PPC

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Loyalist Group Limited ("Loyalist" or the "Corporation") (TSX VENTURE:LOY) today
announced that it has completed the previously announced acquisition of Pan
Pacific College ("PPC"), an English-as-a-second-language school based in
Vancouver.


The purchase price was $950,000. Of the total, $300,000 was paid in cash at the
closing of the transaction, less outstanding liabilities, 1.25 million common
shares of Loyalist, and the balance of the purchase price was satisfied by the
issuance of a promissory note to the vendor in the amount of $150,000, subject
to adjustment.


PPC had revenues of $2.7 million in the most recent 12-month period and has
average monthly enrolment of over 200 students.


"This acquisition takes our annualized run-rate of revenue to over $20 million
and should have an even bigger effect on our profitability," said Loyalist CEO
Andrew Ryu. "We expect that as our business grows, the size of our acquisitions
will increase."


About Loyalist

Loyalist owns and operates private education schools in Toronto, Vancouver, and
Victoria offering (i) English as a Second Language Courses for international
students; (ii) Training programs for teachers, commonly known as TESL; (iii)
Professional Development Courses; and (iv) Corporate English for Professionals.


About PPC

PPC is a privately owned, locally operated ESL (English as a Second Language)
institute that has been in operation since 1988. PPC provides ESL program,
Business English Program, University preparation program, and Translation and
Interpretation program. PPC is a member of Languages Canada.


Forward-Looking Statements 

This news release includes certain forward-looking statements within the meaning
of Canadian securities laws. Such forward-looking information and statements are
not representative of historical facts or information or current condition, but
instead represent only the Corporation's beliefs regarding future events, plans
or objectives, many of which, by their nature, are inherently uncertain and
outside of the Corporation's control. Generally, such forward-looking
information or statements can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words and phrases or
may contain statements that certain actions, events or results "may", "could",
"would", "might" or "will be taken, "will continue", "will occur" or "will be
achieved". The forward-looking information contained herein includes, but is not
limited to, information with respect to prospective financial performance,
anticipated capital funding and sources, proposed or potential acquisitions,
estimated operating and sales costs, estimated market drivers and demand,
business prospects and strategy, new markets for growth and financial position.
By identifying such information and statements in this manner, the Corporation
is alerting the reader that such information and statements are subject to known
and unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of the Corporation to be
materially different from those expressed or implied by such information and
statements. 


Any number of important factors could cause actual results to differ materially
from these forward-looking statements as well as future results, including but
not limited to: risks related to any of the Corporation's announced acquisitions
failing to close or becoming delayed before closing; the Corporation's reliance
on its South Korean contract; carrying on business and activities in
international jurisdiction where Canadian laws do not apply; any loss of certain
key personnel; levels of student enrolment; delays in rolling out the online
education programs; competition in the educational services market; and currency
fluctuations. Although the Corporation has attempted to identify important
factors that could cause actual results to differ materially from those
contained in the forward-looking information and statements, there may be other
factors that cause results not to be as anticipated, estimated or intended.
Although the Corporation believes that the assumptions and factors used in
preparing, and the expectations contained in, the forward-looking information
and statements are reasonable, undue reliance should not be placed on such
information and statements, and no assurance or guarantee can be given that such
forward-looking information and statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such
information and statements. Accordingly, readers should not place undue reliance
on any forward-looking information or statements contained in this press
release. The forward-looking information contained in this press release is made
as of the date hereof, and the Corporation does not undertake to update any
forward-looking information that is contained or referenced herein, whether as a
result of new information, future events or otherwise, except in accordance with
applicable securities laws. All subsequent written and oral forward looking
information and statements attributable to the Corporation or persons acting on
its behalf is expressly qualified in its entirety by this notice.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Loyalist Group Limited
Andrew Ryu
CEO
(416) 977-9800 X225
aryu@loyalistgroup.com


Loyalist Group Limited
Nadine Desruisseaux
Investor Relations
(647) 202-5292
ndesruisseaux@loyalistgroup.com

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