Jbz Announces Annual and Special General Meeting

JBZ CAPITAL INC.

17 Victoria Road Nanaimo, BC V9R 4N9

JBZ ANNOUNCES ANNUAL AND SPECIAL GENERAL MEETING

July 28, 2010 TSX-V: JBZ.P

Vancouver, BC, July 28, 2010 – JBZ Capital Inc. (TSX-V: JBZ.P) (“JBZ” or “the Company”). The Company wishes to announce that it held its Annual and Special General Meeting on Monday, July 26, 2010 (the “AGM”). At the AGM, the shareholders of the Company approved the following:

1. Brent Lokash, Mike Jenks, Kirk Gamely and Jeff Giesbrecht were re-elected as directors of the Company for the ensuing year;

2. Davidson & Company, LLC were re-appointed as the auditors of the Company for the ensuing year; and

3. The Company’s “rolling” 10% stock option plan was adopted.

At the AGM, the shareholders, by special resolution, also approved a consolidation of the Company’s share capital on the basis of a one (1) new common share for three (3) current common shares. This share consolidation is subject to regulatory approval.

The Company is actively engaged in seeking exceptional business ventures to acquire for its qualifying transaction.

On behalf of the Board of Directors

JBZ CAPITAL INC.

“Brent Lokash”

Brent Lokash President

For further information please contact:

Brent Lokash, President Tel: (604) 862 5190

This press release contains certain forward-looking statements that reflect the current views and/or expectations of JBZ Capital Inc. with respect to performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly from those disclosed herein. Investors are cautioned not to rely on these forward-looking statements. JBZ Capital Inc. does not undertake to update these forward-looking statements.

Neither the 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.