SOURCE: Global Links Corp.

May 04, 2006 09:00 ET

Global Links Corp. Announces Taking Subsidiary Public and Issuance of Stock Dividend

LAS VEGAS, NV -- (MARKET WIRE) -- May 4, 2006 -- Global Links Corp. (OTC: GLLC) announced today that the board of directors have approved its wholly owned subsidiary, Capitol Group Holdings Corp. to become a public company. Capitol Group Holdings Corp. will become a Pink Sheet publicly traded company.

"We anticipate the completion of this process to be completed on or before July 31, 2006," stated Frank Dobrucki, CEO of Global Links Corp.

In addition, shareholders of Global Links Corp. stock will receive a common stock dividend. All Global Links Corp. shareholders of record as of May 31, 2006, will receive one share of Capitol Group Holdings Corp. common stock for every seven shares of Global Links Corp. common stock that they own. The shares will be issued on or before September 30, 2006. "We are excited to issue this dividend to our loyal shareholders and show our appreciation," stated Dobrucki.

About Global Links Corp.

Global Links Corp. is a diversified company now having operations in Nevada and Arizona where it holds approximately 900 residential lots in Kingman, Ariz., where it plans to build energy-efficient, affordable senior housing, and is developing affordable housing for the international community. In addition, the company is a developer of high-end office space and offers real estate information services. The company website offers additional information: www.globallinkscorp.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The company is not required to update its forward-looking statements.

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