Macusani Yellowcake Inc. (TSX VENTURE:YEL)(FRANKFURT:QG1) ("Macusani") announced
today that, subject to regulatory approval, it has it has granted stock options
to acquire an aggregate of 3,315,000 common shares to directors, officers,
employees and consultants of Macusani and its Peruvian subsidiary under its
stock option plan. Each option is exercisable for a five year period to acquire
one common share at a price of $0.15 per share. The options granted all vest
over an 18 month period from the date of grant.


About Macusani Yellowcake 

Macusani Yellowcake Inc. is a Canadian uranium exploration and development
company focussed on the exploration of its properties on the Macusani Plateau in
southeastern Peru. The Company owns a 99.5% interest in concessions which cover
over 90,000 hectares (900 km2) and are situated near significant infrastructure.
Macusani Yellowcake is listed on the TSX Venture Exchange under the symbol 'YEL'
and the Frankfurt Exchange under the symbol 'QG1'. The Company has 159,473,613
shares outstanding. For more information please visit www.macyel.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Macusani Yellowcake Inc.
Laurence Stefan
President and CEO
+1-416-628-9600
laurence@macyel.com
www.macyel.com


Facebook: www.macyel.com/facebook/
Twitter: www.twitter.com/macusani/