CIBT Education Group Private Placements of 3,684,210 Shares

2007-11-23 18:57 ET – Private Placement The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement and the first tranche of a non-brokered private placement announced Nov. 13, 2007.

Shares: 1,578,947 (brokered) and 2,105,263 (non-brokered)

Price: $1.90

Warrants: 3,684,210 share purchase warrants to purchase 1,842,105 shares Exercise price:

$2.25 for a two-year period subject to an accelerated exercise provision where if the issuer’s shares trade at a price of $3.38 or higher for 120 consecutive trading days, then, at the issuer’s election, any unexercised warrants will automatically expire on the 30th day following the delivery of written notice

Brokered

Hidden placees: nine

Insider/pro group participation: none

CIBT Education Group Inc.

“Toby Chu”

Toby Chu
President & C.E.O.

Investor Relations Contact: Mr. James Neil * N. America Toll Free: 1-888-865-0901 Ext.322 * Email: info@cibt.net

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION.