KNP Knight Metals Ltd.

Knight Metals Ltd. (TSX VENTURE:KNP)(FRANKFURT:KRL) ("Knight Metals" or the
"Company") reports that the Company has granted 3,500,000 incentive stock
options to certain of its directors, officers, employees and consultants. The
stock options are exercisable at a price of $0.24 per common share for a period
of three years.


ON BEHALF OF THE BOARD OF KNIGHT METALS LTD.

David Patterson, Chairman

Knight Metals Ltd. (TSXV:KNP)
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