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Options to purchase 585,000 common shares of Golden Odyssey were issued with an exercise price of $0.30 per share

Golden Odyssey Mining Inc. (TSX VENTURE: GOE) (PINK SHEETS: GODYF) ("Golden Odyssey" or the "Corporation") announces that the Board of Directors has approved the granting of stock options to directors, officers and consultants under its incentive stock option plan. Options to purchase 585,000 common shares of Golden Odyssey were issued with an exercise price of $0.30 per share. The options are for a term of five years with standard vesting provisions.

In other news, the Corporation has appointed Mr. Brent Cage of Calgary, Alberta as its Corporate Secretary. Mr. Cage is an attorney with Burstall Winger LLP who are the Corporation's solicitors.

About Golden Odyssey

The Corporation, through a wholly owned subsidiary, is engaged in the acquisition and exploration of mineral properties in the State of Nevada. Golden Odyssey currently has six active projects all situated on major gold trends. On the Walker Lane Belt in western Nevada, the Corporation has the GS, Morningstar and Palmetto projects. The Walker Lane is one of the most prospective areas of the state. This highly mineralized trend hosts some of the most important mining districts in North America including the famous Comstock, Tonopah, Goldfield, Bullfrog and Aurora districts. The region is currently being explored by Kinross Gold/ Barrick Gold at the Round Mountain Mine, Gryphon Gold at the Borealis Mine and Newcrest Mining at the Redlich project. On the Cortez Trend in northeastern Nevada, the Corporation holds the Anchor and JDS projects, situated on trend with Barrick Gold Corporation's East Archimedes mine and US Gold Corporation's Tonkin Springs Mine. On the Carlin Trend, also in northeastern Nevada, the Corporation is exploring the Mexican Hill project which is on trend with Newmont's Rain District. The Carlin Trend is one of the largest gold districts in the world with past production in excess of 50 million ounces of gold and announced proven and probable reserves of over 100 million ounces.

Forward-looking Statements:

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Factors that might cause a difference include, but are not limited to: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. Golden Odyssey Mining Inc. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect the financial results is included in documents filed from time to time with Canadian securities regulatory authorities by Golden Odyssey Mining Inc.

Shares Outstanding: 31,684,580

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.



ProLogis also completed a euro 181 million financing for ProLogis European Properties Fund II, the largest single-lender mortgage financing completed in Europe since the fall of 2008

ProLogis , a leading global provider of distribution facilities, announced today that over the past four weeks it has completed four financings for its European property funds, totaling euro 622 million. The four financings have a weighted average coupon of 4.91 percent.

Three, four-year financings, resulting in euro 441 million of funding, were completed for ProLogis European Properties . They have loan-to-value ratios of between 50 and 55 percent and are secured by assets located in Germany, Belgium, France, Italy, Spain, Poland and the United Kingdom. The largest component of these financings is a euro 300 million Pan-European, syndicated loan with six European lenders, arranged by Goldman Sachs, which was one of the largest loans of this kind done in the European real estate sector since 2008.

ProLogis also completed a euro 181 million financing for ProLogis European Properties Fund II, the largest single-lender mortgage financing completed in Europe since the fall of 2008. This financing is secured by 22 assets in France and has a loan-to-value ratio of 60 percent.

"With these financings, we have reduced 2010 maturities within the two funds to under euro 336 million - significant progress from the euro 1.8 billion we were faced with as of December 31, 2008. With the capital transactions in progress and available liquidity within the funds, we are comfortable with our ability to address the remaining maturities in the near future," said William E. Sullivan, ProLogis' chief financial officer. "The European financing market continues to demonstrate its diversity and resilience, as we are able to complete transactions with a wide spectrum of lenders at attractive rates."

About ProLogis

ProLogis is a leading global provider of distribution facilities, with more than 475 million square feet of industrial space (44 million square meters) in markets across North America, Europe and Asia. The company leases its industrial facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. For additional information about the company, go to www.prologis.com.

ProLogis

CONTACT: Investors, Melissa Marsden, +1-303-567-5622,mmarsden@prologis.com, or Media, Krista Shepard, +1-303-567-5907,kshepard@prologis.com, both of ProLogis; or Financial Media, Suzanne Dawsonof Linden Alschuler & Kaplan, Inc., +1-212-329-1427, sdawson@lakpr.com, forProLogis

Web site: http://www.prologis.com/

Did You Know?
  • In 2003, over 19,000 adults participated in the national and state-level assessments, representing the entire population of U.S. adults who are age 16 and older, most in their homes and some in prisons from the 50 states and the District of Columbia.
  • The Level 1 population included: 25% immigrants learning to speak English; 62% had terminated their education before completing high school; 25% percent age 65 or older; 26% with physical, mental, or health conditions that kept them from participating fully in work, school, housework, or other activities; 19% with visual difficulties affecting the ability to read print.
  • 9.9 million number of school-age children (5 to 17) who speak a language other than English at home. These children make up nearly 1-in-5 in this age group. Most of them (7.0 million) speak Spanish at home.
  • $10,660 is the average tuition, room, and board (for in-state students) at the nation’s four-year public colleges and universities for an entire academic year; that is double the corresponding figure in 1990.