NEWS RELEASES

Minaean Power Structures Signs a Contract for Construction of 86,375 sq ft. Project in Portland, Oregon, USA

Vancouver, BC, Canada – September 17, 2008 – Minaean International Corp. (TSX V: MIB; Berlin and Frankfurt Stock Exchanges: NJA) is pleased to announce that it has signed a contract  with Yorke & Curtis, the general contractors of the project “Shaver Green LP” to be constructed in Portland, Oregon. The contract is for the construction of the superstructure of a six storey affordable housing building. The “Shaver Green” project consists of five townhouse units, 80 apartment units, a community center and 32 parking stalls and will be constructed using the Artisan Quik-Build System, a combination of Minaean’s structural wall panels pre-engineered and panelized in the factory and Canam’s “Hambro” flooring system.

The contract for the project, valued at US $1,975,925, was recently signed and construction has already begun on site in preparation to receive first delivery from Minaean. Minaean will begin supply and installation of the 2nd level Transfer Slab next week and construction is expected to continue for 6 months.

Yorke & Curtis are one of the most well known and respected general contractors in Oregon and have successfully completed many projects throughout the state. They have been involved in over 30 projects ranging from office and retail buildings to high density and assisted living housing and sports facilities.  Their philosophy of “providing superior construction services with a serious commitment to individual clients” has been evident in each of their past projects. This will be the first project that Minaean and Yorke & Curtis will be working on together and Minaean anticipates that this will build a long standing relationship between the 2 parties.

Mervyn Pinto, President of Minaean International Corp., commented, “To date, we have completed three  projects in the State of Oregon- “Clinton Condominiums”, “West Town on 8th” and “Belmont East”. “SunRose Condominiums”, our fourth project, is expected to be completed by November 2008. Construction of this, our fifth project, “Shaver Green”, is already underway. We are excited about the publicity Minaean has been receiving from the successful completion of the various projects in Oregon, the outcome of which has led to negotiations on further contracts.” Minaean has also been successful in the British Columbia market signing two LOIs with major developers in the city of Vancouver.

About Minaean

Minaean International Corp. is an innovator of rapid, efficient building systems using cold formed steel technologies.  Currently, Minaean has four systems: the ‘Vesta Quik-Build’ (patent under process), ‘Artisan Quik-Build’, ‘Modular Quik-Build’ and ‘Artisan Composite System’. 

Minaean provides all encompassing in-house design, engineering, prefabrication, supply and installation of modular buildings and light gauge steel load bearing wall panels with flooring systems capable of being assembled, delivered and installed within 7 to 10 days. The strong, affordable, ecologically sustainable structures present a promising solution to the mass housing shortages in developing countries and disaster-stricken areas, in addition to a range of conventional applications.

Shares of Minaean International Corporation (parent company) is publicly traded on the TSX Venture Exchange under the symbol "MIB" and on the Berlin and Frankfurt Stock Exchanges under the symbol "NJA".

For more information please visit: www.minaean.com

On behalf of the Board of Directors

MINAEAN INTERNATIONAL CORP.

“ Mervyn Pinto ” 
Mervyn Pinto, President & Director