Crystal Graphite Corporation Starts Shipments Of High Purity Flake Graphite.

Business Editors

VANCOUVER, Britsh Columbia--(BUSINESS WIRE)--Feb. 19, 2004

Crystal Graphite Corporation ("CGC") (OTCBB:CYTGF) (CNQ:CYTG) is pleased to announce that we have received an order of 20 tonnes of high purity flake graphite. This is the commencement of shipments of the Company's product for the production of bi-polar plates which is an integral component for the manufacturing of fuel cells.

CGC has concentrated on the development of high purity flake graphite for fuel cell sector and is now well positioned to take advantage of the industry's enormous growth potential. Crystal Graphite has developed three high purity flake graphitic products (97% to 99.5% graphitic carbon). These products are produced at the company's processing facility, using graphitic material from the company's Black Crystal deposit near Nelson, British Columbia.

This release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to prediction, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "expects", "will", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could" or "might" occur.

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