209 - 475Howe Street
Vancouver, BC Canada V6C 2B3
TEL: (604) 681-7748 • FAX: (604) 681-0568
Canadian Venture Exchange Symbol: PBX
EMAIL: [email protected]
WEB SITE: www.internationalpbx.com

SEPTEMBER 9, 2004

NEW DIRECTOR APPOINTED ……OPTIONS CANCELLED

International PBX Ventures Ltd. is pleased to announce the appointment of Michael Waskett-Myers to the Board of Directors. Mr Waskett-Myers will coordinate the collection, storage and computer analysis of the company’s exploration data. He has been involved in exploration work with both senior and junior exploration companies for the last thirty five years.

The company also wishes to announce that it will not be proceeding with the grant of incentive stock options to purchase 900,000 common shares at a price of $.50 per share granted to certain directors on December 12,2003. Refer to the company’s news release of January 12, 2004.

BY ORDER OF THE BOARD

Verna Wilson

Director

The TSE 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.