ARIANNE INCREASES OPTIONS AVAILABLE UNDER STOCK OPTION PLAN

Saguenay, Mai 3, 2010 – Arianne’s board of directors approved a modification to the Company’s Stock option plan that will increase the number of options available for grants to 5,100,000 or 19.7 % of the Company’s outstanding shares. The previous plan permitted the grant of 2,000,000 stock options and the current outstanding number of stock options granted by the Company is close to this limit. This modification is conditional to the approval of the TSX Venture Exchange and of a majority of disinterested shareholders at the Company’s next shareholders meeting on June 15, 2010.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Source: Mr. Bernard Lapointe, CEO                Tel : (418) 549-7316                 Fax : (418) 549-5750         bernard@arianne-inc.com

For info: Mr. Norman Forrest, Director     Tel. : (450) 736-0453    norman@arianne-inc.com

About Arianne Phosphate

Arianne Phosphate (“Arianne Phosphate Inc.”) (www.arianne-inc.com) is developing the Lac à Paul phosphate deposits located approximately 200 km north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits will produce a high quality igneous apatite concentrate grading 39% P2O5 with little or no contaminants. The Company has 100,530,580 million shares outstanding.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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