Greenscape Closes Acquisition of Energy Retrofit Company, Green.Switch

Rapidly Growing Green.Switch now 100% Owned by Greenscape Capital

VANCOUVER, Canada, December 23 - Greenscape Capital Group Inc. ("Greenscape") TSX-V: - GRN is pleased to
announce that the definitive agreement has completed relating to its
acquisition of 100% of the issued and outstanding shares of Green.Switch
Capital Ltd. ("Green.Switch") by way of a share transaction based on earnings
before income tax, depreciation, and amortization (EBITDA). Closing is
complete, subject to regulatory approval.

Terms:

The terms of the acquisition are based on a share exchange between
Greenscape and Green.Switch whereby Green.Switch has the ability to earn up
to two million common shares and a Director of Green.Switch a further 200,000
stock option in Greenscape.

    - Immediately, Greenscape will issue 200,000 of the above referenced
    common shares and 20,000 of the above referenced options. The shares and
    options are subject to a four month and one day hold period. The options
    have been set at $0.50.

    - The balance of the 1.8 million shares and 180,000 options will be
    issued from treasury and granted to Green.Switch based on the following
    financial-quarter EBITDA:

1. For every $200,000 in EBITDA that is recorded in the financial
statements of Green.Switch, Greenscape will issue from treasury 150,000
common shares and 15,000 stock options.

2. Green.Switch has been granted 12 financial quarters to earn the
maximum of 1.8 million common shares and 180,000 stock options.

Bryan Slusarchuk, Greenscape CEO, states, "Greenscape could not be more
pleased with this closing and the terms associated with the deal.
Green.Switch is a first mover in a unique segment of the energy retrofit
business and we look forward to working with their top quality management
team as they ramp up large scale projects throughout North America."

Management of Green.Switch

Ryan Skomorowski, CEO, the founder, director and chief executive officer
of Green.Switch, will continue to direct the company, with significant
experience in finance, securities, property development, construction and
environmental initiatives. Among the major projects he has spearheaded
recently is the $250-million Burnaby Mountain Sports & Medical Centre, which
is expected to go forward during 2010.

Paul B. Clough, Director, has significant expertise on environmental and
carbon offset issues. He has spoken to international audiences regarding
these matters and has been involved in multiple alternative energy projects.
He was instrumental in founding Kinetic Power Corp., which is playing a role
in the development of new clean technology for energy-producing,
low-temperature geothermal plants.

Nick Skomorowski, Senior Advisor has had a diverse, megaproject
management career during which he has supervised more than $1 billion in
construction projects. Notable projects that he has been involved with during
the past 40 years include the building of the King Shaka Durban International
Airport in South Africa and Terminal One at Toronto's Pearson International
Airport.

ABOUT GREEN.SWITCH

A Vancouver based company created to provide commercial upgrade solutions
for businesses seeking to green their operations by reducing energy costs.
Green.Switch is a full service company, commencing with the assessment of
client issues and infrastructure and evolving into consulting, project
design, capitalizing improvements, attaining government incentive grants
where applicable, contracting, installation and monitoring. The company
retains professional expertise in property assessment, energy sources, carbon
offsets and "green" branding both in-house and outside consultants and
contractors. Green.Switch's mission statement is to promote and successfully
demonstrate turnkey energy saving solutions for businesses that are financed
through the energy savings created. To learn more, please visit us at
www.greenswitchcapital.com.

ABOUT GREENSCAPE CAPITAL

Greenscape Capital Group increases environmental sustainability, social
responsibility, and profitability of companies and their operations.
Greenscape Capital operates Green.Switch, a full service energy retrofitting
company. Green.Switch provides tangible solutions for businesses to green
their operations and reduce energy costs. When marked opportunities arise,
Greenscape also invests in other companies in the green space, providing
strategic capital and business advisory services to assist these companies in
achieving their environmental and corporate goals. To learn more, please
visit us at www.greenscapecapital.com.

ON BEHALF OF THE BOARD

"Bryan Slusarchuk"

CEO and Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news release.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which
reflect the expectations of management regarding Green.Switch's future
revenues and contracts. Forward-looking statements consist of statements that
are not purely historical, including any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such statements are subject
to risks and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the statements. No
assurance can be given that any of the events anticipated by the
forward-looking statements will occur or, if they do occur, what benefits the
Company will obtain from them.

For further information: Greenscape Capital Group Inc., Suite 501 - 525
Seymour Street, Vancouver, British Columbia, Canada, V6B 3H7,
info@greenscapecapital.com, Tel. +1-604-687-7130; Investor Relations Contact:
KIN communications, ir@kincommunications.com, Toll Free: 1-866-684-6730

For further information: Greenscape Capital Group Inc., Suite 501 - 525
Seymour Street, Vancouver, British Columbia, Canada, V6B 3H7,
info at greenscapecapital.com, Tel. +1-604-687-7130; Investor Relations Contact:
KIN communications, ir at kincommunications.com, Toll Free: 1-866-684-6730