POLYMET MINING CORP.
TSX VENTURE : POM
OTC Bulletin Board : POMGF

POLYMET MINING CORP.

March 20, 2006 18:09 ET

PolyMet Mining Corp.: Granted Stock Options

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 20, 2006) - PolyMet Mining Corp. (TSX VENTURE:POM)(OTCBB:POMGF) announced today that 3,200,000 stock options at a price of $2.76 per common share (the "Options") have been granted to various Directors, Officers, Consultants and Employees of the Company. Under the terms of the TSX Venture Exchange's Director and Employee Stock Option Policy, the pricing of the Options herein described are subject to a four month hold period.

The Stock Options have been granted in accordance with the terms of the Company's 10% Rolling Stock Option Plan approved on June 24, 2005.

The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.


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

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