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FOR IMMEDIATE RELEASE

Houston / Kemah, Texas – June 16, 2008 American International Industries, Inc. (NasdaqCM: AMIN) today announced that the attorneys for Delta Seaboard Well Service, Inc., a 51% owned subsidiary of American International Industries, Inc., have prepared a motion for new trial in the lawsuit Fort Apache Energy, Inc. v. Delta Seaboard Well Service, Inc. on the grounds that the damages awarded by the 334^th District Court in a non-jury trial in Houston, Texas are improper because they are based on speculation or conjecture, the findings of fact and conclusions of law are deficient or improper, and because Fort Apache admitted on discovery and in trial that another party was responsible for the destruction of the wellbore in a prior lawsuit. The motion for new trial is scheduled to be filed on or before Monday, June 16, 2008. In the event that a new trial is not granted, Delta has retained the services of Lynne Liberato of the law firm of Haynes and Boone and Byron Keeling of the law firm of Keeling & Downes, both in Houston, Texas, to appeal the judgment. The Company is strenuously and vigorously defending this matter. Management believes there is a strong possibility of either prevailing on the merits in a new trial or overturning the judgment through the appeal process. In the unlikely event that Fort Apache successfully defends any judgment in this case on appeal, management believes that any damages assessed will be recoverable through favorable verdicts in the two related insurance lawsuits. The Company previously filed an 8-K stating the amount of the judgment, which did not include attorneys’ fees and interest, of which the Company’s share is approximately $300,000.