A total of 1,100,000 Units has been issued, raising gross proceeds of $220,000.

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

July 7, 2010

News Release

Vancouver, BC – International Samuel Exploration Corp. (ISS: TSX-V) (the “Company”) is pleased to announce the closing of the non-brokered non flow-through private placement offering (the “Offering”) of up to 1,100,000 Units at a price of $0.20 per Unit, to raise gross proceeds to the Company of $220,000 as announced in the Company’s news releases dated June 25, 2010 and June 29, 2010.

A total of 1,100,000 Units has been issued, raising gross proceeds of $220,000.

Each Unit is comprised of one common share of the Company and one common nontransferable share purchase warrant, exercisable to acquire one additional common share at a price of $0.30 per share until July 7, 2012. All securities issued in the Offering are subject to a hold period under applicable securities laws expiring on November 8, 2010.

ON BEHALF OF THE BOARD OF DIRECTORS

INTERNATIONAL SAMUEL EXPLORATION CORP.

Conrad Swanson, President

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.