SOURCE: Elgrande International, Inc.

July 31, 2006 09:00 ET

Elgrande International Signs Agreement With A.G. AUCTION PARTNERS to Begin eBay Distribution

VANCOUVER, BC -- (MARKET WIRE) -- July 31, 2006 -- Elgrande International (OTCBB: EGDI) announced today they have signed an exclusive agreement with A.G. AUCTION PARTNERS to begin distribution of their award-winning home décor products on eBay.

Over the past several years, Elgrande has focused on providing their exclusive range of products for sale to North American consumers through boutiques and luxury stores such as Neiman Marcus, Geary Beverly Hills, Nordstrom and Saks Fifth Avenue. The agreement with A.G. AUCTION PARTNERS extends the Company's distribution by providing a proven channel to a broader range of consumers than are available through traditional retail stores.

Michael Holloran, Chief Executive Officer of Elgrande International, added, "eBay is an unrivaled and trusted global marketplace. Our products have won international recognition including the CGTA best new product award, have been featured on Oprah Winfrey's 'O List' and at several Celebrity Awards shows, have high consumer visibility and are ideally suited to the eBay marketplace. Our relationship with A.G. AUCTION PARTNERS opens the door to this marketplace, complements our existing distribution and greatly increases our exposure to a huge untapped market. This relationship will expand our access to consumers thereby building revenue and shareholder value."

About Elgrande International

Elgrande International (www.elgrande.com) specializes in sourcing, importing, marketing and distributing unique artist designed quality products in the medium to high-end home décor tabletop market. Their products are exclusively produced for the North American home décor and giftware sectors. The Company has a North American sales and distribution infrastructure that services approximately 650 customers that include independent retailers and national key accounts. Elgrande was the winner of the 2003 CGTA "Best New Giftware" award (www.cgta.org).

Safe Harbor Provision

This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include "...will expand our access to consumers thereby building revenue and shareholder value" and are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. Risk factors include, lack of inventory financing, foreign currency fluctuations, availability of product, uncertainty concerning market acceptance of its products, competition and other risk factors as outlined in the Company's SEC filings.

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