SOURCE: City Capital Corp.

December 18, 2007 10:30 ET

City Capital Announces Symbol Change to CTCC

NEW YORK, NY--(Marketwire - December 18, 2007) - City Capital announced its symbol has changed from CCCN to CTCC. The change accompanies the recent revaluation of the stock at the beginning of December.

About City Capital

City Capital Corporation (PINKSHEETS: CTCC), founded in 1984, is engaged in leveraging investments, holdings and other assets to create self sufficiency for communities around the country and the world.

This release contains "forward-looking statements" based on current expectations but involving known and unknown risks and uncertainties, including those described in the Company's annual report on Form 10-K for the year ended December 31, 2006, that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. The Company's plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, its ability to consummate, and the timing of, acquisitions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company's control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate. The Company makes no undertaking to update such forward-looking statements.

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