SelectCore Grants Options

TORONTO, ONTARIO, Nov 09 (MARKET WIRE) --
SelectCore Ltd. (TSX VENTURE: SCG), announces that in recognition of the
company's performance The Board of Directors of SelectCore, Ltd. has
approved the issuance of 4,900,000 options to the senior management, all
full time employees and the members of the Board of Directors The options
are exercisable at $0.10 which represents a 53% premium over the current
trading price and will expire in 3 years. Martin Bernholtz the Chairman
of the Board stated "The CEO, President and CFO as well as other key
employees options that were previously granted have all since expired."
He further stated "The company has seen growth and improved profitability
and the Board felt it appropriate to compensate management and employees
for their efforts."

Under SelectCore's stock option plan there is a total of 9,507,471
options available. After the issuance of the options granted today the
company will only have 4,607,471 subject to outstanding option grants.

About SelectCore:

SelectCore is a leading provider of Prepaid Telecom and Prepaid Financial
Services for the credit-challenged and un-banked consumer markets. We
offer products and services directly to consumers through our nation-wide
retail channel. We also provide wholesale solutions to corporate clients
including some of the country's largest telecom companies and
distributors. Profit 100 ranked SelectCore one of Canada's
fastest-growing companies in 2006 and again in 2007. SelectCore is listed
on the TSX Venture Exchange under the symbol SCG.

This news release contains projections and other forward-looking
statements regarding future events. Such statements are predictions,
which may involve known and unknown risks, uncertainties and other
factors, which could cause the actual events or results and objections to
differ materially from those expressed.

For further information visit www.selectcore.com.

The TSX Venture Exchange has neither approved nor disapproved the
contents of this news release. Neither 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 release.

Contacts:
SelectCore Ltd.
Peter Burdon
CFO
866-825-1267
905-669-5363 (FAX)
investor@selectcore.com
www.selectcore.com

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