Hybrid Energy Holdings Declares a 5% Common Stock Dividend

   Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) announced today that pursuant to a special meeting of the Board of Directors held on July 7, 2010, the company declared a stock dividend to all stockholders and set the record date for stock dividends to be 5pm EDT, July 30, 2010.

The Board of HYBE has voted to pay all shareholders on record a stock dividend of 0.05 shares for every share owned. 5 new Hybrid Energy shares will be issued for every 100 owned.

The Ex-Dividend Date will be set at July 28, 2010. For the purpose of clarity, the standard Ex-Dividend Date rules will apply. If a stockholder buys a dividend paying stock one day before the Ex-Dividend Date, you will still qualify for the Stock Dividend. However, if you buy on the published date of the Ex Dividend, in this case July 28, 2010, you won't be eligible for the Stock Dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared, you need to sell on (or after) the Ex-Dividend Day.

The date of payment for the stock dividends to all qualifying shareholders will be no later than one month after the Record Date. New share certificates will be mailed directly to all shareholders of record by the Company's Transfer Agent. In the interim, we advise all stockholders to contact their brokers to ensure their mailing information is updated and correct in order that stock certificates arrive at their proper destination.

The company values the loyalty of its stockholders and wishes to increase their ownership as the company grows.

About Hybrid Energy Holdings Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. The Company acquires sector-specific technology and assets as part of its Phase II Clean Energy Initiative. HEH's prior foundation building acquisitions focused primarily on traditional and proven fuel production has transitioned its growth strategy to adding the latest in energy conservation, reclamation, and power co-generation technologies. HEH may acquire nascent energy technology or rights as portfolio enhancing assets. HEH's primary business strategy is the acquisition of diverse, profitable energy related assets that provide synergistic profits and revenue enhancements across all portfolio companies.

HEH believes its combination of profitability and mitigated-risk funding structures provides long-term shareholder equity appreciation.

The company maintains its web site at: www.HybridEnergyHoldings.com

Safe-Harbor Statement

This release contains statements or projections regarding future performance that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's filings contain various RISK FACTORS (and are incorporated on the Company's website "Investors" section by reference) and should be read before any investment decision.

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