International PBX Ventures Ltd.
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News Release:          MINERAL RESOURCE ESTIMATION,
                                    TABACO COPPER PROJECT, CHILE

January 30 , 2007
                                              
International PBX Ventures Ltd. is pleased to announce that the report “ Mineral Resource Estimation Tabaco Copper Project, Region III, Chile” dated 25 January 2005 has been filed on SEDAR. The independent report was prepared by SRK Consulting (Chile) S.A. by George Evan, Principal Geologist, SRK Chile, and Jean-Francois Couture PhD, PGeo SRK Canada,  the qualified person under National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.

                                                                       
Gary Medford, Ph.D., P.Geo.
PRESIDENT AND CEO

Office:         604 681 7748
Toll Free: 1 877 681 1154

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
The company relies on “forward- looking” statement litigation protection.

©2007 International PBX Ventures Ltd.