/EIN News/ November 24, 2008 8:30 AM US Eastern Daylight Timezone

USCorp Releases an Open Letter To Shareholders.

Dear Shareholders:

I am pleased to write you about our business success over the past two
months – during one of the most difficult economic periods since the Great
Depression. Many of you have told me of your concern as share prices for
all companies show declines of 50, 60 and even 70 percent from their highs.
I want to assure you that although our share price does not reflect it,
USCorp’s business has never been more exciting and our potential for
significant returns is strong.

Briefly, I’d like to highlight some of the accomplishments we have achieved
in the last three months and outline just a bit of our plan for telling the
world about this in the future. Although market conditions continue to
deteriorate, it remains our belief that when we are able to prove up enough
resources that report assays have always maintained are there – in both
Arizona and California – our share price will reflect that accordingly.
Furthermore, even though commodity prices continue to decline in this
environment, it has always been our belief that unless gold declines to less
than $600.00 an ounce, we are still one of the most significantly
undervalued junior resource companies.

Since September 1, we have achieved the following:

· Completed Phase I drilling at Twin Peaks

· Phase II drilling Completed at Twin Peaks

· Added claims to the Twin Peaks property. Added claims
to the Salton Picacho property.

· Reported preliminary results from Phase I drilling
that were very promising.

· Completed a new $2.16 million financing commitment –
and this was done in the midst of the credit crisis, providing us with the
funding needed to continue our efforts both in Arizona and at our Picacho
Salton property in California.

These accomplishments are in line with what we told investors we intended to
do this year. We continue to systematically carry out our strategy with our
eye on the goal. And, as a result, we are attracting interest from larger
potential partners.

It appears to be a very difficult environment for the stock market in the
foreseeable future. In fact, blue chip companies today are learning what it
has been like for those of us in the microcap and junior mining space.

I believe that all of our efforts will be rewarded in the future. Our stock
price certainly does not reflect the potential for the company. Although
many of you believe that we should hype our activities as so many resource
companies do, to drive up the price of the stock, I am a firm believer that
while getting the word out is good, it is even better to get the word out
when we have the most solid, strong story possible. And in this environment
it is more important than ever before to take that conservative route.
Throughout history, companies that have solid businesses and real assets do
find that their share prices will eventually reflect that value. It is my
belief that in 2009 this will occur for your company. I remain committed,
as I have been for many years, to the success of USCorp. I would like to
thank you for your continued commitment as well and look forward to what I
believe will be a significant 2009 for USCorp.

Sincerely,

Robert Dultz

USCorp Chairman CEO

About USCorp

USCorp is a public company that trades on the Over The Counter Bulletin
Board under the symbol USCS. USCorp has two mineral exploration projects in
the United States: The gold and silver Twin Peaks project located in
Yavapai County, Arizona, and the gold Picacho Salton project located in
Imperial County, California. USCorp’s NI 43-101 compliant Technical Reports
and Feasibility Studies are available on their web site at www.uscorpnv.com.

Forward-Looking Statements

Statements contained in this release that are not historical facts are
forward-looking statements that involve risks and uncertainties. Among the
important factors that could cause actual results to differ materially from
those in the forward-looking statements include, but are not limited to,
those discussed in Risk Factors in the company’s filings with the U.S.
Securities and Exchange Commission. The actual results that the company
achieves may differ materially from any material forward-looking statements
due to such risks and uncertainties. The company undertakes no obligation to
revise or update publicly any forward-looking statements for any reason.

Contacts

Martin E. Janis Company, Inc.
Beverly Jedynak, 312-943-1100 ext. 112
[email protected]

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