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OPTIONS RESERVED

May 4, 1999

THE BRIDGES INITIATIVES INC. (the "Corporation") (ASE: BIT) is pleased to announce that it has reserved an undiscounted price of $4.75 per share in connection with the proposed grant of stock options to acquire up to 450,000 common shares (the "Stock Options"). The Stock Options will be granted to directors, officers and employees of the Corporation to be determined.

The grant of the Stock Options is subject to regulatory approval and the Corporation is required to file a formal application with the Alberta Stock Exchange within 14 calendar days of this press release.

For further information please contact Norm Thompson at:

The Bridges Initiatives Inc.
7B-1404 Hunter Court
Kelowna, BC
V1X 6E6

Phone: 1-800-281-1168
Fax: 1-888-349-3437
Email: info@bridges.com

The Alberta Stock Exchange has neither approved nor disapproved the information contained herein
 
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