LOY Kgic

Loyalist Group Limited ("Loyalist") (TSX VENTURE:LOY) announces that it has been
informed by Andrew Ryu, President and CEO, that he has decided not to accept the
option to purchase 1,000,000 shares granted to him by the Board on October 23,
2O13. As a result, the aggregate number of options granted has been reduced to
2,885,000.


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.


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

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 or proposed
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
David McAdam
VP Corporate Development
(604)961-3513
dmcadam@loyalistgroup.com

Grafico Azioni Loyalist Group Limited (TSXV:LOY)
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