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INTERNATIONAL ENERGY GROUP (OTC: ILGL) Retains Canadian Council for OSC Hearings

INTERNATIONAL ENERGY GROUP, INC. (PINKSHEETS: ILGL) today announced that it is in the process of retaining corporate council in Toronto to resolve a trading restriction in Canada involving the former transfer agent and management. The scope of the investigation being conducted by Ontario Securities Commission is focused on the activities of Select American Transfer Company of Toronto and its owners and is confined only to the legal jurisdiction of the Province of Ontario, Canada.

International Energy Group, Inc., its board of directors, management and attorneys adamantly deny any involvement with the alleged problems in Ontario, Canada and through our new attorneys, will separate ourselves from the ongoing proceedings.

International Energy Group, Inc. is a Florida corporation and does not, nor has it ever done business in the Province of Ontario, Canada. The company's stock transfer agent is Standard Transfer & Trust Company of Las Vegas, NV and not Select American of Canada.

About International Energy Group, Inc.

International Energy Group is a development stage natural resource company with coal and gas properties. ILGL has rights to mine these properties through royalty agreements with the landowners with an option to purchase the properties. ILGL also holds options to acquire additional deposits in Russia and Columbia.

International Energy is a natural gas and mining company whose goal is to develop shareholder value through the acquisition of substantial natural resources, engaging strategic partners to develop production and creating cash revenues for further acquisitions.

For more information available to the public, contact the investor relations dept., at 877-473-5224. Or visit us at our new website .