For Immediate Release: June 1, 1999

ASE: PXN
Cusip: 704276 10 4

PAXTON FOREST PRODUCTS INC. - Increase in Sales and Production

The Company is pleased to announce that Paxton Forest Products Inc. (PFP), a wholly owned subsidiary of Paxton International Resources Ltd., has in the last quarter of the fiscal year achieved increases in sales and production for the months of February and March 1999.

PFP recorded increased sales in February from $852,166.03 in 1998 to $915,157.57 in 1999 and in the same period production, at Monte Lake, rose from 1,460.65 m3 to 1,734.47 m3.

PFP recorded increased sales in March from $664,088.87 in 1998 to $1,007,380.28 in 1999 and in the same period, production at Monte Lake rose from 2,040.81 m3 to 2,130.32 m3.

PFP continues to improve production and reduce costs at Monte Lake. Management is confident that current and future efforts will continue to reflect well to the bottom line of PFP in the New Fiscal Year.

On behalf of the Board of Directors
PAXTON INTERNATIONAL RESOURCES LTD.

Michael Stephenson
President and Director

The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.

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