SOURCE: City Capital Corp.

February 23, 2007 19:16 ET

"Tom Joyner Morning Show" Honors City Capital CEO Ephren Taylor as a "Living Black History Trailblazer"

LOS ANGELES, CA -- (MARKET WIRE) -- February 23, 2007 -- City Capital Corporation (OTCBB: CCCN) CEO Ephren W. Taylor II was honored on "The Tom Joyner Morning Show" as an example of a Living Black History Trailblazer. The national radio host has an audience of more than 8 million listeners each week in more than 115 markets. Joyner spotlighted Taylor, America's youngest African American CEO of any public company, during the Morning Show, and featured a more detailed interview with Taylor on his website,

http://www.tomjoyner.com/site.aspx/family/blackhistorymonth/ephrentaylor222

Taylor said, "I'm genuinely honored and humbled by this recognition. Mr. Joyner has been an inspiration for me for several years. To be considered a Trailblazer, especially during Black History Month, makes all the effort to create a profitable, socially-conscious business model, all worthwhile. We are proving a company can do both." Taylor's concepts on empowering local communities with socially-conscious investing and development earned him the distinguished 2002 Kansas Young Entrepreneur of the Year Award.

Taylor recently signed a $50,000,000 equity line for his City Capital Corporation, with The Lucian Group of Rochester, NY.

"Our $50 Million line with Lucian is allowing us to greatly accelerate what we have already been doing for several years: leveraging investments, holdings and other assets to build value for investors and shareholders, while creating positive change in communities nationwide."

Joyner's audience was intrigued by Taylor, and how he became the youngest African American CEO of any public company in history. He told the interviewer, BlackAmericaWeb.com's Sherrel Wheeler Stewart, that he developed a computer program in high school, for a client with an Internet sales company. "As a kid, I didn't have much inspiration. There weren't a lot of African-Americans into making internet games. It was all about rappers and athletes." The client paid Taylor $3,000. "At the time, I thought I was getting the good end. But the guy turned around and made $800,000 using the program I had developed for him. I knew then I had to start my own company." The experience led Taylor to build the fourth largest teen-owned company in America.

More companies followed, and today Taylor serves as CEO of two multi-million dollar public corporations, City Capital Corporation (OTCBB: CCCN) and AmoroCorp (PINKSHEETS: AORO). Both companies create economically-sound, socially-conscious investments that give back to local communities, and create affordable homes for working class families nationwide.

Taylor's complete interview can be viewed at http://www.blackamericaweb.com/site.aspx/family/blackhistorymonth/ephrentaylor222

City Capital Corporation (OTCBB: CCCN) is engaged in leveraging investments, holdings and other assets to create self-sufficiency for communities around the country and the world. City Capital currently manages diverse assets and holdings including real estate developments, such as the extensive Kansas City (Missouri) Historic Jazz District redevelopment; buying, selling & drilling of oil & gas properties, and more.

Tom Joyner, host of the nationally syndicated "Tom Joyner Morning Show" (www.tomjoyner.com), reaches more than 8 million listeners each week in over 115 markets. His BlackAmericaWeb.com, launched in June 2001, has a growing web presence, with more than 750,000 members and more than 30,000 unique visitors per month. The site is a broad-based effort to become a timely and credible source for news and information covering all aspects of daily life, featuring a wide array of viewpoints and perspectives.

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-KSB for the year ended December 31, 2005, 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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