TSX-V: SUI VANCOUVER, July 26 /CNW/ - Superior Mining International Corporation, formerly "Superior Mining Corporation" (the "Company") is pleased to announce that the Company has today agreed to grant stock options to certain Directors, Executive Officers, employees and consultants of the Company (collectively, the "Optionees") under the Company's existing and rolling Stock Option Plan granting to such Optionees the collective right to purchase up to an aggregate of 1,600,000 common shares from the treasury of the Company at an exercise price of $0.34 per common share exercisable until July 26, 2011 in each such instance. The most recent closing price of the Company's common shares on the TSX Venture Exchange was $0.45. The Company is an early stage exploration and near term producer focused on the mining of gold deposits in the central Witwatersrand region of South Africa. On behalf of the Board of Directors of Superior Mining International Corporation "John Proust" John Proust President & CEO THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE INC. DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. %SEDAR: 00007879E