KWF

Knightswood Financial Corp. (TSX VENTURE: KWF), a merchant banking company, today announces it has accepted Cam Hui's resignation from his positions as a non-executive director and a member of the audit committee of the Company effective February 28, 2010. Mr. Hui has taken a position at a company with directors in common and is therefore no longer able to remain an independent director for Knightswood Financial.

Mr. Hui served on the Board since April, 2009 and the Board of Directors thanked Mr. Hui for his valued contribution to the Company.

ON BEHALF OF THE BOARD OF DIRECTORS KNIGHTSWOOD FINANCIAL CORP.

Maurice Levesque, President and Director

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: Knightswood Financial Corp. Maurice Levesque President and Director (604) 601-5802 mlevesque@knightswoodfinancial.com