SOURCE: Legends Business Group, Inc.

April 29, 2008 09:09 ET

Legends Business Group, Inc. Secures Revolving Line of Credit

CASSELBERRY, FL--(Marketwire - April 29, 2008) - Legends Business Group, Inc. (OTCBB: LGBS) announced today it has secured a revolving line of credit in the amount $500,000.00.

Unsatisfied with current lending terms, Larry Powalisz, CEO of Legends Business Group, Inc., is taking the unusual step of personally providing LGBS with a revolving line of credit in the amount of five hundred thousand dollars ($500,000.00). As needed, the funds are to be disbursed in $100,000.00 increments and are not to exceed a total of $500,000.00. These loans will be repayable 12 months from the date of issuance at the accrued interest rate of twelve percent (12%) annually. The monies will be used to enhance infrastructure and/or transition the company through an expected period of explosive growth.

Larry Powalisz, CEO of Legends Business Group, Inc., states, "I feel that my terms are better than those offered by any other financing methods currently available today. I am acting in the best interest of LGBS and our respective shareholders. These loans are available to accommodate prospective growth initiatives without dilution of shareholder value. I am committed to growing this company into something extraordinary."

About Legends Business Group, Inc.:

Legends Business Group, Inc. is an Over the Counter Bulletin Board stock which trades under the symbol LGBS. To obtain additional information about Legends Business Group, Inc., please visit the company's website, which may be found at: www.lbgi.net.

This press release contains statements that are "forward-looking," and involve a number of risks and uncertainties. Statements that are not historical facts are considered forward-looking statements, and are subject to Safe Harbor provisions as defined in the United States Private Securities Litigation Reform Act of 1995 Company results and performance may be materially different from future results, strategies, plans or goals expressed or implied by any forward-looking statements made herein. The Company disclaims any obligation to update or revise any forward-looking statements.

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