Reservoir Capital Corp. (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC)
("Reservoir" or the "Company") is pleased to report that it has received a
formal confirmation from the Ministry of Infrastructure and Energy of the
Republic of Serbia, that the Company's Brodarevo-1 and Brodarevo-2 hydroelectric
projects have been included into the Bilateral Agreement on Renewable Energy
with the Italian Government. Under the terms of this agreement all renewable
energy produced in the approved projects in Serbia and exported to Italy will
have a guaranteed production price of EUR155 per megawatt hour for the 15-year
term of the agreement.


Miljana Vidovic, President and CEO of Reservoir commented: "This is an important
step in confirming the viability of these projects and takes the Company another
step closer to completing their development."


About Reservoir 

Reservoir is a renewable energy company that is engaged in the development of a
58.4 MW hydroelectric project at Brodarevo in southwest Serbia. Reservoir holds
four geothermal exploration licenses in Serbia and has applied for three
hydroelectric concessions on the Cehotina River in Bosnia (17.75 MW).
Reservoir's common shares trade on the TSX Venture Exchange (symbol "REO") and
on the Frankfurt and Berlin Exchanges (symbol "ROC"). 


For further information on Reservoir Capital Corp., please consult the Company's
website www.reservoircapitalcorp.com.
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