Duran Ventures Inc.

Duran Ventures Inc.

December 27, 2006 16:00 ET

Duran Grants Stock Options

TORONTO, ONTARIO--(CCNMatthews - Dec. 27, 2006) - George A. Brown, CEO of Duran Ventures Inc. (NEX:DRV.H) announces that the board of director's of Duran granted 1,564,850 stock options on December 21, 2006 exercisable at $0.25 for three years to December 21, 2009. The exercise price was based upon the recent private placement price news released December 15, 2006. The closing price was $0.24 on December 20, 2006, the day prior to the grant. The stock option grants are subject to regulatory approvals.

The grants included 975,000 options to the six directors. Three senior officers who also received grants as directors received an additional 525,000 options. The remaining 64,850 options were granted to two individuals who are consultants to or employees of the company. There were no outstanding stock options prior to this grant.

The TSX Venture Exchange has not reviewed and accepts no responsibility for the adequacy or accuracy of this news release

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