Garb-Oil and Power Corporation Announces Agreement on Shares

SALT LAKE CITY--Garb-Oil and Power Corporation’s (OTCBB:GARB) founder and chief executive officer, Mr. John Brewer, advised the Company that he entered into an agreement with Mr. John Rossi of Resource Protection Systems GmbH Germany, whereby Mr. Rossi agreed to buy 23,046,611 shares of the Garb common stock from Mr. Brewer's personal holdings. The Agreement to purchase Mr. Brewer's shares expires on March 10, 2010.

For further information contact Mr. John Rossi at rossi@resource-protection.com, or Mr. John Brewer at info@garbmail.com.

About Garb-Oil & Power Corporation

Garb is a company dedicated to the production and sale of machinery for the disposal of waste rubber. Garb possesses a unique technology for processing OTR tires. Garb designs and constructs plants for processing waste rubber on a turnkey basis. Garb specializes in refining waste rubber from tires of all types and technical rubber products. The types and grades of crumb rubber produced from our plants are the most desirable and best recycled rubber for manufacturing rubber products.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this document that are not historical fact, are forward-looking statements based upon management's current expectations. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The results anticipated by any or all of these forward-looking statements may not occur. Garb-Oil & Power Corporation is not required to update its forward-looking statements.