CIBT Education Group Inc.

CIBT is one of the largest education and student housing companies in Canada. Listed on the TSX and OTCQX International, CIBT enrols over 12000 students annually and operates 45 business locations in Canada and abroad. CIBT subsidiaries are Sprott Shaw College (est. in 1903), Sprott Shaw Language College, Vancouver International College and CIBT School of Business. CIBT owns Global Education City Holdings Inc. (‘GEC’) which develops hotels, serviced apartments and education super centres. Total portfolio and development budget of GEC projects exceed C$1 billion and GEC properties service 1,500 tenants annually. CIBT also owns Global Education Alliance (‘GEA’) and Irix Design Group (‘Irix Design’). GEA recruits international students on behalf of many elite schools from kindergartens to universities in North America. Irix Design is a leading design company based in Vancouver. The company website is www.cibt.net.