SOURCE: International Energy, Ltd.

June 07, 2007 13:05 ET

International Energy Announces a Board Meeting June 15th

NEW YORK, NY--(Marketwire - June 7, 2007) - International Energy, Ltd. (PINKSHEETS: ILGL), an energy company with gas and coal properties located in Mexico, announced today that a board meeting to elect a new Board of Directors is to be held on June 15, 2007.

News released by the Company on April 10, 2007 was pre-mature and did not accurately describe the new mining assets the Company has acquired through its recent merger.

The Company plans to develop coal mines in South America and Eastern Europe to meet the ever increasing need for clean coal. Along with its existing gas properties, the Company also plans to develop ethanol and other alternative fuel from profits derived from operations.

Upcoming announcements will outline the Company's plans for these developments as well as the hiring of new Management that will be chosen to lead the Company in a positive and prosperous direction.

About International Energy, Ltd.

International Energy, Ltd. intends to become a worldwide company specializing in the extraction and production of oil and gas. The Company's vision is to establish and enhance the Company's foundation for future growth by developing properties that provide a balance between short- and long-term reserves in both the oil and natural gas markets. Oil and gas-related activities will include acquiring additional properties with potential for development and drilling. The Company will work to establish and maintain a significant inventory of undeveloped prospects. The Company emphasis is on production, cash flow and reserve value, which will be attained by exploring for, developing, and purchasing oil and gas properties worldwide.

Safe Harbor Statement

The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.

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