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AAN.V ·

110,623,291 common shares of the Corporation issued and outstanding. About Alexander Nubia International Inc.

Regulatory & Compliance

FOR IMMEDIATE RELEASE TSX Venture Exchange Symbol: AAN

Update to Press Release

October 12, 2010 - Toronto, Ontario – Alexander Nubia International Inc. (the “Corporation”) announces a correction to its press release of October 1, 2010. The Corporation’s press release contained an error in the number of common shares issued and outstanding whereby the total number of common shares issued and outstanding should have been 77,802,996 instead of 76,802,996. On a fully-diluted basis, there will be 110,623,291 common shares of the Corporation issued and outstanding.

About Alexander Nubia International Inc.

AAN is a private mineral exploration company whose mission is to implement the technical expertise of developed mineral-exploration jurisdictions, such as that of Canada, in resource-rich Africa. Initially, AAN has established Egypt as its platform country, focusing on the under-developed Eastern Desert, where historical mining of gold and copper dates back to Pharaonic times. AAN presently controls the Abu Marawat concession in Egypt. The Abu Marawat concession, covering an area of approximately 1,370 km2 contains the main Abu Marawat Deposit, Semna , Hamama VMS Deposit and other gold and base-metal exploration targets. The concession is located in Egypt’s Eastern Desert as part of the Nubian Shield.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

NEITHER THE TSX VENTURE EXCHANGE NOR IT’S 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.

For more information, please contact:

Alexander Nubia International Inc.

Donald M. Cameron, CFO t : (647) 504-4711 e: [email protected] w: www.alexandernubia.com

7324686.2