TVI PACIFIC ANNOUNCES MANAGEMENT CHANGE

TVI Pacific Inc. (TSX: "TVI" or the "Company") announced today that, in conjunction with cost control initiatives implemented by the Company, Carl Caumartin ceased to be engaged by TVI as its Vice President, Exploration, effective October 31, 2008.  Mr. Caumartin commenced employment with TVI in May 2006.

Cliff James, TVI's President and Chief Executive Officer, commented, "We are thankful for Carl's efforts on behalf of TVI during his tenure with the Company, particularly his work in advancing TVI's exploration initiatives, which include the Balabag gold project. We wish him the best in his future endeavours.  While the current market turmoil has led the Company to defer certain elements of its exploration program, we remain optimistic that our diverse portfolio in the Philippines will provide growth opportunities when financial conditions improve."