Playfair Mining Ltd. announces the grant of 1,700,000 incentive stock options to various directors, officers and consultants of the Company pursuant to its Stock Option Plan. The options are exercisable at $0.20 per share for terms of up to 5 years following the date of grant.  The option grant is subject to TSX Venture Exchange acceptance.

For further information visit our website at www.playfairmining.com or contact:

Donald G. Moore
CEO and Director
Phone: 604-377-9220
Email: dmoore@wascomgt.com

D. Neil Briggs
Director
Phone: 604-562-2578
Email: nbriggs@wascomgt.com

Neither the 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.