Universal Ventures Inc. (the "Company") (TSX VENTURE:UN) announces that it has
granted stock options to a director of the Company to purchase up to 50,000
common shares of the Company at $0.36 per share exercisable in whole or in part
for a term of 2 years from the date of grant.


ON BEHALF OF THE BOARD OF DIRECTORS

Charalambos (Harry) Katevatis, President & Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Service 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: 
Universal Ventures Inc.
Charalambos (Harry) Katevatis
(604) 642-6175