Universal Bioenergy Inc., (OTCMarkets:UBRG), a publicly traded independent diversified energy company, announced today that it is planning to conduct a live conference call with its shareholders to discuss its potential plans to up-list to NASDAQ and recent business developments. 

The company recently announced that its executives completed their trip to New York City and met with several Wall Street investment banking and advisory firms to assist with its potential plans to move to NASDAQ and related issues.

The conference call will focus on plans to up-list to NASDAQ, strategies to increase the Company's stock price to qualify for NASDAQ, improving the Company's capital structure, increasing its market value, a secondary public offering, raising additional capital and other benefits to shareholders. The scheduled date, time and related information for the conference call is being arranged and will be announced in a news release in the near future.

"We're very excited about providing our shareholders with an update on our progress and our plans for the future growth of the Company. When we say we are trying to increase shareholder value, we're not merely giving that lip service. We truly are making plans to increase the value of the Company, our stock price and maximize the wealth of our shareholders," says Universal's Senior Vice President Solomon Ali.

About Universal Bioenergy Inc.

Founded in 2004, Universal Bioenergy Inc. is a publicly traded independent diversified energy company that produces and markets natural gas, petroleum, coal and propane. We market energy resources to the largest public utilities, electric power producers and local gas distribution companies in the U.S., that serve millions of commercial, industrial and residential customers. We are also engaged in the acquisition and development of existing or recently discovered oil and gas fields, leases and surface coal mines. For more information visit www.universalbioenergy.com.

The Universal Bioenergy Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6784

For inquiries contact: Media Relations: Solomon Ali at 949-559-5017

Safe Harbor Statement - There are matters discussed in this media information that are forward looking statements within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. Such statements are only forecasts and actual events or results may differ materially from those discussed. For a discussion of important factors which could cause actual results to differ from the forward looking statements, refer to Universal Bioenergy Inc.'s most recent annual report and accounts and other SEC filings. The company undertakes no obligation to update publicly, or revise, forward looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.

CONTACT: Vince Guest
         Universal Bioenergy Inc
         Phone: (949)559-5017
         Fax: (951) 281-4653