Press Release

Sprott Inc. declares third quarter 2008 dividend

        TORONTO, Oct. 28 /CNW/ - Sprott Inc. (TSX:SII) today declared an eligible  dividend of $0.025 per common share for the quarter ended September 30, 2008,  payable on November 28, 2008 to shareholders of record at the close of  business on November 10, 2008.        About Sprott Inc.        Sprott Inc., through its wholly-owned subsidiary Sprott Asset Management  Inc., is an independent asset management company dedicated to achieving  superior returns for its investors over time. Sprott Asset Management manages  assets primarily for high net worth individuals and institutions, and is the  investment manager of the Sprott family of funds. For more information about  the Company, please visit www.sprottinc.com.