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Greyfield Planning For Second Autorama Dealership: July 2005 Target Opening
KAMLOOPS, British Columbia, May 20, 2005 (BUSINESS WIRE) --
Greyfield Capital (Pink Sheets:GRYF), in its continuing quest to expand its revenue and profit model, have initiated research and plans to open a second dealership in Canada with an anticipated timeline of July 2005.

The company has identified its next location. This ongoing commitment to expand is prompted by our extreme optimism about the outlook of Autorama and its capacity to ramp up its operation to seize opportunities.

Accordingly, the company is presently generating all vital documentation to ensure all dealer requirements for any new jurisdictions are prepared. Additionally, research for the best possible location for the dealership has been undertaken.

Greyfield Capital is quoted on NQB Pink sheets as "GRYF."

About Greyfield Capital

Canadian Autorama ( http://www.theAutorama.com ), is a highly profitable, fast growing premium automobile dealership in Canada. Canadian Autorama has been in operation for the last 3 years and has experienced explosive growth and is quickly becoming the largest automobile dealership in Western Canada.

CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.

SOURCE: Greyfield Capital

Greyfield Capital Inc.
Dennis Hewins, 419-593-4123

[e-mail]


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