Thunderbird Resorts Inc.
CNQ : TBI.U
FRANKFURT : 4TR

Thunderbird Resorts Inc.

June 27, 2005 13:47 ET

Shareholder Proposals Approved at Annual and Special Meeting

POWAY, CALIFORNIA--(CCNMatthews - June 27, 2005) - International Thunderbird Gaming Corporation (CNQ:ITGC.U)(FWB:OSJ) announces the following update:

Thunderbird is pleased to announce that all shareholder proposals have been approved by shareholders at the Company's Annual and Special Meeting held in San Diego on Friday, June 24, 2005. Jean Duval and Albert Atallah were re-elected as directors for two-year terms. Davidson & Company were appointed as auditors for the ensuing year. A company name change to "Thunderbird Resorts, Inc." was unanimously approved. The proposed stock option plan was also approved. The corporate name change and stock option plan required 2/3 of the votes cast by shareholders, in person or by proxy, at the Meeting. Management will continue to work diligently in earning the confidence of the Company's shareholders while pursuing the newly formulated mission statement "....to be the most successful recreational property developer and operator in each of our markets by offering customers dynamic, themed and integrated entertainment venues anchored by casinos and by creating genuine value for the community and for our employees and shareholders."

International Thunderbird Gaming Corporation is an owner and manager of international gaming facilities. Additional information about the Company is available on its World Wide Web site at www.thunderbirdgaming.com.

On behalf of the Board of Directors,

Jack R. Mitchell, President and CEO

Cautionary Notice: This release contains certain forward-looking statements within the meaning of the securities laws and regulations of various international, federal, and state jurisdictions. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential revenue and future plans and objectives of the Company are forward-looking statements that involve risk and uncertainties. There can be no assurances that such statements will prove to be accurate and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's forward-looking statements include competitive pressures, unfavorable changes in regulatory structures, and general risks associated with business, all of which are disclosed under the heading "Risk Factors" and elsewhere in the Company's documents filed from time-to-time with the CNQ and other regulatory authorities.

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