PBX Announces Grant of Options

July 5, 2011

VANCOUVER, B.C. – International PBX Ventures Ltd. (the”Company” or “PBX”) today  announces that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange (the “Exchange”) the Company will be granting 800,000 stock options to a Director, for a term of three years, at an exercise price of  $0.38 per common share.

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

“George Sookochoff”

George Sookochoff, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.