News Release

Schwabo Capital Corporation To Trade On TSX Venture Exchange

March 26, 2008

SCHWABO CAPITAL CORPORATION ("SBO.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: March 26, 2008
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated January 25, 2008 has been filed with and accepted by TSX Venture Exchange and the British Columbia Securities Commission, the Alberta Securities Commission and the Ontario Securities Commission effective January 25, 2008, pursuant to the provisions of the respective securities legislation. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.

The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $225,000 (1,500,000 common shares at $0.15 per share).

Commence Date: At the opening March 27, 2008, the Common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: Alberta

Capitalization: Unlimited common shares with no par value of which
2,833,333 common shares are issued and outstanding
Escrowed Shares: 1,333,333 common shares

Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: SBO.P
CUSIP Number: 808526 10 7
Agent: Canaccord Capital Corporation

Agent's Options: 150,000 non-transferable stock options. One option to purchase one share at $0.15 per share for 24 months following the date of the closing of the Offering.

For further information, please refer to the Company's Prospectus dated January 25, 2008.

Company Contact: Raymond Savoie, President & CEO
Company Address: 150 Jardin Drive, Unit #9
Concord, Ontario L4K 3P9

Company Phone Number: (905) 669-4400
Company Fax Number: (905) 669-8220