Dynex Power Inc. Issues Share Options to Officers


LINCOLN, England (March 17th, 2008) Dynex Power Inc. (“Dynex”) announced today that it has granted 100,000 share options to Paul Taylor, the Chief Executive Officer and 50,000 options to Bob Lockwood, the Chief Financial Officer. The options were granted pursuant to the Company’s stock option plan with an exercise price of $0.27 and a term of five years. These options form part of the overall compensation plan for these officers.

The TSX Venture Exchange has not reviewed this announcement in advance of its release.