Mr. Allen Lone reports

AUGUSTA ANNOUNCES SIGNED CONTRACTS FOR $625,000

Augusta Industries Inc.'s wholly owned subsidiary Marcon International Inc. has signed contracts for the supply of instrumentation and equipment with various departments of the United States government. The aggregate value of the agreements is $625,000.

"The corporation is pleased with the entering of these agreements," stated Allen Lone, president of the corporation. "These contracts are evidence the confidence the various entities of the United States government has in Marcon. The corporation and Marcon have worked to build an ongoing relationship with these clients."

We seek Safe Harbor.