KXM

Kobex Minerals Inc. ("Kobex" or the "Company") (TSX VENTURE: KXM)(NYSE Amex: KXM) announces pursuant to the Company's stock option plan, it has granted incentive stock options to directors, employees and consultants of the Company for the purchase of a total of 2,670,000 common shares for a period of 5 years at a price of $0.82 per share.

On behalf of the Board of Directors

KOBEX MINERALS INC.

Alfred Hills, President and CEO

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

Contacts: Kobex Minerals Inc. Alfred Hills President 604-688-9368 Kobex Minerals Inc. Sam Yik CFO 604-688-9368 604-688-9336 (FAX) investor@kobexminerals.com www.kobexminerals.com