Prize Mining Corp. (NEX:PRZ.H) (the "Corporation") is pleased to announce the
appointment of John Bergen as a new Director of the Corporation at the annual
general and special meeting of the shareholders (the "Meeting").


John Bergen has been an entrepreneur in western Canada for over 50 years with
more than 20 of those years spent in the mining industry. He owned and operated
alluvial gold mines in Northern British Columbia before becoming involved in the
public company arena in 1996.


The Board of Directors of the Corporation looks forward to working with Mr.
Bergen and believes his extensive experience in the mining industry will be an
asset to the Corporation.


In addition, the Corporation announces shareholder approval at the Meeting of
certain amendments to the by-laws of the Corporation (the "Amendments"). The
Amendments add a provision requiring advance notice to the Corporation in
circumstances where director nominations are made by shareholders of the
Corporation other than pursuant to a proposal or a requisition of shareholders
made in accordance with the Business Corporations Act (Alberta). Among other
things, the advance notice provision fixes a deadline by which holders of record
of common shares of the Corporation must submit director nominations to the
Corporation prior to any annual or special meeting of shareholders and sets
forth the information that a shareholder must include in the notice to the
Corporation.


ON BEHALF OF THE BOARD OF PRIZE MINING CORPORATION 

Feisal Somji, President and CEO

Reader Advisory

Certain statements contained herein constitute forward-looking statements, most
particularly the expected meeting date of the Corporation's next annual general
and special meeting and the successful negotiation of a transaction. All
statements included herein, other than statements of historical fact, are
forward-looking information and such information involves various risks and
uncertainties. Factors such as regulatory approvals and other related external
factors may affect the forward-looking statements made in this press release.
The Corporation believes the expectations reflected in these forward looking
statements are reasonable but no assurance can be given that these expectations
will prove to be correct and such forward-looking statements in this press
release should not be unduly relied upon. Forward-looking statements included in
this press release are made as of the date of this press release and the
Corporation disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as expressly required by applicable securities
legislation.


Neither 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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Prize Mining Corp.
Feisal Somji
403-236-2222
info@prizemining.com
www.prizemining.com

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