TSX : SXI

VANCOUVER, May 14, 2012 /CNW/ – Synex International Inc. (the “Company”)
announces the initiation of a dividend in the amount of one-cent
($0.01) per share, which is intended to be paid annually. The first
dividend will be payable on or about June 28, 2012 to shareholders of
record at the close of business on June 15, 2012. The ex-dividend date
shall be the close of business on June 13, 2012.

The decision of the Board of Directors to introduce a dividend
demonstrates its confidence in the ability of the existing operating
assets to consistently generate positive cashflows.

The Company also advises that it has completed the purchase of a further
$100,000 of shares of Robson Valley Power Corporation (“RVPC”). After
combining this purchase with its existing shares, the Company now owns
11% of RVPC.

Synex International Inc is an experienced run of river hydroelectric
developer and consultant in British Columbia with over 15 professionals
located in the Vancouver office. The Company wholly owns or has
interests in 12 MW of operating facilities and has applications for
water licences and land tenure on over 70 potential hydroelectric sites
which are in various stages of development or for disposition.

“signed”

______________________________________
Greg Sunell, President

This press release contains forward-looking statements that involve
risks and uncertainties. These statements reflect our current expectations and are subject to change. They are subject to a
number of risks and uncertainties including, but not limited to, changes in economic conditions, risks associated with the
construction and operation of hydroelectric facilities and changes in government policies.

SOURCE Synex International Inc.