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

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About Indigenous Global Development Corporation

Indigenous Global Development Corporation (IGDC) is the first
majority owned publicly traded Native American corporation. First Indigenous Depository
Company is its affiliate.fidc1.

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While that workshop focused on ways Native Americans can
better determine their future, exercise self-governing power
effectively, and build sustainable economies, next week's conference
will highlight success stories and challenges to growth and
development . "It is the first time a
Tribe is the majority owner of its natural resource development
projects . You can find more information about
Indigenous Global and First Indigenous Depository Company at
www.

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Business Editors/Energy Writers

TEMECULA, Calif."
Created in 1995 to safeguard tribal sovereignty, tribal government
rights, and cultural identity, the tribal alliance includes 13 tribes
in California, primarily in Riverside and San Bernardino counties.
Natural Gas from this field development will be sold into the United
States and other markets by FIDC.

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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. This represents a new beginning for First Nations' energy
programs and the First Nations of Canada.

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SCE to Cosponsor Workshop on Native American Economic Development

The "Native Nations" summit will build on the work done at a 2003
workshop held in the Owens Valley and sponsored by SCE and the Bishop
Paiute Tribe. 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.
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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"There is great potential for new business development among the
tribes here in Southern California," said Bill Bryan, vice president,
SCE business customer division. "Through our participation in this
partnership, we seek to help foster business opportunity and growth
for the benefit of the tribes.6 million customer accounts
in a 50,000-square-mile service area within central, coastal and
Southern California.

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An Edison International (NYSE:EIX) company , Southern California
Edison is one of the nation's largest electric utilities, serving a
population of more than 13 million via 4.S. 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.com

Copyright (C) Indigenous Global Development Corporation, 2005

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and for indigenous people worldwide.
Investment financing, tribal energy creation and pharmaceutical
development for Native American communities are its primary tools to
create positive change in Indian Country.

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----Southern
California Edison (SCE) and the Tribal Alliance of Sovereign Nations
will sponsor a workshop on economic development and tribal governance
next week on Tuesday and Wednesday, May 17 and 18, at the Pechanga
Resort and Casino here.

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SCE's economic and business development group helps foster
business growth within the company's 50,000-square-mile service area .

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

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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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"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.

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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. 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.S.