Press Release

Sprott Inc. declares second quarter 2008 dividend

        TORONTO, July 29 /CNW/ - Sprott Inc. (TSX:SII) today declared an eligible  dividend of $0.025 per common share for the quarter ended June 30, 2008,  payable on August 29, 2008 to shareholders of record at the close of business  on August 11, 2008.        About Sprott Inc.        Sprott Inc., through its wholly-owned subsidiary Sprott Asset Management  Inc., is an independent asset management company with approximately  $6.8 billion of assets under management mainly among its 21 investment funds,  discretionary managed accounts and management of certain public companies.  Sprott Asset Management has a history of offering investment management  services to high net worth individuals and institutions for more than  26 years. For more information about the Company, please visit  www.sprottinc.com.