KOKOMO ENTERPRISES INC.
(formerly Zab Resources Inc.)
NEWS RELEASE
Symbols: KKO - CNSX
KKOEF - OTC Bulletin Board
KOKOMO ENTERPRISES INC.
(formerly Zab Resources Inc.)
Suite 1000, 1177 West Hastings St.
Vancouver, BC V6E 2K3
Tel: 604 681-1519 Fax: 604 681-9428
www.kokomoenterprises.ca email:
Vancouver, BC, March 2, 2010.

Kokomo Enterprises Inc.

(the "Company" or "Kokomo") is pleased to
announce that it has entered into a binding letter of intent ("LOI") with an arm"s length party to acquire a
75% right, title and interest in the surface rights of the Zaniza Iron Ore Property which covers an area of
approximately 153 square kilometers and is located in the Municipality of Sola De Vega in the State of
Oaxaca in Mexico.
The parties to the LOI have agreed to enter into a Definitive Agreement which will be subject to the
approvals of the CNSX, the Board of Directors of Kokomo, and if required by the CNSX, the approval of
the shareholders of the Company.
The consideration payable by the Company to the arm"s length party shall be a cash payment of US
$100,000 upon the execution of the Definitive Agreement, and the issuance of a Convertible Debenture
for the amount of US $900,000, which will have a maturity of 4 years, shall bear simple interest at an
annual rate of 5%, and may be converted into Kokomo shares at the price of US $0.10 per Kokomo share
in year one, at the price of US $0.25 per Kokomo share in year two, at the price of US $0.50 per Kokomo
share in year three and, at the price of US $1.00 per Kokomo share in year four.
For more information on the Company, please contact us at (604) 681-1519.

In addition, please visit the
Company"s website at www.kokomoenterprises.ca or the CNSX"s website at the following direct link
http://www.cnq.ca/Page.asp?PageID=2013&AA_RecordID=222.
On Behalf of the Board,
Kokomo Enterprises Inc.
(formerly Zab Resources Inc.)
"Bedo H.

Kalpakian"
Bedo H.

Kalpakian
President
NR_Kokomo Enterprises Inc March 2 2010 (LOI_Mexico)
The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this news
release.
Statements made in this news release that relate to future plans, events or performances are forward-looking
statements.

Any statement in this release containing words such as "believes," "plans," "expects" or "intends" and
other statements that are not historical facts are forward-looking, and these statements involve risks and
uncertainties and are based on current expectations.

Consequently, actual results could differ materially from the
expectations expressed in these forward-looking statements.