Empire Industries Ltd. Announces Correction to Incentive Stock Option Exercise Prices

Winnipeg, Manitoba, October 22nd, 2010 � Empire Industries Ltd. (TSX-V: EIL) (�Empire� or the �Company�), today announced that it has re-issued certain previously issued incentive stock options, to maintain compliance with TSX-V policy. On September 1, 2010, the Company announced that it had issued 1,550,000 incentive stock options to independent directors and senior management, with an exercise price of $0.09. These incentive stock options have been re-issued by the Company with an exercise price of $0.10, to maintain compliance with TSX-V policy. All other terms and conditions of the stock option grant remain unchanged.