Knightswood Financial Corp.: Chief Financial Officer Appointed

Knightswood Financial Corp. (TSX VENTURE:KWF), a merchant banking company,
announced today that Ms. Amelia Yeo has been appointed Chief Financial Officer.
Prior to her appointment, Ms. Yeo was the controller of the Company and has been
with the Company for approximately nine years. Ms. Yeo is a Certified General
Accountant and has extensive accounting knowledge and operational and financial
management experience.


Maurice Levesque, President, said, "We are very pleased that Ms. Yeo accepted
the position as Chief Financial Officer as she brings valuable knowledge and
experience with the financial activities of the Company."


The Company also announced today that Ms. Lynda Metcalfe has resigned as Chief
Financial Officer for personal reasons. The board of directors thanked Ms.
Metcalfe for her past services to the Company and wished her well in her pursuit
to focus on her young family.


About Knightswood Financial Corp.

Knightswood Financial Corp. is a merchant bank company providing private
entities with solutions which allow them to issue debentures which are eligible
for registered plans. Knightswood Financial Corp. offers a wide range of
services to assist its private entity clients to achieve their debenture
financing objectives.


ON BEHALF OF THE BOARD OF DIRECTORS

KNIGHTSWOOD FINANCIAL CORP.

Maurice Levesque, President and Director