CIBT Expands to New Location

May 1, 2006

Capital Alliance Group Inc. (TSX.V: CPT) reports that its subsidiary, CIBT School of Business and Technology Corp (“CIBT”), has signed an alliance agreement with Huazhong Agricultural University (“HAU”), whereby HAU’s Foreign Languages Department will offer CIBT’s 2+2 program to its students.  Under the 2+2 program, students will study CIBT curriculums for two years in HAU before transferring their earned credit toward one of CIBT’s overseas university partners to study for two more years and obtain an overseas bachelors degree. HAU is the oldest university in China with over 130 years of operating history and is located in Wuhan, the capital city of Hubei Province.

“We are delighted to add Huazhong Agricultural University as one of our alliance partners,” said Toby Chu, President of CIBT. “Having a University with a history as illustrious as HAU is a strong endorsement for the progress that CIBT has made over the past eleven years in China.  This new opening now represents a total of 9 CIBT teaching locations with more planned. ”

About Huazhong Agricultural University

HUA currently has 20,500 full time students.  The HAU campus covers an area of 4.95 square kilometers (approx. 1500 acres) and employs a faculty of 954 teachers, with 131 full time professors and 285 associate professors. HAU is comprised of 13 colleges in the following fields of study: Life Sciences and Technology, Plant Sciences and Technology, Animal Sciences and Technology, Veterinary Medicine, Horticulture and Forestry Sciences, Resources and Environment, Fishery, Food Science, Economics and Trade, Land Management, Humanities and Social Sciences, Engineering Technology and Basic Sciences. There are 46 undergraduate specialties, 54 master specialties, 40 doctrine specialties, and 6 post-doctrine mobile stations.

About Hubei Province 

Wuhan is the capital of Hubei province, and is the most populous city in central China with approximately 8.3 million people.  It lies at the confluence of the Yangtze and Han River. Hubai province is located in the central part of China; it has a population of 60 million and the combined population of its neighboring provinces is over 300 million.  Hubei has a GDP of $US 80 billion with main industries in cotton, rice, wheat, tea, automotive, metallurgy, machinery, power generation, textiles, foodstuffs and high-tech commodities.

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 four 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. and CIBT School of Business & Technology Corp

Toby Chu
President & C.E.O.
Investor Relations Contact: Mr. James Neil * N. America Toll Free: 1-888-865-0901 Ext.322 * Email: info@cag-global.com

WARNING: This news release contains forward-looking information. The reader is cautioned that assumptions used in preparing such information, although considered accurate at the time of preparation, may prove incorrect. The actual results achieved may vary materially from the information provided herein. Consequently, there is no representation by the company that actual results achieved will be the same as those forecast.

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