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IncaGold plc Acquires Rights to Three Top InterActive Vision Titles

Douglas, Isle of Man - 5th July 2005: IncaGold plc (IGD.L), a leading world-wide publisher of mass-market impulse-purchase priced games, is pleased to announce that it has acquired the German-language rights to three of the top titles from InterActive Vision Games, "Red Skies Over Europe", "Chain of Command" and "Chain of Command: Eastern Front".

"Red Skies Over Europe" allows players to choose a side, AXIS or USSR, and fly historically based missions in the skies above Stalingrad and Berlin, in some of the most memorable planes from WWII. With a focus on high paced arcade action the gamer will feel the adrenaline rush as they look for each target. The game features highly realistic aircraft, advanced weather simulations and detailed landscapes, offering the player an exciting gaming experience.

"Chain of Command" sees the player take control of American forces during a WWII campaign that stretches from North Africa to Normandy. The game has an intuitive learning curve that starts the player in control of only a small squad of soldiers, and progressively introduces more troops until the player is in command of a full attack force in the final, concluding missions. Realistic 3D environments offer a true-to-life WWII experience. Every decision players make are vital. One wrong move and history could be re-written!

"Chain of Command: Eastern Front" is the next in the Chain of Command series. In this game the player battles his way from Berlin to Warsaw and on to Stalingrad. Realistic 3D environments and weather conditions offer an authentic look and feel to the game.

"InterActive Vision and members of IncaGold's management team first worked together in the nineties," says Martin Toerring, VP of Sales & Licensing at InterActive Vision Games. "It is a pleasure to once again be joining forces, and we look forward to expanding our cooperation in the future."

"This is a partnership that should prove highly successful for IncaGold and Interactive in Germany, Switzerland and Austria, when the games are released in Q3 and Q4 of this year," says Richard M. Holmes, CEO of IncaGold plc. The games will have a retail price of between €19.99 and €29.99 in Germany and Austria, and equivalent in Switzerland and will be available at all major retail chains. Richard M. Holmes added, "We are extremely excited to have acquired the rights to such high quality titles and look forward to a continued fruitful relationship between the two companies."

Peter Hofschröer, COO of IncaGold plc and responsible for the company's publishing operation added, "IncaGold is expanding its sales operations to cover all major territories around the world and will soon be able to offer developers a one-stop shop for publishing mass-market games globally."

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

About InterActive Vision Games

InterActive Vision Games is part of an international group of companies with offices in Denmark, USA and Poland. The first company in the group was founded in Denmark in 1989 as a technology-driven development company, and was from the beginning very active in developing high quality games and B2B applications for worldwide publishers and partners. Since a major restructuring in 1993 InterActive Vision Games was set up as a separate and dedicated games development and licensing department, and has since then concentrated on delivering high-quality and value-for-money games for a wide variety of platforms such as PS2, Nintendo DS, GBA, PC, Palm OS, Pocket PC / Windows CE and the Internet. Their website is www.iavgames.com

For further information please contact: info@incagold.com

PR Contact:

Binns & Co. PR Ltd.

Ben Knowles - ben.knowles@binnspr.co.uk +44 20 7153 1487

Matt Ridsdale matt.ridsdale@binnspr.co.uk +44 20 7153 1484

Investor Contact:

Seymour Pierce Ellis

Jeremy Veasey djveasey@seymourpierce.com +44 1293 517744

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