International PBX grants options

International PBX Ventures Ltd. has granted to directors, officers and consultants subject to regulatory approval, options to purchase 2,550,000 common shares of the company at a price of $0.25 for a period of three years.

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

                                                                       
George Sookochoff , President & 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.

©2008 International PBX Ventures Ltd.