Mr. Philip Gibbs reports

KILO GOLDMINES SHAREHOLDERS VOTE AGAINST SOMITURI JOINT VENTURE

Kilo Goldmines Ltd. shareholders, at the annual and special meeting of shareholders held in Toronto earlier today, did not approve by the required majority the previously announced proposed joint venture with Randgold Resources (DRC) Ltd. in respect of the company's Somituri gold project in northeast Democratic Republic of Congo. Accordingly, the proposed joint venture will not be proceeding, and the company will pursue other means to advance the project. All other matters at the annual and special meeting were approved as proposed by management.