Atlantic Industrial Minerals Incorporated Grant of Stock Options

   Colin J. MacDonald, President and CEO of Atlantic Industrial Minerals Incorporated. ("AIM") (TSX VENTURE: ANL.H) announces the company has granted 750,000 incentive stock options to directors and officers.

Stock Option Grant

Pursuant to the company's incentive stock option plan AIM has granted 750,000 stock options to directors and officers of the company. The options are exercisable at a price of $0.10 per share for a term of five years.

On behalf of the Board

Colin MacDonald

President & CEO

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

Neither the NEX 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: Atlantic Industrial Minerals Inc. Colin MacDonald President & CEO [phone] [phone] (FAX)