Loyalist Signs Definitive Agreement to Acquire Pan Pacific College

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Loyalist Group Limited ("Loyalist") (TSX VENTURE:LOY) is pleased to announce
that it has entered into a definitive agreement for the acquisition of Pan
Pacific College ("PPC"), an English-as-a-second-language school based in
Vancouver.


PPC had revenues of $2.7 million in the most recent 12-month period and has
average monthly enrolment of over 200 students. Loyalist will pay $950,000 for
PPC. Of the total, $300,000 is payable in cash. In addition, on closing Loyalist
will issue a promissory note to the vendor in the amount of $150,000, with the
remainder of the purchase price to be satisfied through the issuance of 1.25
million common shares. The acquisition is expected to close on or about January
31, 2013. 


"This acquisition, our ninth in the past two years, fits our consolidation model
very well," said Loyalist CEO Andrew Ryu. "We are paying approximately one third
of total revenue and expect to quickly bring PPC's profitability in line with
the rest of our schools. Given our operating leverage, most of the added profit
from this acquisition should flow to the corporate bottom line. We expect to
continue to demonstrate the benefits of our economies of scale in the New Year."


Completion of the transaction is subject to the approval of the TSX Venture
Exchange.


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.


About PPC

PPC is a privately owned, locally operated ESL (English as a Second Language)
institute that has been in operation since 1988. PPC provides ESL program,
Business English Program, University preparation program, and Translation and
Interpretation program. PPC is a member of Languages Canada.


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 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
Andrew Ryu
CEO
[phone] X225
[e-mail]


Loyalist Group Limited
Nadine Desruisseaux
Investor Relations
[phone]
[e-mail]