NAMEX Explorations Inc.

4333 Ste-Catherine St. West, Suite 610, Montreal (QC), H3Z 1P9 Canada

Tel: (514) 932-7712 or (514) 935-2445 Fax: (514) 935-8161

E-mail: info@namex-explorations.com   Web site: www.namex-explorations.com

May 7, 2008

Dear Shareholders,

This letter will up date you on three important matters:

1.  Namex's Founders, James Hess and Rosemary Christensen, were recently interviewed on IDNR-TV's "Face the Analyst", hosted by Jay Taylor, editor and publisher since 1980 of "J. Taylor's Gold & Technical Stocks Newsletter".  To see this interview, go to www.namex-explorations.com - left hand side of the home page under updates or you may go directly to www.idnrtv.com.

2.  A matter of extreme importance to you and your company.  Your participation! 

Namex had to postpone its annual meeting due to a lack of outsider shareholder votes.  Some 45% of all shareholders voted, however, the majority of those who voted do not count as according to the TSX-V regulations the votes of officers, directors, insiders and interested parties are disqualified when it comes to stock option programs.  Not enough of the outsider shareholders voted to provide the necessary approval for the stock option plan.  Consequently the meeting was postponed to Friday, May 16, 2008.  A second mailing of proxy and voting materials has been sent so please participate by voting at your earliest convenience if you have not already done so.

Why is the option plan so important?  Namex pays no salaries to its executives and management.  The option plan assures that this group of individuals participates in the company's equity and, in keeping with company policy they do not sell shares received through the exercise of options while still with the company.  Management has, when necessary between placements, requested option holders to exercise their options to raise monies to enable the company to meet its current obligations.  Obviously, Namex's professional and technical teams are paid for days worked at agreed to fees and for their expenses.

Also, it is most important that you keep us up to date with your addresses - mail and email - phone and fax numbers so that we can efficiently communicate with you.  Please remember to visit www.namex-explorations.com as all current news is posted.

3.  You will shortly receive an up date on this year's exploration program covering all four of the Ontario properties.  Your management and technical teams envision a very exciting and meaningful exploration season for Namex in 2008. 

No matter your shareholding size, I am always available to speak to you by phone, fax, and email.

Sincerely yours,

(Signed) James W. Hess

President

JWH/NF