IVG Enterprises Ltd.

December 27, 2006 16:30 ET

IVG Enterprises Ltd.: News Release

CALGARY, ALBERTA--(CCNMatthews - Dec. 27, 2006) - IVG Enterprises Ltd. (the "Corporation") (TSX VENTURE:IVE) announces that Mr. Lau Chak Wong has resigned as the Chief Financial Officer of the Corporation effective as of December 27, 2006.

The Corporation would like to express its appreciation for the services provided by Mr. Lau Chak Wong to the Corporation.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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