Gastem Inc.

Gastem Inc.

January 29, 2007 20:56 ET

Gastem: Options for Directors and Officers

MONTREAL, QUEBEC--(CCNMatthews - Jan. 29, 2007) - Gastem (TSX VENTURE:GMR) announces that, subject to regulatory approval and pursuant to an increase of the stock option plan, the company has granted an aggregate of 745,000 incentive stock options to the directors and officers of the corporation exercisable at a price of $0.35 per share expiring five years from the date of grant.

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

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