January 29, 2010  Northland Resources Inc. (Northland) reports that during
January 2010, 50,000 incentive stock options were exercised.  There are now a
total of 6,746,500 incentive stock options outstanding.

The issued share capital of Northland is now 110,637,399 shares.  Therefore, as
at January 31, 2010, the total fully-diluted share capital of Northland is
117,383,899 shares.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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