LEGENDS RETAINS AUDITOR; PREPARING TO REGAIN ITS SEC FULLY REPORTING STATUS

Jul 24, 2012

OTC Disclosure & News Service

Miami, FL - Legends Business Group, Inc. Retains Patrick Rodgers, CPA, PA to Become SEC Fully Reporting

Legends Business Group (LGBS: PK) is pleased to announce that it has retained Patrick Rodgers, CPA, PA based in Florida, as its’ auditor.

“Legends is proud to have taken its first step to become a fully reporting Bulletin Board Company by retaining Patrick Rodgers, CPA, PA to perform the upcoming audit required to meet any reporting needs with the Securities and Exchange Commission ("SEC"),” Said Rudy Sablon, LGBS’s President and CEO.

Legends is one step closer to its goal in being reinstated as registered with the SEC pursuant to 12(g) of the Exchange Act moving the company up to their required filings, as a fully reporting bulletin board company. This step will provide a regulated quotation service that displays real-time quotes, last-sale prices, volume information for over-the-counter securities. "A move to fully reporting SEC filers status will increase Legends exposure to the investment community at a critical time when we launch our own products and prepare to move in our new direction," said Rudy Sablon, LGBS’s President and CEO.

Patrick Rodgers, CPA, PA has assisted various public companies with their goal of going full reporting, bringing a vast knowledge base of accounting and audit expertise.  He has also audited Legends Business Group, Inc. in the past and is familiar with their accounting and is planning to meet Legends’ deadline of being fully reporting by the end of the fourth quarter 2012.

One of Legends new undertakings is overall transparency to its shareholders; this can be demonstrated on our website under current projects – Letter of Engagement. Visit: http://legendspower.com/current_projects.php

About Legends Business Group

Legends Business Group, Inc., was incorporated in March 2006, and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace. For more information please visit: http://www.legendspower.com

Safe Harbor Statement

This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for the fiscal year and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events. Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace, cost-containment strategies, and the Company's success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company's filings. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.

Contact:

Investor / Public Relations:
Rodolfo Sablon
Phone: 305-767-7993
Email: info@legendspower.com

Corporate:
Rodolfo Sablon
Phone: 305-767-7993
Email: info@legendspower.com

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.