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Capital BLF Inc. Announces the Cancellation of the Offer to Purchase a Student Residence

Capital BLF Inc. Announces the Cancellation of the Offer to Purchase a Student Residence

MONTREAL, QUEBEC -- (MARKET WIRE) -- 09/13/07 -- Capital BLF Inc. (TSX VENTURE: BLF.P) (the "Corporation"), a capital pool company listed on the TSX Venture Exchange (the "Exchange"), announced today that, following expiration of the due diligence period, the offer to purchase a five-storey student residence located at 475 Sainte-Croix Avenue, in the Borough of Saint-Laurent, City of Montreal, Province of Quebec has lapsed and is null and void.

The Corporation is pursuing its efforts to acquire a multi-residential property to complete a Qualifying Transaction as defined in the Exchange Policy 2.4 - Capital Pool Companies.

Trading in the common shares of the Corporation will remain halted until a Qualifying Transaction is announced.



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

Contacts:
Capital BLF Inc.
Mr. Claude Blanchet
President, Chief Executive Officer and Director
514-393-8858

Capital BLF Inc.
Mr. Pierre L. Martel
Secretary, Chief Financial Officer and Director
514-238-2199

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