November 01, 2007 12:46 ET

DIOS Exploration : Hiring of Investor Relations Consultant

MONTREAL, QUEBEC--(Marketwire - Nov. 1, 2007) - DIOS EXPLORATION INC.(TSX VENTURE:DOS) has signed a contract for one year with MI3, a group of investor relations specialists from Montreal. The objective is to increase the visibility of the projects and of the company within the financial community, and to target potential private and institutional investors.

The consideration is $4,000 per month and an option on 100,000 Common Shares of DIOS EXPLORATION at 40 cents per share for the duration of the contract. This option is in accordance with the TSX Venture Exchange rules and the options have to be acquired gradually over a period of 12 months with a maximum of 25 per cent for one quarter. The shares received have to be held for a period of four months from the date of issue of the option. In addition, a finder's fee of 1 per cent will be paid on any private placement realized with the help of MI3. This agreement is conditional upon the approval of the TSX Venture Exchange.

DIOS EXPLORATION is a uranium and diamond exploration company with strategically located properties in James Bay, Central Quebec, Canada, with a special focus on the Otish Mtns area. The large 640 sq. kilometre Hotish property wholly-owned by DIOS comprises three main blocks: the Hotish main block, directly adjacent to the Cameco property, the southern block, covering the extent of the Hippocampe Greenstone belt (which volcanic belt is also located on the Cameco property), a good chemical trap for uranium, and the Hotish East block, adjacent to the Strateco property.

For additional information, see our Press Release dated October 30, 2007. This press release was prepared by M.-J. Girard, M.Sc. P.Geo., a qualified person pursuant to National Instrument 43-101.

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

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