IGE announces encouraging results from exploration trenching in Kenyan
gold license

International Gold Exploration IGE AB announces the results of a
reconnaissance trenching and drilling program at the Atieli target
(Kisii Special License 209) in Kenya. The license is held 100% by IGE.


The preliminary results are encouraging as they suggest a potential
high-tonnage, low-grade mineralized system that could be exploited
open-cast. The results indicate the presence of a gold-mineralized
system, including both high-grade narrow mineralization and low-grade
wider mineralization. The area is mainly underlain by sandstones, and
gold grades have been encountered in quartz veins, quartz stockworks and
silicified shearzones. The brittle and porous nature of the sandstones
is thought to be favorable to gold deposition.

So far the mineralized system covers an area of about 500 x 200 m, but
saprolite sampling results suggest that it could have a significantly
bigger extension. A total of 417 m of trenches has been dug, logged and
sampled at one meter intervals in average. Cores from shallow
reconnaissance drilling done in 2007 were also re-assayed. Samples were
prepared and assayed by ALS Chemex laboratories in Mwanza and
Johannesburg respectively.

The most significant intervals are given in Appendix 1. They  include 12
m at 0.64 g/t, 9 m at 2.10 g/t , and 5 m at 1.23 g/t. Individual
one-meter intervals reach up to 6.94 g/t.

"The results so far are encouraging, but it is still too early to tell
whether the prospect is commercially viable. However, we have decided to
move forward with further testing," said IGE's CEO Tomas Fellbom.

Further exploration work during the next few months will be aimed at
testing the horizontal and vertical continuity of the mineralized zones,
the extension of the mineralized system towards the north and the south,
and at improving the understanding of the mineralization's structural
controls. One thousand meters of trenching and 300 meters of core
drilling are planned to this effect. This work program will be done at a
low cost using IGE Kenya's own equipment, and is expected to last two
months. Given positive results, RAB and RC drilling will then be
necessary to start defining a resource. 

The Atieli target is located within the northern part of the Lake
Victoria Gold Fields, which has seen the development of major large gold
mines over the last 10 years in neighboring Tanzania. IGE's objective
remains the identification of individual bulk-mineable resources in
excess of 1 million ounces of gold contained.

Under the guidelines of National Instrument 43-101, the qualified person
for the Special License 209 is Dr Cedric Simonet, Africa Region Manager,
International Gold Exploration IGE AB. Dr Simonet is a member of the
European Federation of Geologists and has reviewed and approved the
contents of this news release, including appendix 1.

For further information, please contact: 

Tomas Fellbom
CEO, International Gold Exploration IGE AB
Telephone: +46 8 402 28 00/ +46 73 322 57 86
E-mail: tomas.fellbom@ige.se 

Thomas Carlsson
CFO, International Gold Exploration IGE AB
Telephone: +46 8 402 28 00/ +46 70 552 26 22
E-mail: thomas.carlsson@ige.se

International Gold Exploration IGE AB (publ), is a Swedish exploration
and mining group focused on diamonds, nickel and gold. The Company
started production of alluvial diamonds in Angola and gold in Kenya in
the beginning of 2009. IGE has a portfolio of projects in Angola, Sweden
Kenya and Norway. Its shares are listed on the Oslo Stock Exchange.
IGE's headquarter is located in Stockholm. For more information, visit
www.ige.se