Wildwood Management Corporation Signs Letter of Intent for Gold Mining Concession in Colombia
December 2, 2008

FARMINGTON, NM -- (Marketwire) -- 11/28/08 -- Wildwood Management Corporation (FRANKFURT: 4IO) -- a mining exploration company -- has recently signed a Letter ofIntent for a 391 hectare gold mining concession in Rivera, Tolima inColombia. Wildwood has been evaluating the gold opportunities in Colombiaand has found the country to be at the forefront with more than 4,250 goldmines and 190 platinum mines.
The mining concession in Rivera is an appealing opportunity as it is easilyaccessible by road and requires little development as gold is extractedfrom the Cucuana y Chili River and will not affect the land or water of thearea. A preliminary study also shows barite and copper deposits.

Wildwood is evaluating other opportunities in the area and is in currentnegotiations for another gold concession that has 9,312 hectares andadditional deposits of copper, barite, and uranium. Future progress on thisopportunity will be announced in the near future.

www.wildwoodman.com

About Wildwood Management Corp.

Wildwood Management Corp. is an established mining, exploration anddevelopment company. Our mission is to create shareholder value byachieving growth through robust acquisition, exploration programs andlow-cost production.

Wildwood continues to maintain excellent community relations and acommitment to responsible environmental practices. The company has a strongmanagement team and an effective board dedicated to excellence in corporategovernance. We are committed to a dynamic exploration and developmentprogram.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaningof the Private Securities Litigation Reform Act of 1995. Statements in thisrelease that are forward-looking statements are based on currentexpectations and assumptions that are subject to known and unknown risks,uncertainties, or other factors which may cause actual results,performance, or achievements of the company to be materially different fromany future results, performance, or achievements expressed or implied bysuch forward-looking statements. Actual results could differ materiallybecause of factors such as the effect of general economic and marketconditions, entry into markets with vigorous competition, market acceptanceof new products and services, continued acceptance of existing products andservices, technological shifts, and delays in product development andrelated product release schedules, any of which may cause revenues andincome to fall short of anticipated levels. All information in this releaseis as of the date of this release. The company undertakes no duty to updateany forward-looking statement to conform the statement to actual results orchanges in the company's expectations.

Contact:Wildwood Management Inc.Elizabeth F. PerezPresident - CEO(940) 634-0609