CPP

CapGain Properties Inc. (TSX VENTURE:CPP) ("CapGain") is pleased to announce
that the TSXV has accepted the filing of and CapGain has now closed upon the
purchase of the property commonly known as 464-468 West Judd Street, Woodstock,
Illinois (the "Property"). The Property was appraised by Norman Jacobsen of
Midland Appraisal Services. His report states that as of March 8, 2012 the
Property was worth $279,000. CapGain's wholly-owned subsidiary, CapGain Holdings
Inc., had entered into a Commercial Purchase Agreement to purchase the Property
for a total purchase price of $151,350, of which $18,500 is payable in cash,
$22,850 is payable by the issuance of 76,166 Common Shares of CapGain at an
issue price of $0.30 per share, and $110,000 is payable by the assumption of a
mortgage secured against the Property. The terms of that Commercial Purchase
Agreement have now been effectuated accordingly.


About CapGain

CapGain is an investment company that purchases, re-structures when applicable,
and sells real property in the United States, with a forward moving focus on
income producing real estate. CapGain's contacts within the real estate and
finance industries allow the purchase of properties significantly below market
value. 


Additional information on the operations or financial results of CapGain is
included in reports on file with applicable securities regulatory authorities
and may be accessed through the TMX website (www.tmx.com) and the SEDAR website
(www.sedar.com) under the profile for CapGain.


Forward-Looking Statements 

This press release may contain forward-looking statements within the meaning of
applicable legislation. All statements included in this report and the documents
that we incorporate by reference, are forward-looking statements and can
generally be identified by words such as "will," "allow," "outlook," or the
negative of these terms, and other comparable terminology. 


Various risks and other factors could cause actual results, and actual events
that occur, to differ materially from those contemplated by the forward looking
statements, such as whether CapGain is able to meet price, performance, quality
and delivery requirements. Although CapGain believes that the expectations
represented by any forward-looking statements and forward-looking information
contained herein are reasonable based on the information available to them on
the date of this document, management cannot assure investors that actual
results, performance or achievements will be consistent with these
forward-looking statements or forward-looking information. CapGain undertakes no
obligation to update the information in this press release to reflect events or
circumstances after the date hereof or to reflect the occurrence of anticipated
or unanticipated events.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CapGain Properties Inc.
Brian Knight
Chief Executive Officer
(847) 854-4213
bknight@capgain.ca

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