News Release

Carlaw Capital III Corp. To Trade On TSX Venture Exchange

July 11, 2008

CARLAW CAPITAL III CORP. ("CW.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: July 11, 2008
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated May 29, 2008 has been filed with and accepted by TSX Venture Exchange, the Alberta Securities Commission, the British Columbia Securities Commission, and the Ontario Securities Commission effective May 29, 2008, pursuant to the provisions of the respective Securities Acts. 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 $200,000 (1,000,000 common shares at $0.20 per share).

Commence Date: At the opening Monday, July 14 2008, the Common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: Ontario

Capitalization: Unlimited common shares with no par value of which 4,500,000 common shares are issued and outstanding.
Escrowed Shares: 3,500,000 common shares

Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: CW.P
CUSIP Number: 14219P 10 2
Sponsoring Member: Integral Wealth Securities Limited

Agent's Options: 100,000 non-transferable stock options. One option to purchase one share at $0.20 per share up to 24 months.

For further information, please refer to the Company's Prospectus dated May 29, 2008.

Company Contact: Amar Bhalla
Company Address: 245 Carlaw Avenue Suite 500, Toronto, ON M4M 2S1
Company Phone Number: (416) 922-9096
Company Fax Number: (416) 644-9361
Company Email Address: abhalla@hbinvest.com