TSXgroup

July 2, 2008

KAREL CAPITAL CORPORATION ("KRL.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: July 2, 2008
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated June 11, 2008 has been filed with and accepted by TSX Venture Exchange and the British Columbia, Alberta and Ontario Securities Commissions effective June 12, 2008, pursuant to the provisions of the British Columbia, Alberta and Ontario 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 $800,000 (8,000,000 common shares at $0.10 per share).

Commence Date: At the opening July 3, 2008, the Common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: Alberta

Capitalization: Unlimited common shares with no par value of which 12,800,000 common shares are issued and outstanding.
Escrowed Shares: 4,800,000 common shares

Transfer Agent: Olympia Trust Company
Trading Symbol: KRL.P
CUSIP Number: 48563T 10 4
Sponsoring Member: PI Financial Corp.

Agent's Options: 800,000 non-transferable stock options. One option to purchase one share at $0.10 per share up to 24 months from the date of listing.

For further information, please refer to the Company's Prospectus dated June 11, 2008.

Company Contact: Cameron Schuler
Company Address: 10215 - 178th Street, Edmonton, Alberta T5S 1M3

Company Phone Number: (780) 238-6740
Company Fax Number: (780) 444-0064
Company Email Address: info@karelcapitalcorp.com