Alexander Nubia International Inc. Announces Issuance of Bonus Shares

   Alexander Nubia International Inc. ("ANII" or the "Company") (TSX VENTURE: AAN) announces that the TSX Venture Exchange has accepted for filing the Company's previously announced proposal to issue 380,000 common shares in the capital of the Company (the "Bonus Shares") to its Chief Executive Officer, Alexander Massoud, in consideration of certain services performed during the fiscal year ending December 31, 2010. The issuance of the Bonus Shares was approved by the Company's board of directors in December 2010 and received disinterested shareholder approval at the annual and special meeting of shareholders of the Company held on June 23, 2011. The Bonus Shares are subject to a hold period of four months plus one day from the date of issuance, ending November 16, 2011.

About Alexander Nubia International Inc.:

The Company is a Canadian exploration and development Company focused on the exploration of precious and base metals minerals in the Eastern Desert in Egypt. The Company holds two exploration concessions: Abu Marawat and Fatiri which covers a combined total area of 2,772.50 km(2). The Abu Marawat concession includes the Abu Marawat, Hamama and Semna Projects. The Company is currently focused on the exploration of its 100% owned Abu Marawat project from which recent drilling carried out by the Company has confirmed the presence of precious and base metals mineralization.

For more information on the Company please visit our web site at www.alexandernubia.com.

Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Alexander Nubia International Inc. A. Alexander Massoud President & Chief Executive Officer Egypt: [phone], Canada: [phone] [e-mail] Alexander Nubia International Inc. Donald M. Cameron, CA Chief Financial Officer Canada: [phone] [e-mail] www.alexandernubia.com