SOURCE: Plateau Mineral Development, Inc.

October 21, 2008 08:30 ET

Plateau Mineral Development, Inc. Announces Building of a Pipeline to Produce Significant Revenues

WINSTON-SALEM, NC--(Marketwire - October 21, 2008) - Plateau Mineral Development, Inc. (PINKSHEETS: PMDP), along with its partner Plateau Mineral Development LLC, is pleased to announce the building of a pipeline that is predicted to produce significant revenues for the company.

The Pipeline Gathering System is 6.16 miles long and is comprised of a six-inch and four-inch main trunk line. The trunk line is fed by four miles of two-inch poly pipe that delivers gas from twelve wells ready to deliver up to three hundred MCF/day of gas production to the PMD Compressor Station that delivers gas into the twenty-four-inch steel east-west SPECTRA high-pressure main transportation pipeline.

The Pipeline is capable of gathering and delivering at least 1200 MCF/day to market. Additionally, there are twelve existing wells and new drill well sites on the PMD leases, each within 2000 feet or less of the trunk line.

Nearby are approximately thirty wells tied into shut-in gathering systems that can connect to the PMD trunk line with approximately one mile of four-inch poly pipe at modest acquisition costs that permit return on investment within a matter of a few months.

PMD's pipeline expansion plan is based upon a logical sequential extension of the main trunk lines. This will permit economic production from fields that have been shut in for twenty years or longer.

Robert Matthews, President of Plateau Mineral Development, states, "This pipeline is a major step towards increased revenue for our company. We look forward to reaping its benefits."

About Plateau Mineral Development, Inc.

Plateau Mineral Development, Inc. specializes in the exploration and development of gas and oil fields. Currently it is concentrating its efforts in Morgan County, Tennessee. Its partner, Plateau Mineral Development LLC, has been in existence for over five years with successful new wells and rework wells selling both gas and oil. Its current priority is to complete its compressor station to sell its gas production more consistently at top market prices through its own tap (the Morgan #4) for direct sales at top market prices. The project is scheduled for initial production in November 2008.

Safe Harbor Statement:

This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

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