IGDX HOLDINGS LTD.

KDYMM Tuanku Sultan of Kedah Golden Jubilee Commemorative Gold Coins
to be minted and distributed by IGDX Holdings Ltd in 2008
E-Qirad puts IGDX in the spotlight with Kedah State Government

E-Qirad Sdn Bhd (EQSB), a wholly owned subsidiary of IGDX Holdings Ltd today have signed a RM8 million deal with Perbadanan Kemajuan Negeri Kedah (PKNK) and Yayasan Islam Negeri Kedah (YIKED) to mint and distribute commemorative Gold and Silver coins to mark KDYMM Sultan Abdul Halim Muadzam Shah's rule in Kedah which will be entering into its 50th year in 2008 and in conjunction with Tuanku's KDYMM Sultan Kedah's Golden Jubilee celebration. The signing of the Memorandum of Agreement took place at Nikko Hotel, Kuala Lumpur on 31st October 2007 and were witnessed by YAB Dato' Seri Mahdzir bin Khalid, Menteri Besar Kedah Darul Aman and YTM Dato' Seri Tunku Puteri Intan Safinaz binti KDYMM Tuanku Sultan Haji Abdul Halim Mu'adzam Shah, who is also the Company Director of Kedah Gold iGallery, which will be distributing the minted gold and silver coins.

E-Qirad is an established company which has acquired unique experience, special skills, technique and knowledge with reference to the trading of gold and minting of gold and silver coins. Commenting on the collaboration with Kedah state government entities, Group Executive Chairman, Dato' Dr Shamshudeen Yunus said that the company is pleased to be associated with them and feel honored to be given the opportunity to participate in making KDYMM Tuanku Sultan of Kedah golden jubilee celebration in 2008 more meaningful.

The minting of the commemorative coins will be done at Kazanamas Gold Refinery Sdn Bhd, a subsidiary of IGDX Holdings Ltd., which features one of the most advanced refining facilities and equipment throughout Asia. Through its high quality and modern equipment, Kazanamas Refinery is also capable of producing gold bullion with 995 level of gold purity. The minted coins will be packaged in 4 different types of packages comprised of various denominations to serve different segments of the market. One type of the packages which will consist of 200 sets will be auctioned to the public.