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To: jpmac who wrote (29995)2/23/2000 10:24:00 AM
From: SSP  Respond to of 150070
 
ABRG - Acquisition of Internet Marketing and Business Announced by Ambra Resources Group Inc.


Business Editors & Technology Writers

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 23, 2000--
Ambra Resources Group Inc. (OTCBB:ABRG), Information Technology
Division has agreed to acquire the rights to three internet-related
businesses: Office Managers.net, an online office management and
administration portal; First Domain Name Company for the sale of
registered Domain Names and; The Real McCoy for online marketing of
products which are "the original" versions of their respective lines.
Ambra plans to continue the acquisition of businesses related to these
services and will make announcements when the transactions are final.
Ambra Resources Group will release additional information as
these transactions are completed and the businesses are integrated
into the company.

By the Board of Directors, Ambra Resources Group Inc.

--30--SCP/ho*

CONTACT: Ambra Resources Group Inc.
Investor Relations, 800/698-3377 or 604/669-2723
ambraresources.com