Reservoir Capital Corp.: Agreement Signed for Vranjska Banja Geothermal Wells

Reservoir Capital Corp. ("Reservoir" or the "Company") (TSX
VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) is pleased to report that its
wholly-owned subsidiary, Southern European Exploration D.o.o. ("SEE") has signed
a Business and Technical Cooperation Agreement (the "Agreement") with Jumko A.D.
("Jumko"), to evaluate the existing geothermal wells operated by Jumko, within
the Company's Vranjska Banja exploration permit located in Southern Serbia.


Jumko holds a two hectare exploitation permit with two geothermal wells (VG-2
and VG-3) that were drilled for district heating of an industrial complex. The
VG-2 well intercepted several hot water aquifers, the best of which measured 126
degrees centigrade between 864-890 metres depth. The VG-3 well intercepted a
zone containing three intervals with measured temperatures of 124 degrees
centigrade, between 1,500 and 1,575 metres depth. Under the terms of the
Agreement, the Company has an exclusive one-year period to complete detailed
technical and feasibility studies.


The Company's Vranjska Banja exploration permit covers 1,750 hectares in area
and completely surrounds the Jumko permit. Since receiving the exploration
permit in November 2009, the Company has used existing geophysical data
(magnetics and gravity) to define target areas and this March began detailed
magnetic surveys, mapping and water geochemistry studies. 


About Reservoir

Reservoir Capital Corp. is a Southeast Europe focused project generator,
investing primarily in renewable energy. The Company holds two hydroelectric
projects, Brodarevo 1 and 2, with 55MW of potential capacity undergoing
pre-feasibility studies and an application in process for a third at Vrutci with
32MW potential capacity, all in southwest Serbia. Reservoir currently holds four
geothermal licenses and a portfolio of precious and base metal exploration
projects. Reservoir's common shares trade on the TSX Venture Exchange under the
symbol "REO" and on the Frankfurt and Berlin exchanges under the symbol "ROC".