Lignin Industries, Inc.

May 31, 2006 09:30 ET

Lignin Industries Ltd.: News Release

CALGARY, ALBERTA--(CCNMatthews - May 31, 2006) - Lignin Industries Ltd. (PINK SHEETS:LGNI), announced today that its Canadian subsidiary, Screen Giant Media Corp., has entered into an agreement with WTR Media Sales Inc., a dedicated media sales company with 21 years of extensive experience provincially, nationally and internationally. WTR Media Sales Inc. works in conjunction with clients and as a representative of media providers shares the responsibility of managing, co-ordinating and customizing media initiatives in defined markets. WTR Media Sales Inc. will be managing all advertising contracts on the previously announced Calgary Stampede Superscreens, on behalf of Screen Giant Media Corp.

Forward Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

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