Mr. Steve Vestergaard reports

DESTINY MEDIA GRANTS STOCK OPTIONS

Destiny Media Technologies Inc. has granted 1.52 million non-qualified stock options under its 2006 amended and restated stock option plan to officers, directors, employees and consultants of Destiny. The options were granted for a period of two years, expiring two years from their vesting dates, and each stock option will allow the holder to purchase a common share of destiny at an exercise price of 40 U.S. cents per share.

Of the 1.52 million options granted, 1.2 million options were granted to the directors and officers shown in the table.

Number of options                      Name of optionee                Vesting date          Expiration date

400,000            Steven Vestergaard, director and CEO   Equal monthly instalments       Two years from the
                                                           commencing June 25, 2015  particular vesting date
350,000                               Dale Borland, COO   Equal monthly instalments       Two years from the
                                                           commencing June 25, 2015  particular vesting date
150,000                            Fred Vandenberg, CFO   Equal monthly instalments       Two years from the
                                                           commencing June 25, 2015  particular vesting date
100,000                          Edward Kolic, director                May 25, 2015             May 26, 2017
100,000                       Haig Bagerdjian, director                May 25, 2015             May 26, 2017
100,000                     Yoshitaro Kumagai, director                May 25, 2015             May 26, 2017
1,200,000 total

We seek Safe Harbor.