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FORM 10-KSB/A-1

SECURITIES AND EXCHANGE COMMISSIONWashington, D. C. 20549

[X]
     ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIESEXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED OCTOBER 31, 2007OR[  ]
     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934


Commission file number000-52726THE IBERIAN GROUP INC.(Exact name of registrant as specified in its charter)

Delaware
     None(State or other jurisdiction of incorporation or
     (IRS Employer Identification No.)organization)


10-1917 West 4thAvenueVancouver, British ColumbiaCanada V6J 1M7(Address of principal executive offices, including zip code.)

(604) 947-6946(Registrant's telephone number, including area code)

The Company is a Shell company:YES [X]    NO [  ]

Securities registered pursuant to Section 12(b) of the Act:None

Securities registered pursuant to Section 12(g) of the Act:Common Stock, $0.001 par value

Check whether the Issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.YES [X]    NO [  ]

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PART IV.

ITEM 13.     EXHIBITS

The following is a complete list of exhibits filed as part of this amended annual report:

|        |                                                       | Incorporated by reference |        
|------- | ----------------------------------------------------- | ------------------------- | -------
|Exhibit |                                                       |                           |        
|Number  | Document Description                                  | Form                      | Date   
|3.1     | Articles of Incorporation.                            | 10-SB                     | 7/12/07
|3.2     | Bylaws.                                               | 10-SB                     | 7/12/07
|4.1     | Specimen Stock Certificate.                           | 10-SB                     | 7/12/07
|14.1    | Code of Ethics.                                       | 10-SB                     | 7/12/07
|31.1    | Certification of Principal Executive Officer and      |                           |        
|        | Principal Financial Officer pursuant to 15d-15(e),    |                           |        
|        | promulgated under the Securities and Exchange Act of  |                           |        
|        | 1934, as amended.                                     |                           |        
|32.1    | Certification pursuant to 18 U.S.C. Section 1350, as  |                           |        
|        | adopted pursuant to Section 906 of the Sarbanes-Oxley |                           |        
|        | Act of 2002 (Chief Executive Office and Chief         |                           |        
|        | Financial Officer).                                   |                           |        
|99.1    | Audit Committee Charter.                              | 10-SB                     | 7/12/07
|99.2    | Disclosure Committee Charter.                         | 10-SB                     | 7/12/07





















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SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereto duly authorized on this 21stday of February, 2008.

THE IBERIAN GROUP INC.BY:THOMAS P. HAYWARDThomas P. HaywardPresident, Principal Executive Officer, PrincipalFinancial Officer, Principal Accounting Officer,Secretary, Treasurer, and sole Director.

































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EXHIBIT INDEX

The following is a complete list of exhibits filed as part of this amended annual report:

Incorporated by referenceExhibit
     
     
     
     
     FiledNumber
     Document Description
     Form
     Date
     Number
     herewith3.1
     Articles of Incorporation.
     10-SB
     7/12/07
     3.13.2
     Bylaws.
     10-SB
     7/12/07
     3.24.1
     Specimen Stock Certificate.
     10-SB
     7/12/07
     4.114.1
     Code of Ethics.
     10-SB
     7/12/07
     14.131.1
     Certification of Principal Executive Officer and
     
     
     
     XPrincipal Financial Officer pursuant to 15d-15(e),promulgated under the Securities and Exchange Act of1934, as amended.32.1
     Certification pursuant to 18 U.S.C. Section 1350, as
     
     
     
     Xadopted pursuant to Section 906 of the Sarbanes-OxleyAct of 2002 (Chief Executive Office and ChiefFinancial Officer).99.1
     Audit Committee Charter.
     10-SB
     7/12/07
     99.199.2
     Disclosure Committee Charter.
     10-SB
     7/12/07
     99.2


























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