Ivory Energy Inc.

Ivory Energy Inc.

June 27, 2008 10:33 ET

Ivory Energy Inc.: Convertible Debenture Interest Payments

CALGARY, ALBERTA--(Marketwire - June 27, 2008) - Ivory Energy Inc. (TSX VENTURE:IV) announces that the interest payments for the Convertible Debentures issued July 18, 2007 will be paid on June 30, 2008 in terms of the indenture.

Ivory Energy Inc. is a Saskatchewan heavy oil producer that is developing its oil properties, cash flow and reserves through low risk re-completions, workovers, infill drilling, and utilizing enhanced oil recovery methods. Ivory has an inventory of over 50 infill and step-out locations on its oil properties.

The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release.

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