United Bolero announces option grant

    VANCOUVER, BC, March 29 /CNW Telbec/ - United Bolero Development Corp.
(the "Company" or "United Bolero"), (TSX-V: UNB) announces it has granted
incentive stock options to certain directors and officers to purchase up to a
total of 1,000,000 common shares in the capital stock of the company,
exercisable for a period of five years, at a price of $0.50 cents per share.

    United Bolero is listed on the TSX-Venture Exchange under the symbol UNB,
as well as the Frankfurt Exchange under U7N. For more information, please
visit www.unitedbolero.com or call toll-free 888-945-4770.

    On behalf of the Board of Directors

    "R. Bruce Duncan"

    President & CEO

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

For further information:

For further information: Renmark Financial Communications Inc.: Barbara
Komorowski: bkomorowski@renmarkfinancial.com; Christina Lalli:
clalli@renmarkfinancial.com; Media - Adam Ross: aross@renmarkfinancial.com,
(514) 939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com

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