Capital City Energy Group, Inc. Stock Symbol: CETG.OB <http://finance.yahoo.com/q?s=CETG.OB> On March 28, 2008, Capital City Petroleum, Inc. ("CCPET"), a wholly-owned subsidiary of Capital City Energy Group, Inc. (CETG) (the "Company"), entered into a participation agreement (the "Participation Agreement") with The Opportunity Fund, LLC ("Opportunity Fund"), a shareholder holding approximately 14% and whose members are officers and directors of the Company. Under the Participation Agreement, Opportunity Fund agreed to purchase, for $750,000, a participation interest in an undivided 75% of the working interest in several oil and gas leasehold estates owned by CCPET (the "Participation Interest"). CCPET agreed to guarantee distributions to Opportunity Fund totaling 12% on contributed capital for the first twelve (12) months of the Participation Agreement, and agreed that Opportunity Fund shall retain the right to sell back the Participation Interest to CCPET after twelve (12) months, or prior to the end of the fourteenth (14) month from the execution of the Participation Agreement, for 100% of Opportunity Funds contributed capital. CORPORATE HEADQUARTERS
Capital City Energy Group, Inc. SYMBOL: CETG <http://finance.yahoo.com/q?s=CETG.OB> 8351 North High Street Suite 101 Columbus, Ohio 43235 (614) 310-1614 Local (877) 310-1614 Toll free (614) 310-1610 Fax WWW.CAPCITYENERGY.COM <file:///C:\CE51CA55\WWW.CAPCITYENERGY.COM> (UNSUBSCRIBE INFORMATION) To unsubscribe (opt out) of mailing lists from Investor Relations, click the following URL: http://imailerexpress.ibeamsolutions.com/optout.aspx?c=125636&r=653232 <http://imailerexpress.ibeamsolutions.com/optout.aspx?c=125636&r=653232>