Clermont Completes Initial Public Offering

CLERMONT CAPITAL INC.

736 Granville Street, Suite 100 Vancouver, BC V7Z 1G3 Telephone: 604-684-6730 Fax: 604-684-6740

NEWS RELEASE

CLERMONT COMPLETES INITIAL PUBLIC OFFERING

August 29, 2012 – Clermont Capital Inc. (the "Company"), a capital pool company, (TSX-V: XYZ.P) is pleased to announce that it has completed its initial public offering of common shares through its agent, PI Financial Corp. (the "Agent"). The Company issued 3,000,000 common shares at a price of $0.10 per share for gross proceeds of $300,000. In connection with the initial public offering, the Agent received a cash commission equal to 10% of the gross proceeds of the offering. The Company also granted Agent's options entitling the holder to purchase up to 300,000 common shares at a price of $0.10 per common share until August 29, 2014. In addition, the Agent was paid a corporate finance fee plus applicable HST in connection with the initial public offering.

The board of directors of the Company consists of Arlen Hansen, James Currie, Marc Prefontaine, and Sophia Shane. The officers of the Company are Arlen Hansen, James Currie, and Neil Currie.

The common shares of the Company were listed on the Exchange on August 29, 2012, and halted pending completion of the IPO. The Company expects its common shares to resume trading under the symbol XYZ.P on August 31, 2012.

FOR FURTHER INFORMATION PLEASE CONTACT:

Arlen Hansen, President, and CEO of Clermont Capital Inc.

Telephone: (604) 684-6730

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company’s listing of its common shares on the Exchange. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward- looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

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