*** NEWS RELEASE ***
Madison Enterprises Corp MNP Shares issued 16,577,900 Jan 21 close $2.00 Wed 21 Jan 98 Options Granted On December 18 1997, the company has granted director and employee stock options on 618,399 shares at $2.00 expiring December 18 2002. On December 19 1997, the company has granted director and employee stock options on 50,000 shares at $2.00 expiring December 19 2002. On July 23 1996, the company has granted director and employee stock options on 186,601 shares at $2.00 expiring July 23 2001. On August 23 1996, the company has granted director and employee stock options on 377,500 shares at $2.00 expiring August 23 2001. On January 20 1997, the company has granted director and employee stock options on 775,000 shares at $2.00 expiring January 20 2002. On April 28 1997, the company has granted director and employee stock options on 100,000 shares at $2.00 expiring April 28 2002. On May 15 1997, the company has granted director and employee stock options on 60,000 shares at $2.00 expiring May 15 2002. |