News Releases

Jul 10, 2003
MAG Silver grants incentive stock options

MAG Silver Corp. (TSX-V: MAG) announces the grant of 40,000 incentive stock options to two of its consultants, subject to regulatory approval. After a four month initial vesting period, the options may be exercised at any time for a price of $0.77 per share until July 9, 2008.

On behalf of the Board of

"George S. Young"
President, Director

For further information on behalf of MAG Silver Corp. contact George S. Young
Phone: (604) 630-1399
U.S. Phone:(303) 799-9015
Fax:(604) 484-4710

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

You can view the Next News Releases item: Mon Jul 28, 2003, Juanicipio 100% Acquisition Closed; Significant Advances on Exploration You can view the Previous News Releases item: Mon Jul 7, 2003, MAG Silver Encounters Fresnillo Style Mineralization in its First Two Holes at Juanicipio
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