Berkeley Capital Corp. I Receives Final Approval for Qualifying Transaction

Berkeley Capital Corp. I ("Berkeley") (TSX VENTURE:BCP.P), a capital pool
company, is pleased to announce that it has received final approval from the TSX
Venture Exchange for its recently completed Qualifying Transaction with
iLOOKABOUT Holdings Inc. The completion of the Qualifying Transaction was
previously announced in a press release of Berkeley dated April 1, 2008.


As a result of the completion of the Qualifying Transaction and receipt of final
TSX Venture Exchange approval, Berkeley will no longer be considered a capital
pool company. Pursuant to the Qualifying Transaction, Berkeley and iLOOKABOUT
amalgamated to form iLOOKABOUT Corp. on April 1, 2008. The resulting issuer will
begin trading on the TSX Venture Exchange at the opening on Monday, April 7,
2008 under the symbol "ILA".


About iLOOKABOUT Corp.

iLOOKABOUT Corp. is a global mapping and visual data intelligence company
offering high resolution, panoramic street-level images embedded with latitude
and longitude coordinates. These images can be accessed quickly and easily by
customers in a searchable database of geo-coded street-level images. Target
customers include government (municipalities, cities, etc.), real estate boards,
insurance companies, tourism/retail companies, utilities, emergency services and
3rd party service providers who target these customers.