GBS Gold International Inc.

GBS Gold International Inc.

October 30, 2007 11:06 ET

GBS Gold Completes Head Office Relocation

TORONTO, ONTARIO--(Marketwire - Oct. 30, 2007) - GBS Gold International Inc. (TSX:GBS) announces that it has completed the relocation of its head office from Vancouver to Toronto. The intention to move the head office was announced in early October and was targeted to be completed before the end of the year. The move will enable the head office of the Company to be closer to its shareholder base and to key North American capital markets.

The new address and contact details for the Toronto office are as follows:

20 Toronto Street, 12th Floor
Toronto, Ontario M5C 2B8
Telephone: +1 416 777 1508
Facsimile: +1 416 777 1320

The Vancouver office will be closed as of October 31, 2007 and all correspondence should be directed to the new Toronto office.

About GBS Gold International Inc.

GBS Gold is an emerging gold producer with 2.6Moz of Measured and Indicated Resources and 1.6Moz of Inferred Resources of gold at its Union Reefs Operations Centre located in historically productive goldfields in the Northern Territory of Australia. GBS Gold produces gold through its modern dual-mill 2.5Mtpa Union Reefs processing plant. The Company expects to construct a flotation plant and bio-oxidation heap leach facility using the GEOCOAT® technology at the Union Reefs Plant to process refractory ores and increase gold production from all sources to a targeted annualized rate of 300,000 ounces in 2009-2010. The Union Reefs plant is adjacent to the main Stuart Highway and the trans-continental Adelaide-Darwin railway line, and is on the Northern Territory power grid. Within 125km trucking distance of the Union Reefs plant, GBS Gold has consolidated over 3,500km2 of prospective tenements and gold deposits and also holds gold exploration properties in Western Australia and Canada. GBS Gold trades on the Toronto Stock Exchange under the symbol "GBS".

The TSX does not accept responsibility for the adequacy or accuracy of the information contained herein.

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