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Thursday, 07/14/2005 11:56:27 AM

Thursday, July 14, 2005 11:56:27 AM

Post# of 4973875
GRYF news

Greyfield Launches Operations in Merritt; Expanding Dealership Network

Greyfield Capital, Inc (Pink Sheets:GRYF) today launched its operations in Merritt, BC. The new automobile dealership shall be open to customers as of Monday, July 18th.

Greyfield is aggressively expanding its network of dealerships throughout Canada. Each additional dealership will increase revenue and profits and increase the company's customer base.

The company shall either open or partner with existing dealerships in population centers with a minimum of 50,000 people. This will give the company a substantial strategic advantage. By locating its dealerships in small to medium population centers, the company would be following the same successful business model of Wal-Mart. Wal-Mart opens stores in cities with a minimum of 10,000 people.

New management of Greyfield is committed to having an open relationship with all of its shareholders.

About Greyfield Capital

Canadian Autorama is the Canadian subsidiary of Greyfield Capital and 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 central 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.

Greyfield Capital, Inc.
O' Bell, 415-738-6950
info@theautorama.com


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