(NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES)


Green Swan Capital Corp. ("Green Swan" or the "Corporation") (TSX VENTURE:GSW.P)
a capital pool company ("CPC") is pleased to announce that it plans to complete
a non-brokered private placement offering up to 2,000,000 common shares in the
capital of the Corporation, at a price of $0.05 per common share (the
"Transaction").


About Green Swan

Green Swan was incorporated under the Canada Business Corporations Act on April
28, 2008 and its fiscal year end is May 21. Green Swan is a capital pool
company, as defined in listings policy 2.4 of the Exchange and as such it has
not commenced commercial operations and has no significant assets other than
cash with which to identify and evaluate potential acquisitions or businesses
with a view to completing a Qualifying Transaction. As a result, Green Swan's
current business is to identify and evaluate businesses and assets with a view
to completing a Qualifying Transaction.


Green Swan shares have traded on the Exchange (under the symbol "GSW.P") since
October 7, 2008. Further information about Green Swan can be found in its
prospectus dated effective September 2, 2008 and other filings by Green Swan
with the Canadian securities regulators, which filings are available at
www.sedar.com.


Exchange Approval

Completion of the Transaction is subject to a number of conditions, including
but not limited to: receipt of all applicable consents to and approvals of the
Transaction including Exchange acceptance, and if applicable pursuant to
Exchange Requirements, majority of the minority shareholder approval. Where
applicable, the Transaction cannot close until the required shareholder approval
is obtained. There can be no assurance that the Transaction will be completed as
proposed or at all.


For Investors

Trading in the securities of a capital pool company should be considered highly
speculative.


Certain information in this press release may contain forward-looking statements
that are subject to risks and uncertainties that are difficult to predict.
Actual results might differ materially from results suggested in any
forward-looking statements. The statements contained in this press release and
all subsequent written and oral statements containing forward-looking
information are based on the estimates and opinions of management on the dates
they are made and expressly qualified in their entirety by this notice.


The Corporation assumes no obligation to update the forward-looking statements,
or to update the reasons why actual results could differ from those reflected in
the forward looking-statements unless and until required by securities laws
applicable to the Corporation. Readers are cautioned not to place undue reliance
on any statements of forward-looking information that speak only as of the date
of this release. Additional information identifying risks and uncertainties is
contained in the Corporation's filings with the Canadian securities regulators,
which filings are available at www.sedar.com.


This is not an offer for sale, or solicitation of an offer to buy, in the United
States or to any U.S. Person (as defined in Regulation S under the U.S.
Securities Act of 1933, as amended) of any equity shares or any other securities
of Green Swan.


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