Fieldex grants options

    ROUYN-NORANDA, QC, June 30 /CNW Telbec/ - Fieldex Exploration Inc
(FLX-TSXV and F7E-Frankfurt) wishes to announce that, following the
corporation's Annual Meeting held on June 27th, 2008, the board of directors
has granted an aggregate of 700,000 options to certain officers, directors and
consultants. The options are exercisable at $0.18 and are for a term of five

    (The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this news release.)

    Forward-looking Statements

    This news release contains certain forward-looking statements. These
forward-looking statements are subject to a variety of risks and uncertainties
beyond the ability of Fieldex to control or predict, which could cause actual
events or results to differ materially from those anticipated in such
forward-looking statements, including risks disclosed in filings with the
Canadian securities regulators made by Fieldex. Accordingly, readers should
not place undue reliance on forward-looking statements.
    %SEDAR: 00008738E

For further information:

For further information: Martin Dallaire, eng. President & CEO, (819)
762-0609, Fax: (819) 762-0097,

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Fieldex Exploration Inc.

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