Great Lakes Biogas Technologies Inc. Announces Stock Dividend

MARIETTA, GA, Jul 22 (MARKET WIRE) --
Great Lakes Biogas Technologies Inc. (PINKSHEETS: GLBS) (FRANKFURT: CS4)
-- formerly Chelsea Management Group Inc. -- through the years have
acquired interests in diverse corporations. Great Lakes Biogas
Technologies will be issuing a stock dividend to all shareholders of
record date August 4, 2008. GLBS shareholders of record will receive 1
(one) Wolsley Finch Inc. share (restricted) for every 13 Great Lakes
Biogas Technologies Inc. shares held. Wolsley Finch Inc. is one of the
world's leading art dealers and advisory companies, with offices in
London, New York and Toronto. Wolsley Finch Inc., is a company that we
believe demonstrates the most potential for future economic growth. The
dividends will have a pay date of August 25, 2008. Fractional shares will
be rounded up and shareholders will receive their share certificates via
mail.

About Wolsley Finch Inc.

Wolsley Finch Inc. is one of the world's leading art dealers and advisory
companies, with offices in London, New York and Toronto. For 6 years we
have been advising clients on buying and selling works of fine art at all
price levels -- starting from as little as $5,000 and up to millions.

The company intention is to develop shareholder value by acquiring,
promoting and re-selling original art works from renowned and up and
coming artists through out the world via innovative unique marketing
programs.

About Great Lakes Biogas Technologies Inc.

Formed in 2001, Great Lakes Biogas Technologies Inc. searches for the
winners of tomorrow -- entrepreneurs whose ideas and talents qualify them
to pursue large market opportunities successfully. We seek opportunities
across a broad spectrum, including biotechnology and pharmaceuticals,
medical devices, services and healthcare/life sciences information
technology. On a selective basis, we also consider later-stage health and
life sciences investments where we can uniquely apply Chelsea's industry
and capital markets experience. The company's recent reorganization and
business focus is to pursue the numerous opportunities that are presenting
themselves in the alternative energy exploration and technology fields
today and in the foreseeable future.

Forward-Looking Statements

This press release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Statements in this release that are forward-looking statements are based
on current expectations and assumptions that are subject to known and
unknown risks, uncertainties, or other factors which may cause actual
results, performance, or achievements of the company to be materially
different from any future results, performance, or achievements expressed
or implied by such forward-looking statements. Actual results could
differ materially because of factors such as the effect of general
economic and market conditions, entry into markets with vigorous
competition, market acceptance of new products and services, continued
acceptance of existing products and services, technological shifts, and
delays in product development and related product release schedules, any
of which may cause revenues and income to fall short of anticipated
levels. All information in this release is as of the date of this
release. The company undertakes no duty to update any forward-looking
statement to conform the statement to actual results or changes in the
company's expectations.

CONTACT:
Chelsea Management Group Inc.
Mr. Gary Kelley
Director
(303)657-2764

Copyright 2008, Market Wire, All rights reserved.

-0-