GBO Grants Stock Options

    STE-MARIE DE BEAUCE, QC, July 15 /CNW Telbec/ - Management of GBO Inc.
("GBO" or "the Company"; ticker symbol GBO/ TSX Venture) announces that,
following the Annual Meeting of Shareholders held on July 9, 2008, the Board
of Directors granted its members a total of 20,000 stock options, as part of
directors' annual compensation. The options were granted at the exercise price
of $0.20 per unit, which corresponds to the price of GBO shares at the close
of markets on July 8, 2008. All options will expire on July 8, 2018.

For further information:

For further information: Dennis Wood, Interim President and Chief
Executive Officer, (418) 387-7723; Source: GBO Inc.

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