SeaMiles Limited: Shares Under Settlement Agreement Clarification

SeaMiles Limited (the "Company") (TSX VENTURE:SEE), North America's premier
cruise loyalty provider, announced today that it wishes to supplement
information contained in the press release dated October 21, 2008 regarding the
agreement to issue shares pursuant to a settlement agreement reached with
respect to litigation involving SeaMiles, LLC (the "Agreement").


In addition to the issuance of 100,000 common shares in the capital of the
Company (the "Shares"), the Company will also be issuing 200,000 Shares to be
held in escrow to secure future payments under the Agreement. Provided that such
payments are made, 100,000 Shares will be released from escrow and cancelled by
the Company on each of the first and second anniversary dates of the initial
payment made by the Company.


ABOUT SEAMILES

SeaMiles is North America's premier cruise loyalty provider, committed to
recognizing and rewarding the cruiser through multiple earning opportunities and
best-in-class, maximum award flexibility based on "Any Cruise Line...Any Time".
Additional information can be found at www.seamiles.com.