New Guinea Gold fka NGG (NGG)

[goldisking3000]

November 5, 2009. Further to its press release of October 19, 2009, New
Guinea Gold Corporation (TSX-V:NGG) (“the Company”) announces that, based on the advice of
special counsel, the Company’s Board of Directors have determined that the recent demand made
by dissident shareholders for the calling of a general meeting of the Company is invalid, in that
the requisition notice does not satisfy the mandatory requirements of section 167 of the Business
Corporations Act (British Columbia) (“Act”). Accordingly, the dissidents' representatives have
today been advised by the Company that the Board will not be calling a shareholders meeting in
response to the requisition.