S.

IGDC's Holding Company Presents at First Nations' Energy Summit; FIDC Presents Energy Model to Nine Canadian First Nations

(OTCBB:IGDC) today announced that
its holding company, First Indigenous Depository Company (FIDC) was
the sole presenter at a First Nations Natural Gas Energy Summit for
the natural gas and oil producing First Nations in the province of
Saskatchewan, Canada.

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

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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.S.

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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

Business Editors/Energy Editors

SAN FRANCISCO----Indigenous Global
Development Corporation, the first majority owned and publicly traded
Native American company in the U. FIDC met
with all nine tribal leaders and signed a letter of intent with a
First Nation to move forward on this model.

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"It is the first time a
Tribe is the majority owner of its natural resource development
projects.S. The Summit sponsored by Cree Energy, Ltd.

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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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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.

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Under the current working agreement between
FIDC and IGDC, IGDC receives 90% of the net profit.
Investment financing, tribal energy creation and pharmaceutical
development for Native American communities are its primary tools to
create positive change in Indian Country. You can find more information about
Indigenous Global and First Indigenous Depository Company at
www.

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com

Copyright (C) Indigenous Global Development Corporation, 2005

marketplace and exploring various
electrical energy generation strategies for the over 30-plus First
Nations attendees. "Self-management and
control of their tribal oil and gas resources is a primary goal of the
First Nations tribes and we hope to partner with them to find
solutions.

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The meeting also extended into discussions on
trading First Nation's softwood lumber.

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S."

About Indigenous Global Development Corporation

Indigenous Global Development Corporation (IGDC) is the first
majority owned publicly traded Native American corporation. and for indigenous people worldwide.

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Its parent company is United
Native Depository Corporation.

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Natural Gas from this field development will be sold into the United
States and other markets by FIDC. and for indigenous people worldwide.

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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."

About Indigenous Global Development Corporation

Indigenous Global Development Corporation (IGDC) is the first
majority owned publicly traded Native American corporation.fidc1.

Copyright (C) Indigenous Global Development Corporation, 2005

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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. This represents a new beginning for First Nations' energy
programs and the First Nations of Canada.fidc1 .
Additional meetings, within the next 30 days, are scheduled in the
United States and Canada to complete discussions on natural gas
development plans for the First Nation attendees.

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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. First Indigenous Depository
Company is its affiliate. The First Nations attending
the Summit represent First Nation natural gas valued between $100
million to $1 billion.com

About Cree Energy, LP

Cree Energy, LP is a Canadian First Nations privately owned energy
company focusing on providing revenue, strategic and self-sufficiency
energy and natural resource management models for First Nations
governments.

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"We were pleased with the response," said Deni Leonard, Chairman
and CEO, First Indigenous Depository Company.

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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.

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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 .S.

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Business Editors/Energy Editors
National Center for American Indian Enterprise Development ,
RES 2005 Conference

LAS VEGAS----Indigenous Global
Development Corporation, the first majority owned and publicly traded
Native American company in the U.,
allowed FIDC to share its phased model for energy economic
self-sufficiency to the nine represented First Nation tribes.

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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.

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The model presented
included work with the Canadian First Nations to explore natural gas
and oil development and ownership by the tribes , trading First Nations
Canadian natural gas into the U.

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