CPP

CapGain Properties Inc. (TSX VENTURE:CPP) ("CapGain") is pleased to announce
that its wholly-owned subsidiary, CapGain Holdings Inc., has entered into a
Commercial Purchase Agreement to purchase 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. Mr. Jacobsen's report
states that he is certified to perform appraisals by the State of Illinois and
that he prepared the report in compliance with the Uniform Standards of
Professional Appraisal Practice. 


CapGain Holdings Inc. has successfully negotiated a discounted agreed total
purchase price of $151,350 for the Property, 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 purchase price is $127,650 below
the Property's market value. All dollar amounts are in United States currency.
The closing of the purchase and sale of the property is subject to acceptance by
the TSX Venture Exchange.


About CapGain

CapGain is an investment company that purchases, re-structures when applicable,
and sells real estate 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
the Private Securities Litigation Reform Act of 1995. 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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