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SAO LUIS MINING, INC. Announces Effective Date for Forward Split
May 30, 2006 4:27:00 PM
LAS VEGAS, NV -- (MARKET WIRE) -- 05/30/06 -- SAO LUIS MINING, INC., (PINKSHEETS: SAOL) announced today that it has forward split shares of its common stock 40 shares for one. The record date of this forward split was May 26, 2006. The effective date when the post-split share price will be posted on the financial services trading platforms will be Friday, June 2nd. A detailed company profile and additional information may be obtained at www.iceminers.com.

Jack Lake, President and Chairman of the Board, stated on the day of the announcement, "We believe that this forward split will allow an active market for our common shares to develop. The anticipated activity in our common stock will improve the liquidity for our existing shareholders and enable the Company to raise the capital we believe is necessary to implement our business plan."

This news release contains "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of SAO LUIS MINING, INC.'s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About SAO LUIS MINING, INC.:

SAO LUIS is a diamond mining and precious metals exploration company. Its focus is the acquisition of interests in producing mines and the development of properties that have the promise to be economically viable. For further information visit the Company website: A photo gallery and geological report is available at www.iceminers.com.

Contact:
Jack Lake
[phone]