S. press briefing January, 11 at the Western
Indian Gaming Conference in Palm Springs .

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Natural Gas from this field development will be sold into the United
States and other markets by FIDC.
The study analyzed data in the 1990 and 2000 U.S.

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Investment financing, tribal energy creation and pharmaceutical
development for Native American communities are its primary tools to
create positive change in Indian Country.
The nearly year-long study by the Center for California Native Nations at
the University of California Riverside was coordinated by Dr.

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(OTCBB:IGDC), today announced that
its affiliate, First Indigenous Depository Company (FIDC), signed a
contract the with the Sweetgrass First Nation of Saskatchewan Canada
to begin development of the Tribe's natural gas fields on the Nation's
lands.
Reporters wishing to attend the briefing in Smoke Room F of the Palm
Springs Convention Center should first register at the press counter at the
conference 's Registration Center in the adjacent Wyndham Palm Springs Hotel,
888 Tahquitz Canyon Way.

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"

About Indigenous Global Development Corporation

Indigenous Global Development Corporation (IGDC) is the first
majority owned publicly traded Native American corporation.

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"It is the first time a
Tribe is the majority owner of its natural resource development
projects.

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com

Copyright (C) Indigenous Global Development Corporation, 2005

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This is a historic contract since it is the first time a
Canadian First Nation owned the majority share of a natural gas
development project on First Nations' lands. and for indigenous people worldwide.

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The Sweetgrass First Nation encompasses 49,000 acres of Reserve
Land and over 4,100 acres of Treaty Land Entitlement lands.S. First Indigenous Depository
Company is its affiliate. CNIGA is dedicated to
protecting the sovereign right of Indian tribes to have gaming on their land.

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m. Kate Spilde
Contreras, the Managing Director at the Center.

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Business Editors/Energy Editors

SAN FRANCISCO----Indigenous Global
Development Corporation, the first majority owned and publicly traded
Native American company in the U.

Landmark Study on Economic and Social Impacts of Indian Gaming to Be Released at Western Indian Gaming Conference

It acts as a planning and coordinating agency for legislative, policy, legal
and communications efforts on behalf of its members and serves as an industry
forum for information and resources.

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Indian gaming impacts since 2000, when California's principal
tribal-state compacts went into effect, were analyzed through surveys of
tribal and local governments and in-depth case studies of individual tribal
governments .

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Six faculty members from five
academic departments participated in the research project .

About CNIGA
Representing 63 member tribes, CNIGA is the largest association of
California federally recognized tribal governments.

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IGDC Holding Company Signs Contract to Develop First Nations Natural Gas Field; Historic Contract for First Nations Canadian Natural Gas Development Project

You can find more information about
Indigenous Global and First Indigenous Depository Company at
www.

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fidc1.
"This is truly ground-breaking research by respected and independent
scholars that will be helpful to tribal, local and state government as Indian
gaming continues to mature as a powerful economic force in California," said
Anthony Miranda, chair of the California Nations Indian Gaming Association
(CNIGA), sponsor of the conference.

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Under the current working agreement between
FIDC and IGDC, IGDC receives 90% of the net profit.

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Under the contract, FIDC
will provide the financing, technical assessment of the natural gas
potential and begin drilling the first well for the Sweetgrass First
Nation later this year. There is a
potential for natural gas revenue from up to 18 First Nations, with
each First Nation having the potential for $500 million to $3 billion . This represents a new beginning for First Nations' energy
programs and the First Nations of Canada . IGDC's
goal is to provide strategy, financial and investment tools to deliver
economic development , empowerment and financial self-sufficiency for
Native Americans across the U.

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SACRAMENTO, Calif ., The first state-wide study of
the social and economic impacts of tribal government gaming within California
will be released at a 1:30 p.

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Censuses for a "before
and after" snapshot of conditions in California during Indian gaming's initial
growth phase.

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"The Sweetgrass First Nation contract marks the beginning of a new
era for the First Nations of Canada," said Deni Leonard, Chairman and
CEO, First Indigenous Depository Company.