Option Scheme Adopted

RNS Number:9701L
Mano River Resources Inc
05 June 2003

                            MANO RIVER RESOURCES INC.


                                  NEWS RELEASE


05 June 2003

No: 2003/7

TSX-Venture Exchange  (Trading Symbol: MNO)

London Stock Exchange - AIM (Trading Symbol: MANA)


                        Adoption of Share Option Scheme

The Company announces that the board of directors has adopted a stock option
plan (the "Plan") pursuant to the policies of the TSX Venture Exchange. The Plan
is subject to TSX Venture Exchange approval and shareholder approval.

The Plan allows for the reservation of up to 10% of the Company's issued and
outstanding shares as at the date of a particular stock option grant. The
Company currently has 133,890,216 shares issued and outstanding and 9,475,000
options outstanding (representing 7.1% of the Company's issued and outstanding
shares).

Based on the reservation of up to 10% of the Company's issued and outstanding
shares, being 13,389,021, the Plan allows for the future granting of a further
3,914,021 options.

Options under the Plan may be granted to the Company's directors, officers,
employees, management company employees and consultants. Upon receipt of all
necessary approvals, the Plan will govern any outstanding stock options
previously granted and any new stock options issued.



On behalf of the Board of Mano River Resources Inc.

Tom Elder

President and CEO



For further information on Mano River Resources and its exploration programme,
you are invited to visit the Company's website at www.manoriver.com or contact
one of the following:


 Tom Elder President and CEO  UK [phone]

 Guy Pas  Co-Chairman Switzerland [phone]

 Anthony Rhatigan  Co-Chairman Mobile [phone]

 Raz Hussein Controller Canada [phone]

 Gary Middleton Britton PR UK [phone]

 The TSX Venture Exchange has not reviewed and does not take responsibility for

                    the adequacy or accuracy of this release






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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