Medinah Minerals, Inc. - News Release

MEDINAH ENERGY CHANGES NAME, CREATES NEW SUBSIDIARY AND DECLARES DIVIDEND

Lake Elsinore, Ca, April 29, 1999 … In response to recent major discoveries on Medinah's Chilean properties known as Alto de Lipangue and Las dos Marias, the Company's Board of Directors initiated the following actions:

1.    By authority given the Board of Directors at the 1997 Annual Shareholders Meeting, the Company's name has been changed to Medinah Mining, Inc. Amendments effecting the name change are being filed and a new CUSIP number will be requested.

2.    On April 21, 1999 the Company formed a wholly owned subsidiary called Medinah Gold, Inc. authorized at 100,000,000 common shares at 0.001 par and 50,000,000 preferred shares at 0.001 par. The law firm of Michael Morrison in Reno, Nevada has been engaged to file documents with the Securities Exchange Commission to register Medinah Gold, Inc.

3. By action of the Board of Directors on April 28, 1999, all assets of Medinah Energy, Inc. - except the Alto de Lipangue and Las dos Marias properties - are to be sold to the wholly owned subsidiary, Medinah Gold, Inc.

Accompanying the above action, the Board of Directors declared the following dividend:

1.    Each holder of common shares in Medinah Mining, Inc. (formerly Medinah Energy, Inc.), will receive 1 share of Medinah Gold, Inc. for each 10 shares held of Medinah Mining, Inc. and each preferred shareholder shall receive 1 share of Medinah Gold, Inc. for each 2.5 preferred shares of Medinah Mining, Inc. (formally Medinah Energy, Inc.).

Shares received as dividends will be restricted under State and Federal securities laws.

Medinah Mining, Inc. dividend share record date was fixed at May 7, 1999.

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For further investor information contact Investor Relations at (604) 903-2981 or visit us online at
www.Medinah-Minerals.com

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 Energy, 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 results 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.

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