Deep Sea Minerals, Inc.

Deep Sea Minerals Inc. (DSM) is a high technology marine minerals and biotechnology corporation. The corporation is currently engaged in a worldwide leasing program to acquire exclusive rights in specific Economic Exclusive Zones (EEZ?s) that DSM?s marine geologists have identified as prospective targets for seabed mines of copper, zinc, gold, and silver. In the last two years the corporation has assembled an international team, including some of the world?s leading marine research scientists and engineers, and has created strategic partnerships and alliances with world-class engineering and mining groups. Development of a marine mining venture has key requirements in common with most other mining ventures. These include financing, deposit location, property acquisition, deposit delineation, and permitting, as well as the collection, transportation, processing and marketing of the ore itself. DSM has made progress on all of these fronts, which is outlined in a general way in this presentation. Financing for the venture is clearly the first big hurdle to overcome. Deep seabed mining involves new technologies and significant up-front capital investment. Less than fifteen years ago, such financing would probably have impossible to achieve, given classical business models. However, with the spectacular success of high technology ventures in the areas of electronics, software, and biotechnology, new business models and investment strategies have evolved which put relatively high evaluations on intellectual property and exhibit relatively high confidence in new ways of doing things. DSM is taking full advantage of these changes in venture capital markets in its financial planning.