Family Memorials Inc.

Family Memorials Inc.

March 30, 2006 17:30 ET

Family Memorials Retains Source One Capital

THUNDER BAY, ONTARIO--(CCNMatthews - March 30, 2006) - Family Memorials Inc. (TSX VENTURE:FAM) ("FMI") is pleased to announce that it has retained the services of Source One Capital Corp. to handle its investor relations activity in its quest to grow by acquiring memorial businesses across Canada.

Source One is to be paid $6,560.00 per month for its service and is to be awarded options to acquire 150,000 common shares subject to regulatory approval.

FMI also wishes to announce that the investor relations agreement with Renmark Financial Communications has, by mutual agreement, been cancelled.

About Family Memorials

The corporation is a monument company, carrying on the retail business of selling granite monuments for placement on individual cemetery lots. The Corporation carries on business through its wholly-owned subsidiaries Grajack Industries Ltd. in Belleville, Ontario and Somerville Memorials Ltd. in Calgary, Alberta, through an agent in Swan River Manitoba as well as a direct FMI retail sales operation in Brandon, Manitoba.

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

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