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EPL.V ·

Eagle Plains Grants Incentive Options to Directors, Employees

Share Capital & Compensation

Cranbrook BC, 04 May, 2010: Eagle Plains Resources Ltd. (EPL:TSX-V) has granted incentive stock options to directors and employees of the company for the purchase of a total of 2,485,000 shares at the exercise price of $.25 per share, expiring April 30th, 2015.

On behalf of the Board of Directors

Signed

“Tim J. Termuende”

President and CEO

For further information, please contact Mike Labach at 1 866 HUNT ORE (486 8673)

Email: [email protected] or visit our website at http://www.eagleplains.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.