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Press release from TheNewswire.ca

Loyalist Group Limited Announces New Chief Financial Officer

Friday, December 30, 2011

Loyalist Group Limited Announces New Chief Financial Officer09:23 EST Friday, December 30, 2011(via Thenewswire.ca) Toronto, Ontario - December 30th 2011 - Loyalist Group Limited ("Loyalist" or the "Corporation") (TSX Venture Exchange: LOY), today announces that Nancy Lee has returned as the Chief Financial Officer for the Corporation. Mr. Gary Traer resigned as Chief Financial Officer to pursue other opportunities. The Corporation would like to thank Mr. Traer for his service and wishes him success in his future endeavors. Ms. Lee is a chartered accountant and sole practitioner. Since 1998, Ms. Lee has been the president of Nancy B. Lee, Professional Corporation, a private professional chartered accounting corporation that provides accounting services, tax planning and financial advice to small and medium sized clients. Since 1998, Ms. Lee has been an external auditor for OSAP Compliance Audit, which reports to the Ministry of Training, Colleges and Universities. "We are pleased that Nancy has decided to return as Chief Financial Officer." Mr. Ryu, the Chief Executive Officer of the Corporation stated. "Nancy has extensive knowledge of the Corporation's business and this will be a tremendous asset as the Corporation continues to grow through organic growth and acquisitions." About Loyalist Group Limited Loyalist Group Limited was re-listed on the TSX Venture Exchange on January 4th 2011, after completing the purchase of a 96% position in the operations of McKinsey Education Group. Run by experienced professionals in the private education sector, McKinsey provides educational services with an emphasis on teaching: (a) English as a Second Language, and (b) professional development courses. To receive corporate news updates send your email to lauren@chfir.com and mention 'Loyalist News' on the subject line. For further information, please contact: To receive news updates send your email to lauren@chfir.com and mention 'Loyalist News' on the subject line. ------------------------------------------------------------------ |Andrew Ryu |Cathy Hume |Lauren Clarke | | |Loyalist Group |CHF Investor Relations|CHF Investor | | |Limited |CEO |Relations | | |CEO |T: (416) 868-1079 x231|IR Associate | | |T: (416) 977-9800 |E: cathy@chfir.com   |T: (416) 868-1079| | |E: | |x241 | | |aryu@mckinseygroup.ca| |E: | | | | |lauren@chfir.com | | ------------------------------------------------------------------ Neither the 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. Forward-Looking Statements Copyright (c) 2011 Thenewswire.ca - All rights reserved.