JM Capital Corp.

JM Capital Corp. (the "Corporation") (TSX VENTURE: JMC.P), a capital pool company, announced that the Corporation's Board of Directors approved the granting of 213,333 stock options (the "Options") to the Corporation's directors and officers on August 8, 2008 to acquire up to an aggregate of 213,333 common shares of the Corporation. All Options are exercisable at $0.15 per share, being equal to the closing price of the Corporation's common shares on the TSX Venture Exchange on the date immediately preceding the grant. The Options expire on August 8, 2013.

All Options granted and any common shares issued upon their due exercise will be subject to a statutory four-month hold expiring December 9, 2008. The granting of the Options are subject to regulatory acceptance of applicable filings.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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