SOURCE: Elgrande

May 30, 2005 14:19 ET

Elgrande Effects Name and Symbol Change as of May 31, 2005

Elgrande International Corporation Will Trade Under the Symbol "EGDI"

VANCOUVER, BC -- (MARKET WIRE) -- May 30, 2005 -- Elgrande International, Inc. (OTC BB: EGDE) (OTC BB: EGDI) specializing in importing, marketing and distributing European-designed quality products, today announced its corporate name change to Elgrande International Corporation from Elgrande.com and has been assigned the stock symbol EGDI. The name change and new stock symbol will be effective Tuesday, May 31, 2005. The name change was approved by shareholders at the annual shareholders meeting on December 20, 2004. The CUSIP Number has changed from 28655N207 to 286552104. Effective at the opening of business on May 31, 2005, the symbol will change from "EGDE" (OTC BB: EGDE) to "EGDI" (OTC BB: EGDI).

Michael Holloran, President and CEO, commented, "The name change reflects our corporate evolution and better represents our Company and products. We approved the name change at our annual shareholders meeting and with the timing of the subsequent State of Nevada and SEC regulatory processes we are now fully recognized as Elgrande International."

About Elgrande International

Elgrande International (www.elgrande.com) specializes in sourcing, importing, marketing and distributing unique European-designed quality products in the medium to high-end tabletop market. Their products are exclusively produced for the North American home décor, giftware and artware sectors. The Company has a North American sales and distribution infrastructure that currently services approximately 650 customers with over 1,100 retail locations that include independent retailers and national key accounts. Management has structured a national network of 12 major giftware representatives with showrooms in the principal US markets, supported by 128 professional sales representatives. Elgrande was the winner of the 2003 CGTA "Best New Giftware" award (www.cgta.org).

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