Dr. Kleen and Juan José Quijano at Alto de Lipangue

SHAREHOLDER UPDATE
July 24, 2008

Dear Shareholders:

This has been a very busy period working with the various potential Joint Venture parties involving numerous trips to the Alto de Lipangue property, meetings with principal representatives, government officials and numerous “Abogados”.  We have contracted with a specialized firm of Chilean lawyers to assist us in closing a meaningful and proper agreement for the Company.  They are working closely with us and the potential joint venture partners on presentation and documentation.

There remain several entities that we continue to meet with, each offering different opportunities for Medinah, but we are concentrating in closing and finalizing with the group we feel would be most advantageous to us in the immediate future and in the longer-term development.

This has been a long and arduous series of negotiations, but we are well represented to complete a Joint Venture participation agreement very rapidly.

We are pleased to report that we have now received the official documentation evidencing our ownership of a 5% interest in the company “Minera Global Gold Valdivia S.C.M.”  Active exploration and development is continuing on the Madre de Dios holdings.

I am confident that the next Shareholder’s Meeting will be a happy time for us all.

Yours truly,

Juan José Quijano Fernández
President

Note:  This News Release may contain certain “forward-looking statements” within the meaning of the United States Securities Exchange Act of 1934, as amended.  All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Medinah Minerals, Inc. are forward-looking statements that involve various risks and uncertainties.  There can be no assurance that such statements will prove to be accurate, and actual results and future could differ materially from those anticipated in such statements.  Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed under the heading “Risk Factors” and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities.

Welcome to The Official
Medinah Minerals, Inc. Website!

As an emerging mining exploration company with corporate assets strategically positioned in the resource rich country of Chile. The Company has actively pursued relationships with alliances and partners within the Country of Chile to further our Shareholders interests and maximize our potential return in this lucrative market.

Medinah Minerals (Chile) owns a 100% interest in a very prospective mining claim group located 25 miles northwest of Santiago, Chile.

** Medinah Minerals, Inc. wishes to advise that this is our official Web Site. Medinah Minerals is not responsible for the presentation of any Company information made available on any other site.