ICMI Intl. Cons. Min

RNS Number:9618K
International Consolidated Min. Inc
02 January 2008



                    International Consolidated Minerals Inc

                           ("ICMI" or the "Company")

                 ICMI introduces a Depository Interest facility

                                      And

                 changes its quote from US Dollars to Sterling


ICMI (AIM:ICMI) is pleased to confirm that a Depository Interest ("DI") has been
today intoduced with Capita IRG Trustees Limited ("Capita") enabling
shareholders to hold their securities in the company via CREST. This will enable
dealing and settlement of the Company's shares on the London Stock Exchange's
Alternative Investment Market ("AIM"). Any shareholder wishing to hold their
certificated shares in electronic form should follow established CREST
procedures regarding dematerialization and liaise with their broker.

Each DI represents on a 1 for 1 basis a share in the Company and carries the
same rights and entitlements as certificated shares.

Capita, which will administer the DI facility, is authorised and regulated by
the Financial Services Authority.

In addition to the DI facility, ICMI has altered the denomination of its share
price from US Dollars to Sterling in a further effort to assist in trading and
settlement of its shares on AIM. This alteration will become effective tomorrow,
3 January 2008.

ICMI's ISIN is KYG4839H1121.

Greg Smith, Executive Chairman and Founder of ICMI, said:

"The introduction of a DI facility and the alteration to the currency in which
our shares are quoted to Sterling will allow settlement to take place in
electronic form, affording investors easier access to the company's shares in
their own time zone and currency which will hopefully lead to greater liquidity
in the stock."

Enquiries:

Greg Smith,                       International Consolidated Minerals Inc
Executive Chairman 
Tel: +44 (0)7717 880923

Simon Raggett/ Warren Pearce      Strand Partners Limited, Nominated Adviser
Tel: +44 (0) 20 7409 3494

Kevin Tomlinson,                  Westwind Partners (UK) Limited
Managing Director
Tel: + 44 (0)20 7290 9722

Richard Hail,                     Fox-Davies Capital
Head of Corporate Finance
Tel: +44 (0)20 7936 5200

Charles Vivian                    Pelham PR
Tel: +44 (0)20 7743 6672


ADDITIONAL INFORMATION ON INTERNATIONAL CONSOLIDATED MINERALS Inc

International Consolidated Minerals Inc (AIM "ICMI"), the South American focused
mineral exploration company was formed to pursue the exploration, development
and production of mineral assets with a focus in Latin America, and initially in
Peru on the Pachapaqui Mine. ICMI's strategy is to focus on the development of
high-quality mining assets at an advanced stage of development. ICMI's main
asset and current focus is on the Pachapaqui mining concession which contains
zinc, lead, copper, silver and gold minerals. This concession was acquired in
2005 along with 32 mining concessions of 2,105 hectares and one beneficiation
concession of 65 hectares including a disused mine and concentrator which ICMI
is currently in the process of upgrading. In 2007 ICMI embarked on a drilling and
exploration programme primarily in and around the Mantos area and the company
intends to use this project to increase resources and reserves. Further
information available from the website at: http://www.platinumdiversified.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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