Inter-Rock Announces Shareholder Approval of Shares for Debt Transaction

  Inter-Rock Minerals Inc. (TSX VENTURE: IRO) (the "Corporation") is pleased to announce that at a special meeting of the Corporation held today, the Corporation received shareholder approval, including minority shareholder approval, for the repayment of an outstanding shareholder loan in the amount of US$3,400,000 in exchange for preferred shares of the Corporation, as previously described in a news release issued by the Corporation on October 10, 2008 (the "Transaction").

The Transaction remains subject to final approval from the TSX Venture Exchange.

Additional information is available at www.inter-rockminerals.com and on SEDAR at www.sedar.com.

No stock exchange or securities regulatory authority has reviewed or accepts responsibility for the adequacy or accuracy of this release.

Contacts: Inter-Rock Minerals Inc. Michael B. Crombie President [phone] [phone] (FAX) Email: [e-mail] Website: www.inter-rockminerals.com