Late filing of annual financial statements



    Listing: TSX Venture Exchange, symbol "LDR"
    Issued & Outstanding Common Shares: 14,547,297

    TORONTO, July 29 /CNW/ - LEADER CAPITAL CORP. announces that it will be
filing its annual financial statements for year-ended March 31, 2008 late due
to the fact that it is awaiting the finalized version of the oil and gas
reserves report for its subsidiary, Leader Energy Corp.
    The Company anticipates that it will be filing the statements within 7
days.
    The Company is submitting a voluntary Management Cease Trade Order for
the period of the delay.

    LEADER CAPITAL CORP.
    (Signed)
    Magaly Bianchini, President

    THE TSX VENTURE EXCHANGE OR ANY SECURITIES REGULATORY AUTHORITY HAS NOT
    REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY
    OF THIS PRESS RELEASE THAT HAS BEEN PREPARED BY MANAGEMENT.





For further information:

For further information: Magaly Bianchini at: Tel. (416) 304-1913

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LEADER CAPITAL CORP.

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