Long Harbour Reports Private Placement

Long Harbour Capital Corporation (TSX VENTURE:LHC) reports that it has
negotiated, subject to TSX Venture Exchange approval, a private placement to
raise gross proceeds of $100,000 by the issuance of 2,000,000 units at a price
of $0.05 each. Each unit will consist of one common share of the company and one
share purchase warrant which will entitle the holder to purchase, for a period
of two years, one common share at a price of $0.10. Proceeds from the private
placement will be used for general working capital.


ON BEHALF OF THE BOARD

Howard Louie, President & CEO