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.