Solium Capital Inc.
TSX VENTURE : SUM

Solium Capital Inc.

October 13, 2005 17:08 ET

Solium Capital Inc. Repays Demand Debentures

CALGARY, ALBERTA--(CCNMatthews - Oct. 13, 2005) - Solium Capital Inc. (TSX VENTURE:SUM) is pleased to announce that on September 30, 2005 it repaid the remaining balance of $250,000 in demand debentures held by a director and a former director of the Company. The repayment was made with cash generated from operations. As a result of the repayment of the debentures, the holders' security interest in all of the Company's present and after-acquired property has been discharged.

Two demand debentures totaling $1 million were originally issued in December 2002 to provide the Company with general working capital, and to facilitate the execution of its business plan. Interest was payable at 10% per annum. The full repayment of the debentures is a milestone event for the Company as it reflects the Company's continuing success in achieving its business goals.

About Solium Capital Inc.

Solium Capital Inc. (TSX Venture: SUM) specializes in the administration and execution of equity-based incentive and savings plans and is setting the industry standard for service excellence, industry knowledge and innovative technical leadership. Solium aligns companies and people through employee equity services.

During 2004, Solium began to set the new standard for equity plan management by leading the convergence of employee equity incentives and savings into a single integrated platform. The Solium brand has traditionally included two distinct products, Solium E-SOAP and Solium Share Purchase. Solium has recently completed a re-branding process and has launched a single comprehensive solution, Solium Shareworks™.

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

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