Announcement from IGE Nordic AB’s Extraordinary General Meeting

An Extraordinary General Meeting of IGE Nordic AB’s (“IGE Nordic”) shareholders was held on Monday, the 22nd of December 2008 in Stockholm, Sweden. As a result of that International Gold Exploration IGE AB (publ.) (“IGE”) now has received acceptances of its voluntary offer, to the extent that IGE together with its own holdings now holds more than 90% of all outstanding shares and votes in IGE Nordic, the extraordinary shareholders’ meeting resolved to appoint the following directors to the board of IGE Nordic:

• Tomas Fellbom, Chairman (re-election)
• Lars Olof Nilsson, member (re-election)
• Thomas Carlsson, member (new election)

Erling Stensholt and Curt Järnfeldt resigned as Board members. Tomas Fellbom, Chairman of IGE Nordic said “We would like to thank Erling Stensholt and Curt Järnfeldt for their service and dedication to the Company and wish them well in their future endeavours”.

For further information, please contact:

Fredric Bratt, CEO
Mobile: +46 762 35 32 60
E-mail: fredric.bratt@igenordic.se