NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA

Golden Odyssey Mining Inc. (the "Corporation") (TSX VENTURE:GOE) (PINK
SHEETS:GODYF) announces that on May 16, 2008 the board of directors granted
350,000 options to a director of the Corporation and today granted a total of
500,000 options to directors and officers of the Corporation to purchase common
shares of the Corporation at an exercise price of $0.10 per share exercisable
for a period of five years from the date of grant.


Details of each of Golden Odyssey's projects can be found on the Company's web
site at www.GOmininginc.com and on SEDAR at www.sedar.com.
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