Jade Capital Corp. announces declaration of dividend



    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
    DISSEMINATION IN THE UNITED STATES/

    CALGARY, June 1 /CNW/ - Jade announces that it has declared a dividend of
$0.0488 per share.
    The dividend will be paid on June 1, 2007 to shareholders of record on
the close of business on May 9, 2007, other than shareholders whose shares are
held in escrow and subject to an escrow agreement dated September 26, 1997
among Jade, Montreal Trust Company of Canada and certain holders of common
shares of Jade. As those shareholders whose shares remain subject to the
escrow agreement are not entitled to receive dividends, dividends will be paid
only to the remaining holders of an aggregate of 3,260,000 common shares of
Jade. The current directors of Jade will not receive any benefit from the
dividend payment.

    The TSX Venture Exchange Inc. does not accept responsibility for the
    adequacy or accuracy of this release.




For further information:

For further information: Doug McKay, Director, Tel: (403) 207-1776

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JADE CAPITAL CORP.

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