IRVINE, Calif., July 6, 2012 (GLOBE NEWSWIRE) -- Universal Bioenergy
Inc., (OTCMarkets:UBRG), a publicly traded independent diversified
energy company, announced today that it is making final plans to
conduct a live conference call with its shareholders and stakeholders
to discuss its recent business developments, plans to up-list to NASDAQ
and strategic plans for its future growth and expansion.

On January 26, 2012, the Company announced it was planning a conference
call, however due to the activities to complete their SEC filings,
closing the Whitesburg Friday Branch Mine acquisition, closing the gas
storage contract, approval of the stock dividend and other major
transactions, the call was postponed.

The call will be scheduled in the next one to two weeks, and all of the
necessary arrangements are being to accommodate the shareholders. A
final announcement will be made to the public in the next few days
after all of the details are complete, that will provide the required
information to access conference call line.

"We're very excited about the upcoming conference call. We'll be
discussing some very important topics that will be of benefit to our
shareholders. We have been very active in preparing to position the
Company to qualify for the current listing requirements for NASDAQ. The
Company has hired an additional securities law firm, to work with our
current securities counsel, that specializes in assisting companies to
prepare and complete the process to up-list to NASDAQ. We have also
engaged the services of some other key consultants to assist us with
some other major planned acquisitions. The scheduled date, time and
related information to join in on the conference call will be announced
in a news release next week", says Universal's Senior Vice President
Solomon Ali.

About Universal Bioenergy Inc.

Founded in 2004, Universal Bioenergy Inc., is a publicly traded
independent diversified energy company that produces and markets
natural gas, petroleum, coal and propane. We market energy resources to
the largest public utilities, electric power producers and local gas
distribution companies in the U.S., that serve millions of commercial,
industrial and residential customers. We are also engaged in the
acquisition and development of existing or recently discovered oil and
gas fields, leases and surface coal mines. For more information visit
www.universalbioenergy.com

The Universal Bioenergy Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6784

Safe Harbor Statement - There are matters discussed in this media
information that are forward looking statements within the meaning of
Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the
Securities Exchange Act of 1934, and are subject to the safe harbor
created by those rules. Such statements are only forecasts and actual
events or results may differ materially from those discussed. For a
discussion of important factors which could cause actual results to
differ from the forward looking statements, refer to Universal
Bioenergy Inc.'s most recent annual report and accounts and other SEC
filings. The company undertakes no obligation to update publicly, or
revise, forward looking statements, whether as a result of new
information, future events or otherwise, except to the extent legally
required.


CONTACT: Media Relations:
         Solomon Ali at 704-837-5705