Empire Industries Ltd.
TSX VENTURE : EIL

Empire Industries Ltd.

January 30, 2008 11:22 ET

Empire Industries Ltd. Announces Incentive Stock Options to Employees and Officers

WINNIPEG, MANITOBA--(Marketwire - Jan. 30, 2008) - Empire Industries Ltd.("Empire") (TSX VENTURE:EIL), one of Western Canada's fastest growing steel fabrication and construction service providers, today announced that it has issued 170,000 incentive stock options under the terms of its Employee Stock Option Plan to officers and employees of Empire and its subsidiaries.

The options are being issued for a seven year term, vesting over 4 years, at an exercise price of $0.55. 70,000 of these stock options are being issued to officers of Empire.

About Empire Industries Ltd.

Empire Industries Ltd. ("Empire") is a public company that was formed in July 2006 in a reverse takeover of Empire Iron Works Ltd., a Western Canadian steel fabricator and construction services provider that commenced operations in 1958. Empire is one of Western Canada's fastest growing steel fabrication and construction service providers. Empire's mission is to increase shareholder value by adding value to steel. Empire realizes its mission by growing profits organically and through strategic acquisitions in the burgeoning industrial, commercial and institutional construction marketplace of Western Canada. Empire trades on the TSX Venture Exchange under the trading symbol EIL.

This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Empire's business and affairs. These statements are identifiable by their use of verbs such as "expect", as well as by the use of future or conditional tenses. These forward looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on such forward-looking statements. Empire assumes no obligation to revise or update these forward-looking statements to reflect the occurrence of unanticipated future events, except as may be required under applicable securities laws.

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

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