Company News Releases...

Private Placement of Flow-Through Shares

November 22, 2004

Pacific Booker Minerals Inc. announces that it has agreed to a private placement of up to 481,928 flow-through common shares at a price of $4.15 per share for gross proceeds of $2,000,000. The Agent for the offering on a best efforts basis is Kingsdale Capital Markets Inc. The Agent has the right to exercise an option to purchase an additional 15% of the total number of flow through shares sold pursuant to the offering for a period of 30 days following the closing date. A cash commission of 8% will be payable to the Agent upon closing of the transaction. As well the company has agreed to grant to the Agent warrants equal to 10% of the gross number of Flow-Through Shares sold by the Company from the date hereof until the last closing of the Financing. These Broker Warrants will be priced at the issue price of the Flow-Through Shares and will be exercisable for a period of two years from the date of issue. Closing is scheduled on or about December 9, 2004. There will be a finder's fee payable on this transaction.

An additional 5,000 shares of Flow-Through shares will be purchased by an insider at a price of $4.15.

Proceeds will be used for the exploration of the Company's Morrison/Hearne Hill project and for further definition of the Morrison Deposit.

This news release is not an offer of securities for sale in the United States. The securities comprising this offering have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent such registration or an exemption from registration.

J. Paul Stevenson, CEO

Pacific Booker Minerals Inc.

“No regulatory authority has approved or disapproved the information contained in this news release. This release includes certain statement that may be deemed “forward-looking statements”. All statements in this release, other than statement of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautious that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.”