International Samuel Exploration reprices non-brokered flow-through private placement

INTERNATIONAL SAMUEL EXPLORATION CORP.

8th Floor, 700 West Georgia Street Vancouver, British Columbia V7Y 1G6 Tel: (604) 718-5454; Fax: (604) 646-2054

[email protected]; www.internationalsamuel.com

NEWS RELEASE

International Samuel Exploration reprices non-brokered flow-through private placement

October 17, 2012: International Samuel Exploration Corp. (the “Company”) announces that further to the Company’s news release on October 9, 2012 regarding a non-brokered private placement of up to 2,000,000 flow through units for total gross proceeds of $300,000 with each flow through unit priced at $0.15. The Company wishes to change the price from $0.15 to $0.12 for up to 2,000,000 flow through units for gross proceeds of $240,000, subject to regulatory approval. All other information from the news release dated October 9, 2012 remains the same.

ON BEHALF OF THE BOARD OF DIRECTORS

“Conrad Swanson”

President & CEO

For further information, please contact: [email protected]

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.