Pearl Asian Mining Retains Jordan Richard Assoc. LLC to Conduct International Investor Relations Program

Pearl Asian Mining Industries, Inc., stock symbols: USA (OTC Common Shares: PAIM; OTC Preferred Shares: PAIIP); Germany (XETA: R1Z.DE) and (Frankfurt: R1Z.F) has retained Jordan Richard Assoc. LLC ("JRA”; Las Vegas, Nev.) to conduct investor relations on behalf of the company. Founded in 1985, and specializing in public company communications, including electronic filings with the Securities and Exchange Commission, JRA has helped numerous companies heighten media and investor awareness through the establishment of timely and forthright corporate communications. Consistent with JRA’s practice of providing first-hand reporting, JRA president and chief investigator Madeleine Franco expects to make a week-long visit to PAIM’s Philippine headquarters and several mine sites in December 2007. The anticipated outcome of that visit, which will include a series of one-on-one interviews with members of PAIM’s management team, is a more definitive report via Industry & Investment News™, a JRA proprietary product designed to serve as a baseline reference in the company’s integrated communications program. The company also recently engaged the services of a certified, registered public accountant to assist the company in providing updated financial information. "Pearl Asian Mining has an excellent, though somewhat complex, story to tell, and we believe it warrants being told by someone with a keen appreciation of what is important to investors and what they need to know to make informed decisions,” said Chief Executive Jason Piamonte. "JRA’s insights and its demonstrated ability to get to the heart of the issues and obtain answers even to the toughest questions will serve investors well as the company anticipates cash flow from its various projects and continues along the path toward profitability,” said Piamonte. Piamonte also reported that the company’s August 31 dividend issuance has been completed. Payment relating to the company’s buyback of its common shares has been commenced and management anticipates that all underlying administrative requirements should be completed by the year end. The company’s transfer agent continues to receive pre-reverse split certificates of preferred shares certificates and convertible debentures and is working diligently toward the exchange and conversion of these certificates. Management anticipates that replacement certificates for all those having submitted documentation for conversion of shares by October 15 are expected to be returned to the brokers, banks, and shareholders by the end of this month or during November. "We appreciate the efforts of AGN Associates & Stock Transfer Services, LLC in assisting PAIM through these corporate actions and for helping us effect an orderly transition of our investor relations,” said Piamonte. "We thank our valued shareholders for their support and understanding, and we believe we are on a right and less encumbered path toward achieving genuine value for the company, its shareholders and the members of the mining community that we serve,” Piamonte added. ABOUT THE COMPANY Pearl Asian Mining Industries, Inc. is an international mining company engaged in the exploration and commercialization of new and underdeveloped mine sites, primarily Gold and other precious and strategic metals, The company currently owns 12 mining claims in British Columbia, Canada. Additionally, under a Philippines Mineral Production Sharing Agreement (MPSA) with the government of the Republic of the Philippines, the company, through aggregation of manpower and production among small-scale miners and indigenous peoples, intends to capitalize on economies of scale in gold and silver extraction, processing and commodities selling and trading. Pearl Asian Mining is committed to the implementation of sustainable green technologies to achieve fiscal strength based on the principle of Profit-People-Planet. Management continues to focus on achieving profit, while conducting business with utmost consideration and compassion for people and protection of our planet and the environment. FORWARD STATEMENTS: Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.