KCC CAPITAL CORPORATION RELEASES ANNUAL FINANCIAL STATEMENTS

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH UNITED STATES WIRE SERVICES./

TORONTO, Jan. 28 /CNW/ - KCC Capital Corporation (TSXV:KIC.H), a capital pool company, has released its audited annual financial statements ("Annual Financials") and management discussion and analysis ("MD&A") for the year ended September 30, 2010.

The full text versions of the Annual Financials and MD&A are posted on the SEDAR website at www.sedar.com.  KCC Capital Corporation is actively involved in the process of completing its previously announced Qualifying Transaction.

Investors are cautioned that trading in the securities of a capital pool company should be considered to be highly speculative. KCC Capital Corporation is a capital pool company governed by the policies of TSXV and NEX. Its principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

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

SOURCE KCC Capital Corporation

For further information:

Gary Quedado
Ph: (416) 861-3099
Email: gquedado@kingswaygroup.ca

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KCC Capital Corporation

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