For Immediate Release: May 18, 1999

ASE: PXN
Cusip: 704276 10 4

PAXTON INTERNATIONS RESOURCES LTD. - Y2K Implications

Paxton International Resources Ltd. and current subsidiaries will not face any material business or information implications as a result of the century change.

The two operating subsidiaries Pacific Calcium, Inc., and Paxton Forest Products Inc. are both resource-based producers. The extent of technology is limited to operating machines, such as loaders, trucks, and milling equipment. Neither operation relies exclusively on any one supplier nor are there any suppliers, which supply critical, operating materials. The customers of both operating companies are agricultural in nature. (i.e., Orchards and Farmers).

The only Y2K problem encountered was with the Asoma Unit in the treating plant at Paxton Forest Products Inc. The Asoma Unit is used to measure the treating in a post and date the post for best before date. This unit is not critical to the operation of the plant, but has been updated to recognize the century change.

The information systems of all operations are very basic and are limited to stand alone personal computers and one small local area network. All computers use Windows 95 or higher and are at least Pentium 1’s. All programs and software packages are Y2K compliant.

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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