Knightswood Financial Corp.: New Board Member Appointed

  Knightswood Financial Corp. (TSX VENTURE: KWF), a merchant banking company, today announces the election of Mark Walker to its board of directors and audit committee. Mr. Walker brings to the Board a broad range of business experience, knowledge and experience from his various positions in the Canadian financial services industry.

Maurice Levesque, President, stated, "We are pleased to have someone with Mark's experience joining our Board and look forward to his contribution to the growth of the company."

Most recently, Mr. Walker was an investment advisor with a national investment firm where he provided investment recommendations to clients and employed active management techniques to the management of fixed income and equity securities. Mr. Walker obtained his Bachelor of Science (Geology) degree from the University of Alberta in 1984, subsequently completed various Canadian Securities Institute courses and has also obtained his Canadian Investment Manager (CIM) designation.

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

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Knightswood Financial Corp. Maurice Levesque President and Director [phone] [e-mail]