Equal Trading Inc.

October 24, 2006 12:56 ET

Equal Trading Inc. is Investigating the Source of the False News

CHICAGO, ILLINOIS--(CCNMatthews - Oct. 24, 2006) - Equal Trading Inc. (PINK SHEETS:EQTD), announces that a fake media communication was distributed this morning under the Company's name.

It has come to the attention of Equal Trading's management that information is being distributed about Equal Trading by third parties that is not authorized, sanctioned or paid for by the Company. Equal Trading cautions investors not to rely on such information and Company encourages investors and shareholders to verify news through proper news agencies that disseminates such news. EQTD has not distributed or authorized anybody to distribute any such communication. Company is adding a news feature to its web site where the investors also can check Company's own news for its authenticity.

The fake communication states the Equal Trading is to announce, "Results which have far exceeded expectations. The results from our British Columbia property show 58,000 ounce potential."

Equal Trading cautions investors not to rely on such information and Company encourage investors and shareholders to do proper due diligence to investigate accuracy of any all news releases. Company cautions investors and public to ignore any and all type of email driven fake news that may have been disseminated by any third parties.

Equal Trading is investigating the source of this distribution and once it has more information on the matter, it will take all necessary actions against parties involved.

About Equal Trading

Equal Trading Inc. an equity trading company has now embarked on a focus of responsible development, exploration, and exploitation of precious metal resources in North America. EQTD is an emerging junior gold, silver and copper mining company financially well connected, coupled with a strong management and technical team focused on exploiting gold, silver and copper reserves in North America.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

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