June 16, 2008

Capital Gold Group Responds to American Red Cross Appeal for Disaster Relief

LOS ANGELES, June 16 /PRNewswire/ -- Capital Gold Group, Inc. heard the American Red Cross appeal for disaster relief needed for the victims of flooding and tornadoes across seven states, and out of its commitment to continue giving back, is donating to the American Red Cross relief efforts stretching from Kansas to West Virginia.

Capital Gold Group President and CEO, Jonathan Rose, is urging other socially responsible corporations and individuals to help support the relief fund, as the Red Cross is in desperate need of assistance. "The Red Cross is going to spend tens of millions of dollars, and they need our help, no matter how small," said Mr. Rose.

Over the last two months, the Red Cross has responded to 27 disaster operations, and its Disaster Services Vice President, Joe Becker, said the help they are able to give depends on volunteers and the generosity of the American public.

In just the last few days, 41 shelters and 115,000 meals and snacks have been provided for people in immediate need. In order to respond quickly to continued flooding, the Red Cross must have money available.

In recent months, Capital Gold Group has focused their charitable giving on youth at risk through C5 Youth Foundation, Idol Gives Back, and the My Stuff Bags Foundation, and disaster relief for China earthquake victims.

Visit http://www.redcross.org/ to find out the latest information and learn how you can help.

Capital Gold Group, Inc. is a premier provider of physical gold assets for direct delivery and in Gold IRAs, as investor protection in an unstable global economic climate. Jonathan Rose is a recognized speaker and commentator for worldwide gold markets, including the United States, Hong Kong, Singapore, China, India, and Europe. Capital Gold Group, Inc. has main offices in Los Angeles and London.

   Links:   http://www.safeasgold.com/   http://www.iragold.com/   http://www.thecapitalgoldgroup.com/  

Capital Gold Group, Inc.

CONTACT: Brenda Whitman of Capital Gold Group, Inc., 1-800-597-1330,ext. 295

Web site: http://www.safeasgold.com/http://www.iragold.com/http://www.thecapitalgoldgroup.com/http://www.redcross.org/