E.G. Capital Inc. Announces Results for the First Quarter Ended May 31, 2008

E.G. Capital Inc. (NEX BOARD:EGC.H), ("E.G. Capital"), formally National
Construction Inc., today announces results for the first quarter ended May 31,
2008.


Comparison of the three months ended May 31, 2008 and May 31, 2007

Revenue was $nil for the three month period ended May 31, 2008 as compared to
$nil for the same period last year. Administrative Expenses were $23,682 for the
three months ended May 31, 2008 as compared to $33,240 for the same period last
year. For the three months ended May 31, 2008, the $23,682 included
approximately $14,000 in professional and advisory expenses and approximately
$9,000 in regulatory related filing expenses, consulting, and sundry
administrative costs. For the three months ended May 31, 2007 the $33,240
included approximately $30,000 in professional and advisory expenses and
approximately $3,000 in regulatory related filing expenses, consulting and
sundry administrative costs. The reduction is due to reduced expenses incurred
in pursuing potential opportunities to enhance shareholder value.


The Corporation incurred interest and bank charges of $872 for the three months
ended May 31, 2008 as compared to interest expense of $361 for the same period
last year. The increase was due to increased bank charges.


As a result of the foregoing factors, the loss before income taxes for the three
months ended May 31, 2008 was $24,554 as compared to a loss before special items
of $33,601 for the same period last year. The Corporation incurred special items
expense of $nil for the three month period ended May 31, 2008 as compared to
$nil for the same period last year. As a result of the foregoing factors, the
loss for the three months ended May 31, 2008 was $24,554 as compared to a loss
of $33,601 for the same period last year.


About E.G. Capital Inc.

The Corporation is an inactive company listed on the NEX board of the TSX
Venture Exchange Inc ("the Exchange). The business of the Corporation is to
identify and evaluate businesses or assets with a view to completing a
reactivation transaction on the Exchange.


Following the sale of certain assets in February, 2005, the Corporation did not
engage in any active business other than to preserve and/or convert into cash
any assets remaining with the Corporation and to pursue future shareholder
enhancing opportunities. The Corporation intends to review and pursue
opportunities to unlock the value of its unrecorded future income tax assets.


This press release may contain forward-looking statements relating to the
Corporation. Among the important factors that could cause actual results to
differ materially from those indicated by such forward looking statements are
competitive pressures, technical difficulties, market acceptance, changes in
customer requirements, and general economic conditions, and other risks and
uncertainties as described from time to time in Corporation's reports,
registration statements and filings filed by the Corporation with securities
regulatory authorities.