Ocean Resources Affirms Business Program for Base Metals Retrieval in Interview with CEOcast

[Tx Ocean Resources via BizWire]

DALLAS--(BUSINESS WIRE)--April 30, 2004--Ocean Resources, Inc.
(OTCBB:OCRI - News) announced today that it affirmed its program for
base metals retrieval in an interview conducted by CEOcast. Ocean
Resources' co-Chairs, Dennis McLaughlin, who also is CEO, and Nick
Sinclair-Brown participated in this interview. This interview is
available at www.ceocast.com.
During the interview, co-Chair and CEO, Dennis McLaughlin reviewed
how Ocean Resources has reduced shareholder risk through its business
model. Mr McLaughlin stated that they "avoid exploration risk" through
an approach that he says "is akin to an industrial operation". In
regard to their current planned projects, Mr. McLaughlin also stated
that "we know precisely where they are located".
Mr. McLaughlin mentioned that the first voyage is set for late
this Spring for a wreck with a base metal cargo with an "approximate
market value of about $7 million". Mr. McLaughlin also stated that
future projects are much larger, "the next project is approximately
eight times larger than this one, with others on the drawing board".
Mr. Sinclair-Brown, a specialist in international maritime law,
covered the issue of rights to retrieved cargo from the types of ships
Ocean Resources has identified. He described how the precisely
targeted selections minimize the risk of cargo ownership conflicts.
Mr. McLaughlin described the thorighness of the final preparations
for the planned voyage, and stated that "final modifications to the
vessel are being made".

About Ocean Resources:

Ocean Resources, Inc. (www.oceanri.com) is engaged in the business
of deep-water recovery operations of valuable shipwreck cargos
throughout the world.

About CEOcast

CEOcast is the premier source of CEO interviews in the world with
programming distributed to millions of online investors at over 700
financial web sites as well as to more than 20,000 portfolio managers,
buy-side analysts and traders at more than 3,300 North American
institutions. Content is also disseminated to over 7,000 investment
research professionals representing over 425 institutions.
CEOcast is the premier source of original and syndicated streaming
broadcast interviews of Chief Executive Officers at public and private
news-making companies. Organized by industry, its analysts average
over 15 years experience covering and evaluating Wall Street's leading
companies.

Disclaimer

This press release may contain "forward-looking statements". All
statements, other than statements of fact, included in this release
and without limitation statements regarding potential future plans and
objectives of the Company, are forward- looking statements that
involve risks and uncertainties. Although the Company believes that
the expectations reflected in such forward-looking statements are
reasonable, there can be no assurance that such statements will prove
to be accurate. Actual results and future events could differ
materially from those anticipated in such statements. Actual results
may differ materially from the Company's expectations due to changes
in operating performance, project schedules, prices and other
technical and economic factors.