IGM Ltd

24 May 2006
IGM Limited
("IGM" or the "Company")
IGM announces completion of IPO and commencement of trading


IGM, the holding company of a Chinese mobile technology group with operations in
Asia, announces that the Company's shares have today been admitted to trading on
the AIM market of the London Stock Exchange ("AIM"). The Company's trading
symbol is "IGMG".

78,084,024 shares have been issued upon Admission, resulting in a market
capitalisation of #40.2 million. This follows the placing of 15,973,524 new
ordinary shares and 3,337,769 existing ordinary shares at a price of 51.5 pence
per share, which has raised gross proceeds of approximately #9.945 million, of
which approximately #8.2 million (before expenses) has been raised for the
Company.