Silver Proving a Successful Addition to GoldMoney's Thriving Online Store

3 April 2006 - GoldMoney today announced that its customers now own $106.4 million of gold and silver.

In its regular quarterly report of precious metals released today, GoldMoney advised that its customers own 4.9 tonnes of gold valued at $91.0 million. They also own 1.3 million ounces of silver, and its value at quarter-end was $15.4 million.

GoldMoney is an online service allowing investors and consumers to purchase gold and silver and digitize it into currency. All gold and silver is stored in a specialised bullion vault near London, England, and is insured through a policy underwritten at Lloyd's of London.

"We continue to meet our customers' increased demands for precious metals," said James Turk, founder and chairman of GoldMoney. "Investors continue to accumulate gold and silver by way of GoldMoney because we offer convenience and low fees. Furthermore, our clients know their precious metals are safe because of our industry-leading governance procedures and practices."

The GoldMoney website offers gold and silver buy and sell rates in four currencies - US dollar, Canadian dollar, euro and British pound. Additionally, in keeping with GoldMoney's underlying basic principle that 'gold is money', customers can use their goldgrams to purchase silver.

Turk explained: "GoldMoney launched silver on January 1st, and our customers have already purchased over one million ounces. Customer feedback indicates that they like the ease with which they can purchase any amount of silver, which we then store for them in allocated storage."

To purchase gold or silver, customers simply log into their GoldMoney account through the secure online link and choose the amount of metal they wish to purchase and the currency to pay for their purchase. Purchases using US dollars can be automatically deducted from a customer's bank account with our convenient electronic check feature.

In addition, if they want to sell, customers sell their gold and silver at the current spot rate for any of the four national currencies that is provided 24/7 on the GoldMoney website. The proceeds from the sale will be in their bank account the next day, or in their Holding the same day if they sell their silver for goldgrams.

GoldMoney, the inventor of digital gold currency, is combining 21st century technology with the world's oldest money - gold - to make the online purchase of gold and silver safe, convenient and economical. Not only is GoldMoney the fastest growing digital gold currency, it is also the largest. Its regular audits and governance procedures have set the industry standard. These advantages have made GoldMoney a world leader in the buying and selling of gold and silver bullion.

Anyone can use GoldMoney to build their savings and secure their wealth by owning pure gold and silver that is insured and stored safely and conveniently for them in a specialised bullion vault near London, England.

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GoldMoney is digital gold currency - gold in digital form that can be accumulated, spent and transferred electronically. By converting the world's oldest money into a new and much-needed digital currency, GoldMoney allows merchants and consumers to avoid the risk and expense of credit cards as well as the hassle of using conventional fiat currencies online. GoldMoney has been awarded four US patents for its asset-based online transaction system. GoldMoney services can be accessed at GoldMoney.com.

For more information contact:
James Turk
Founder, GoldMoney
info@goldmoney.com

Anthem Blanchard
Director of Strategic Development & Marketing
info@goldmoney.com

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