COMMITTEE BAY INCREASES OVER-ALLOTMENT OPTION

July 13, 2006

Committee Bay Resources Ltd. (CBR-TSXV) (the “Company”) announces that the previously announced (see Committee Bay news release of July 12, 2006) $1,000,000 over-allotment option granted to the Agents under the brokered private placement offering  ("Offering") has been increased from $1,000,000 to $2,000,000. The over-allotment option must be exercised not less than 48 hours prior to the completion of the Offering. The other terms of the Offering will remain the same as previously released.

The Offering is subject to certain conditions, including due diligence and regulatory acceptance. All figures stated in this release are in Canadian dollars.

On behalf of the Board                                   
Committee Bay Resources Ltd.
/s/”John Williamson”
John Williamson, P.Geol.
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

Certain disclosures in this release, including management's assessment of Committee Bay’s plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Committee Bay's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Committee Bay expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.