Greyfield Responds with Full Disclosure and Reports Inventory Numbers

KAMLOOPS, British Columbia--July 28, 2005--Greyfield Capital, Inc (Pink Sheets:GRYF) has responded with full disclosure documentation. The document is available on www.theautorama.com/greyfield disclosure.pdf

The document consists of 45 pages and will take a few minutes to download. This documentation includes the agreement for the acquisition of the Autorama and information on current management of the company.

Under "Autorama Stats" information is made available for the retail value of the inventory, along with revenue and profit numbers since 2003 for its Canadian subsidiary. In addition, the numbers used to calculate the percentage increase in sales and profit for the press release issued on Friday, June 22nd, 2005 have also been made available.

Investors may call (250) 320-8891 for current company information.

New management of Greyfield is committed to having an open relationship with all of its shareholders.

Greyfield Capital is quoted on NQB Pink sheets as "GRYF."

About Greyfield Capital

Canadian Autorama is a profitable, fast growing automobile dealership in Canada. Canadian Autorama has been in operation for the last 3 years and has experienced strong growth.

CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.