E-Gold denies charges in federal indictment

Section:

10:28p ET Tuesday, May 1, 2007

Dear Friend of GATA and Gold:

E-Gold's formal statement in response to the federal indictment of the company on charges of money laundering and operating an unlicensed money-transfer business has been posted at the company's Internet site here:

http://www.e-gold.com/letter3.html

The company denies everything. This case will be interesting.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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World Gold, PGM, and Diamond Investment Conference
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Sunday and Monday, June 17 and 18, 2007

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