Greenbelt Resources Corporation and Master Recycling Center Increase Planned Production Capacity to 5 Million Gallons Yearly in Pomona; Additional Plants in The Works

January 11, 2008

Greenbelt Resources Corporation (Pink Sheets:GRCO), a leading innovator in the development of effective and economical alternative energy technologies, announced today that Master Recycling Center, Inc., has increased its earlier order of 2 million gallons, to 5 million gallons of ethanol per year. Diversified Ethanol Corporation, a subsidiary of Greenbelt Resources Corporation will begin construction of the new facility in Pomona, California with completion planned for late spring/early summer of 2008. This development is exciting for both companies, said Robert Johnson, chairman and CEO of Greenbelt Resources. Our 100% owned subsidiary, Diversified Ethanol Corporation, is focused on producing valuable renewable energy from substances that presently are considered waste-in this case converting energy produced by breweries and soft drink manufacturers among others.

Currently, industries pay firms such as Master Recycling to dispose of expired consumer beverages such as soft drinks. Using the proprietary technology of Diversified Ethanol, Master Recycling can now convert the waste material into valuable energy. This new technology is clearly a breakthrough in recycling and in creating renewable energy at less expense, Johnson remarked. With the new proprietary technology that we have developed specifically for this purpose, our company will incorporate ethanol production plants into existing recycling plants throughout the U.S.

Diversified Ethanol designs and sells modular ethanol plants that employ the award winning Butterfield Closed Cycle System which utilizes several proprietary technologies.

Bill Nazaroff, MRCs General Manager added, Were excited about our strategic relationship with Diversified Ethanol Corporation, as it allows us to use new sources for alternative energy. The ability to produce energy, while improving the environment by eliminating waste, will clearly benefit MRC, the City of Pomona, and California. Once the Pomona plant is up & running, we will strongly consider expanding production capacity using Diversified Ethanols technology in other areas of the U.S.

Master Recycling provides a portfolio of recycling services with primary focus on full-goods (beverage) destruction, recycling of commodities and the processing, conversion and/or disposal of liquid waste products.

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