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IncaGold Acquires Rights to Two Hot New Motor Racing Titles

Douglas, Isle of Man - July 1st, 2005

Today, IncaGold (IGD.L) is pleased to announce that it has acquired distribution rights to two top titles from 576 Media, a leading Hungarian software developer and publisher. The titles are:

"Road to Fame"

"Road to Fame" brings a fresh, new approach to arcade-style car racing. You begin with a beat up old car and race your way to fame and fortune winning money with each race. Invest the money in tricking out your car, making it faster, or build a new one. Realistic graphics and your personal touches will provide you with hours of entertainment.

"Army Racing"

Realistic army-related graphics and high energy street racing will pump up your adrenaline as you race through 14 countries on the ultimate quest...... to defeat the enemy in races held on army bases. Choose from one of thirty characters, pick your enemy and leave him in the dust! 20 cars, 20 races, each with different levels of difficulty, equals total excitement. You better be fast and you better be on the ball, because they're out to get you and the only way to get them is to win!

"Road to Fame" is in the final stages of production for the imminent release in Germany, Austria and Switzerland, and will be released in the UK, Ireland and Scandinavia in Q3 of 2005. "Army Racing" will be released by the end of October

2005.

"It is a good partnership we are forging with IncaGold," said Managing Director Zsolt Balogh, "We expect a good mutual success from this partnership and it is also good to work with a company which so much exposure in the market."

"576 Media is one of Hungary's best-known game developers. Not only are they prolific in their development, they produce quality products which should appeal to gamers throughout Europe," says Peter Hofschröer, COO of IncaGold plc. The games will have a retail price of €29.99 in Germany and Austria, with a price point of CHF 40 in Switzerland. Price-points for UK and Scandinavia are yet to be announced. Pre-orders on "Road to Fame" have been very good and the titles will be available at all major retail chains.

About IncaGold plc

IncaGold plc (IGD.L) is a leading world-wide publisher of mass-market impulse-purchase priced games, entertainment and edutainment products, as well as personal productivity and utilities. IncaGold publishes products on PC CD-ROM, on-line, on in-flight entertainment systems, public entertainment systems as well as on mobile phones, and has over 1000 different Titles in its current line up. Established in 1996, IncaGold plc, the company is based in the Isle of Man, British Isles. IncaGold plc is a publicly traded company on the AIM market of the London Stock Exchange under symbol IGD.L

IncaGold plc: info@incagold.com tel: +44 1624 810990

Media Contact: Dave Solomon - dave@incagold.com tel: +1-949-231-2862

Media Contact Germany: Carsten Korte - carsten@incagold.com tel: +49 5404 919495

PR Contact: Ben Knowles - ben.knowles@binnspr.co.uk tel: +44 20 7153 1487

Investor Contact: Jeremy Veasey, Seymour Pierce Ellis -

djveasey@seymourpierce.com tel: +44 1293 517744

About 576 Media

Located in Budapest, Hungary, 576 Media is a software developer and distributor of PC, and console game titles. Started in 1990, the company has grown to 45 employees and distributes game software into Hungarian retail and operates eight of their own stores with an additional two opening by the end of Summer 2005.

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