Effective at the opening on February 8, 1999, International Bio Recovery Corporation commenced trading on the Vancouver Stock Exchange. The company is classified as a "Venture" company and trades under the symbol "INT".

International Bio Recovery Corporation is a Vancouver, B.C.-based biotechnology firm which provides an environmentally friendly waste reduction service to persons in the Greater Vancouver Regional District who must dispose of bio-degradable waste. The company produces an organic fertilizer product in both liquid and dry pellet form from the process.

International Bio Recovery Corp. has completed its initial distribution of shares to the public for total gross proceeds of $5,014,000 (640,000 units at $2.35 per unit) and (1,560,000 shares at $2.25 per share). The company's capitalization is 100 million common shares with no par value of which 11,980,359 common shares are currently issued and outstanding (including 2,094,000 shares in escrow). Canaccord Capital Corp. is the sponsoring member and Montreal Trust Company is the transfer agent.

The company has offered to its agent a total 440,000 non-transferable warrants. One warrant to purchase one share at $2.35 per share up until one year from February, 8, 1999.

For further information, please refer to the Company’s Prospectus dated September 29, 1998 and Prospectus Amendment No. 1 dated December 24, 1998.

INTERNATIONAL BIO RECOVERY CORPORATION
Bernhard Van Dijk, President
52 Riverside Drive
North Vancouver, BC V7H 1T4
Telephone (604) 924-1023