El Tigre Development Corp. (fka ETIG)

[PDC ™]

El Tigre Development Inc. Shareholders Approve Change in Company Name to MacGregor Energy Inc
Business Wire, Nov 10, 2004

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PHOENIX -- El Tigre Development Inc. (OTC:ETIG) announced Board approval to change the Company name to MacGregor Energy to best reflect the new corporate direction.

The Directors of El Tigre Development authorize the change of direction from a development company to "clean renewable energy" provider. The Company intends to change its name as soon as realistically feasible to reflect the new direction.

About The Company: El Tigre Development (soon to be MacGregor Energy) is engaged in research, development and commercialization of technologies for the production of alternative sources of fuel and the destruction and/or remediation of liquid and solid waste. Our goal is to establish the Company as a major alternative energy source and leading commercial provider of environmental solutions.

For official corporate or more information on the company or the events above, contact David Petersen at 402-933-8696.

This news release contains forward-looking statements within the meaning of Section 37 A of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934 of the United States. These forward-looking statements involve risks and uncertainties. The Company undertakes no obligation to publicly update or revise the forward-looking statements whether as a result of new information, future events or otherwise.

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