Moto Goldmines Limited
TSX : MGL
AIM : MOE

Moto Goldmines Limited

November 28, 2007 08:15 ET

Moto Goldmines Limited-Grant of Options to Directors

PERTH, WESTERN AUSTRALIA--(Marketwire - Nov. 28, 2007) - The Directors of Moto Goldmines Limited (the "Company") (TSX:MGL)(AIM:MOE), announce the granting of options (the "Options") over its common shares, as of 20 November 2007, to the Directors of the Company as follows:



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Number of Shares Number of Options
Name of Director Date of Grant Under Option after Grant
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Andrew Dinning 20 November 2007 1,000,000 2,000,000
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Mark Arnesen 20 November 2007 250,000 1,000,000
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The Options were granted pursuant to the Company's Stock Option Plan at an exercise price of C$3.25.

The Options vest immediately and will expire six years from the date of grant.

Nominated adviser for the purposes of AIM: RFC Corporate Finance Ltd Contact: Stephen Allen.

ARBN 113 274 874

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