

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Navarre Corporation Announces Revised Agreement to Purchase Twenty Percent (20%) of Encore Software Inc.

This agreement was entered into between Navarre and Michael
Bell, the President and Chief Executive Officer of Encore Software , Inc.

In the United States, questions on religion and government focus on the two religion-related clauses of the First Amendment to the Constitution: Congress is forbidden from placing restrictions on the free exercise of religion, but is also forbidden from creating an established, or state, religion .

Differing interpretations of these clauses result in such widely known disputes as those over prayer in public schools, Nativity creches on public property, use of public funds to send children to sectarian schools, the right to practice by wearing certain headgear or using certain substances, and so on.

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Since its founding in 1990, TARC has
focused on the acquisition and exploitation of proved or near proved
properties in the Mid-Continent, Gulf Coast and Rocky Mountain regions of the
United States . All forward-looking statements are
expressly qualified by this cautionary statement. Additionally , the prior agreement's restrictions upon Mr. and BCI Eclipse
Company, LLC.navarre.

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Headquartered in Beijing, TARA's principal assets consist of two blocks in
the Pearl River Area of the South China Sea, making TARA the first
privately-held company to have assets in the South China Sea.

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Although
Management believes that the expectations reflected herein are reasonable, the
matters discussed in this release involve risks, uncertainties, and other
factors that may delay, prevent or adversely affect the transaction or the
Company's planned activities and operations.

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Bids are expected to be due
in May, and inquires on these properties should be directed to Randall +
Dewey. Bell with up to an additional 300,000
shares of Navarre common stock upon the achievement by Encore of certain
financial goals.

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The divestiture includes three fields
located in Harris, Hardin, and Liberty counties Texas.
"The sale of these assets is expected to reduce our debt and will allow us to
continue to pursue core area property acquisitions," commented David
Honeycutt, President.4 million in cash and the
delivery of 300,000 shares of Navarre common stock.

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("TARA"), conducts upstream activities
in China. There can be no assurance that
such expectations will prove correct.

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These divestiture plans are consistent with TARC's sharpened focus on its
DJ Basin holdings in the Rocky Mountain states and its South China Sea assets. The
revised purchase terms provide for the payment of $3. For more information, please visit the company's web site at
http://www.

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, has
been retained as advisors to TARC. Since its
founding in 1983, the company has established distribution relationships with
customers across a wide spectrum of retail channels which includes mass
merchants, discount, wholesale club, office and music superstores, military
and e-tailers nationwide.com .

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ABOUT TEXAS AMERICAN RESOURCES COMPANY
Texas American Resources Company is a privately-held, independent energy
company headquartered in Austin, Texas.

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Collectively, the
properties are substantially oil producing with an average net rate of
approximately 700 barrels oil equivalent per day.

LEGAL DISCLOSURE: Certain statements in this news release constitute
"forward-looking statements " within the meaning of the Private Securities
Litigation Reform Act of 1995, particularly any express or implied statements
concerning future financial condition or operating results.

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8 million to be recognized by Navarre in the fourth quarter
of its fiscal year ended March 31, 2005.

About Navarre Corporation
Navarre Corporation (Nasdaq: NAVR) is a publisher and distributor of a
broad range of home entertainment and multimedia products, including PC
software, CD audio, DVD and VHS video, video games and accessories.

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Bell's shares at this time. The company currently provides its products to over
18,000 retail and distribution center locations throughout the United States
and Canada .

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For financial statement
purposes, this purchase will be treated as compensation expense of
approximately $5.

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Texas American Resources Company Announces Its Intent to Sell Certain Texas Gulf Coast Properties

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