Mr. Allen Lone reports

AUGUSTA UPDATES INDIA TRIP

Augusta Industries Inc.'s vice-president of operations, Thierry Cherpillod, has returned from a two-week trip to India, where he held several meetings with the corporation's Indian representative, Aditya International Co., and several other companies introduced to the corporation by Aditya. While in India, a number of meetings had been prearranged by the company's representative. Some of these meetings were with some of India's large oil and gas companies and petrochemical and steel plants.

The corporation's non-intrusive electric field mapping monitoring technology (EFM) and Fox-Tek Canada Inc.'s novel leak detection technology were well received by all of the companies that met with Mr. Cherpillod. During the trip, the companies that met with the corporation requested that Fox-Tek submit a quotation for its EFM monitoring system as well as technical and budgetary quotes for other projects, including leak detection for fuel tanks, pipelines and water leak detection.

"We are very pleased with the outcome of the trip and the reception that our technology received," stated Allen Lone, the president of the corporation. "Aditya International has demonstrated that it is a reliable partner and has provided and facilitated for meetings with end-users and customers throughout India with a keen interest to learn about our technologies, engineering and sales support."

About Augusta Industries Inc.

Through its wholly owned subsidiaries, Marcon International Inc. and Fox-Tek, the corporation provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of U.S. government entities. Marcon's principal business is the sale and distribution of industrial parts and equipment.

Fox-Tek provides world-leading solutions to various sectors, including the oil and gas industry.

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