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TRIBUNE AND SASK CO. SETTLE LAWSUIT

August 25, 2008

Tribune Minerals Corp. (TSX-V: TCB) (Frankfurt: S8QA) (“Tribune” or “the Company”) further clarifies its news release of August 22, 2008.  The Company reports that that it has come to a settlement with 101073531 Saskatchewan Ltd. (Sask Co.)

As disclosed in the news release of June 17, 2008, a lawsuit was initiated against the Company by Sask Co.  Under the terms of the settlement, Tribune has paid the plaintiff, Sask Co. an amount of $330,000, and the parties have mutually released one another.

Tribune Minerals Corp. is a Canadian exploration company committed to the strategic acquisition of drill ready projects. Led by an experienced management team, the Company plans to aggressively explore its current portfolio of highly prospective properties.  The Company headquarters are in Vancouver, BC and shares are traded on the TSX Venture Exchange (TCB) and the Frankfurt Exchange (S8QA).

To find out more about Tribune Minerals Corp., please contact Graham Harris, Chairman and CEO, at 604-662-8183 or email investor@tribuneminerals.com. You may also visit our website at www.tribuneminerals.com.

TRIBUNE MINERALS CORP.

“Graham Harris”

Graham Harris
Chairman and CEO

“The TSX Venture has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release.”

Forward-looking statements:

“This news release may contain forward –looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.”

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