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Atlantic Industrial Mineral Incorporated Changes to Board of Directors

Management Changes

NEWS RELEASE

Atlantic Industrial Mineral Incorporated Changes to Board of Directors

HALIFAX, NOVA SCOTIA -- (Stockwatch May 2, 2011) – Colin J. MacDonald, President and CEO of Atlantic Industrial Minerals Incorporated. ("AIM") (NEX: ANL) announces changes to AIM’s board of directors.

Resignations and Appointments

Messrs Barry J. Martin and David Beasley have resigned as directors of AIM.

J. François Lalonde and Paul Brownlee have been appointed to the board of directors.

J. François Lalonde has been appointed as Chief Financial Officer. Colin J. MacDonald continues as President.

On behalf of the Board

Colin MacDonald

President & CEO

Atlantic Industrial Mineral Inc.

Suite 802, Sun Tower 1550 Bedford Highway Bedford, NS B4A 1E6 Tel.: (902) 832-5555 Fax: (902) 832-2223

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward- looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward- looking statements. Factors that could cause actual results to differ materially from those in forward- looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

Neither the NEX 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.