Holcot Capital Corp. - News Release

    RICHMOND, BC, April 30 /CNW/ - Further to the Company's press release of
December 5, 2006, the Company announces that the Letter of Intent dated
November 22, 2006 with Creso Resources Inc. has been terminated. The Company
will not be proceeding with the acquisition of all of the issued and
outstanding securities of Creso.

For further information:

For further information: Bipinchandra A. Ghelani, the Company's
President and Chief Operating Officer at (604) 644-8275

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