News Release

Metropolitan Mining Inc. To Trade On TSX Venture Exchange

July 17, 2008

METROPOLITAN MINING INC. ("MNZ")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: July 17, 2008
TSX Venture Tier 2 Company

The Company's Initial Public Offering ("IPO") Prospectus dated June 6, 2008, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta and Ontario Securities Commissions on June 11, 2008, pursuant to the provisions of the respective Securities Acts.

The gross proceeds received by the Company for the Offering were $900,000, consisting of 3,000,000 common shares at $0.30 per share. The Company is classified as a 'Mineral Exploration' company.

Commence Date: At the opening Friday, July 18, 2008, the common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: British Columbia

Capitalization: unlimited common shares with no par value of which 11,979,001 common shares are issued and outstanding.
Escrowed Shares: 6,480,000 common shares

Transfer Agent: Olympia Trust Company
Trading Symbol: MNZ
CUSIP Number: 592185 10 2

Agent: First Canada Capital Partners Inc.

Agent's Warrants: 300,000 non-transferable purchase warrants. One warrant to purchase one common share at $0.30 per share for a period of 18 months.

For further information, please refer to the Company's Prospectus dated June 6, 2008.

Company Contact: Michael G. Thomson
Company Address: 1000-372 Bay Street, Toronto, ON M5H 2W9
Company Phone Number: (613) 864-4005 or 604-633-5088, x 102
Company Fax Number: (416) 203-9231
E-mail: independentpresident@shaw.ca