LGBS Legends Business Group Inc (CE)

Legends Business Group, Inc. (OTCBB: LGBS) announced today it will begin repaying loans made through its private revolving line of credit.

In April of this year Larry Powalisz, President and CEO of Legends Business Group, Inc., took the unusual step of personally providing LGBS with a revolving line of credit in the amount of five hundred thousand dollars ($500,000.00) (of which only three hundred and fifty thousand dollars ($350,000) were borrowed). The monies were made available to enhance infrastructure and transition the company through an expected period of explosive growth.

With terms more favorable than what any lenders offered at that time, the funds to be disbursed were repayable twelve (12) months from the date of issuance at the accrued interest rate of twelve percent (12%) annually.

"A total of three loans were granted for one hundred thousand dollars ($100,000), fifty thousand dollars ($50,000) and two hundred thousand dollars ($200,000) respectively. The ability to repay two hundred thousand dollars ($200,000) of these loans back in such a short time is attributed to the strong performance across our entire business model, driving record client sales throughout the first three quarters of the year. Despite the current uncertain national economic environment, our business remains very solid and our position continues to grow," said Larry Powalisz, President and CEO of Legends Business Group, Inc.

About Legends Business Group, Inc.:

Legends Business Group, Inc. is an Over the Counter Bulletin Board stock which trades under the symbol LGBS. To obtain additional information about Legends Business Group, Inc., please visit the Company's website, which may be found at: www.lbgi.net

This press release contains statements that are "forward-looking," and involve a number of risks and uncertainties. Statements that are not historical facts are considered forward-looking statements, and are subject to Safe Harbor provisions as defined in the United States Private Securities Litigation Reform Act of 1995. Company results and performance may be materially different from future results, strategies, plans or goals expressed or implied by any forward-looking statements made herein. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact: Legends Business Group, Inc. Larry Powalisz 407-263-4029 inquiries@lbgi.net