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September 29, 2008

e-gold® Engages KPMG to Assist e-gold in its Development of AML Program Improvements

FOR IMMEDIATE RELEASE

[MELBOURNE, FL] -- e-gold Ltd. announced today that it has retained KPMG LLP to assist e-gold Ltd. in its development of an improved Anti-Money Laundering Program. KPMG’s Advisory Services practice brings significant industry knowledge and experience that will greatly benefit e-gold Ltd., e-gold Ltd. announced.

Dr. Douglas Jackson, e-gold Ltd. Founder, said, “e-gold Ltd. is seeking to have one of the market’s most effective Anti-Money Laundering Programs.” Dr. Jackson said e-gold Ltd.'s goal is to implement significant enhancements to its Anti-Money Laundering Program in the next 30-60 days.

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About e-gold

e-gold is an electronic currency, 100% backed by physical gold in allocated storage that empowers people to use gold as money. e-gold is integrated into a secure account-based payment system, operating globally 24/7, featuring instantaneous payment settlement with no charge back risk, at lower cost. Shopping cart, automation, and mobile phone interfaces are available. Operational since 1996, e-gold has settled over 90M transactions, serves customers in 165 countries, and has a circulation of over 2.2 metric tonnes of e-gold.

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For information contact:

Bill Cunningham
bcunningham@g-sr.com
+1 (321) 956-1200 ext 127

Or visit www.e-gold.com.

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