FCV Focus Ventures Ltd. (delisted)

Focus Ventures Ltd. (TSX VENTURE:FCV) reports that it has revised its previously
announced private placement to increase the size of the financing to $1,254,000,
and, as required by the TSX Venture Exchange, to increase the exercise price of
the warrants to 26.5 cents per share.


Accordingly, the private placement will be up to 5.7 million units at 22 cents
per unit, to raise gross proceeds of up to $1,254,000. Each unit will consist of
one common share and one half of a warrant, each full warrant entitling the
holder to purchase one additional common share of the Company at 26.5 cents for
one year from closing. 


A finder's fee may be paid on a portion of the placement. The finder's fee will
consist of 7 per cent cash or units and 7 per cent warrants, each such warrant
entitling the finder to purchase one common share of the Company at a price of
26.5 cents for one year.


The proceeds of the financing will be used for continued exploration of the
Company's Bayovar 12 phosphate project in Peru, and for general working capital
purposes. The financing is subject to stock exchange approval.


About Focus 

Phosphate rock is a raw material for fertilizers and vital to world food
production. Focus is acquiring and developing quality phosphate projects in
Latin America where the discovery and development of new deposits is becoming
increasingly important given the growing demand and limited local supply of
phosphate for fertilizer production. For further information, please call
604-630-5544 or visit our web site www.focusventuresltd.com. 


ON BEHALF OF THE BOARD

Ralph Rushton, Director

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


Forward-Looking Statement

Some of the statements in this news release contains forward-looking information
that involves inherent risk and uncertainty affecting the business of Focus
Ventures Ltd. Actual results may differ materially from those currently
anticipated in such statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Focus Ventures Ltd.
Ralph Rushton
(604) 630-5544
(604) 682-1514 (FAX)
info@focusventuresltd.com
www.focusventuresltd.com

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