CIBT Establishes Teachers Training Center in An Yang City, Henan Province

November 29, 2005

Capital Alliance Group Inc. (TSX-V: CPT) reports that its subsidiary, CIBT School of Business & Technology Corp. (“CIBT”), announces the establishment of the International Education Exchange Center (“IEEC”) in collaboration with the An Yang Education Information and Technology Center, a department of the An Yang Education Bureau, in An Yang City, Henan Province, China .

The IEEC will be the starting ground for CIBT’s Train-The-Teachers initiative and will commence operations by providing English training programs to new and existing English teachers from all schools in Henan province. In addition, the IEEC will provide ancillary student services such as information dissemination pertaining to programs and entrance requirements of overseas universities and to programs and entrance requirements of overseas-based education programs offered by local colleges.  The IEEC will serve to introduce students to all type of programs offered by CIBT at the Beijing, Zhengzhou and Weifang campuses.  The establishment of the IEEC reinforces CIBT’s expansion strategy in providing teachers’ training programs and the promotion of CIBT’s courses to students residing in Tier 2 and Tier 3 cities. The IEEC will become a CIBT campus offering CIBT courses in the future. This will become the ninth teaching location for CIBT in China including owned and affiliated locations.

“We are excited to expand our curriculum offering to the mass market of the English training sector by initially winning the hearts and minds of the Chinese teachers and subsequently expanding to the enormous market of China’s English training sector,” commented Toby Chu, President and CEO of Capital Alliance Group Inc and CIBT.  “We believe this expansion initiative will complement our overall strategy to create a feeder system to our academic, technology and technical programs while creating tremendous growth and capturing market share.”

About An Yang City
An Yang city has a population of 4.5 million people inclusive of its affiliated counties.  It is the fourth largest city in Henan Province, which has over 7,000 years of history and a population of approximately 92.5 million people.  Henan province is located at the center of China, north east of Shanghai.  The city’s core industries are tourism and manufacturing.

About CIBT 
CIBT School of Business is a leading business, technology and technical school in China for over a decade.  CIBT operates three campuses in Beijing, two campuses in Weifang, and three learning centers in other cities in China. CIBT has academic partnerships with Beijing University of Technology and Weifang University, and delivers postsecondary business, technology and technical trade skill programs to students and corporations in China.  By cooperating with leading education providers in North America including Western International University, a subsidiary of Apollo Group Inc, ITT Technical Institute, Wyotech Technical Institute, a subsidiary of Corinthian Colleges Inc, and other universities from Europe and Asia, CIBT delivers advanced curricula to meet the progressive needs of China’s growing student population.

Capital Alliance Group Inc.

“TOBY CHU”
Toby Chu

President & C.E.O.
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