Knightswood Financial Corp.: Repricing of Stock Option Approved by Shareholders

Knightswood Financial Corp. (TSX VENTURE:KWF) announced today that it had
obtained disinterested shareholders' approval for stock option repricing at
yesterday's annual general meeting of shareholders of the Company. Subject to
the approval of the TSX Venture Exchange, outstanding options for the purchase
of an aggregate of 493,864 common shares of the Company, having exercise prices
between $0.11 and $0.20 per share and expiry dates in 2012 and 2013, will be
repriced to an exercise price of $0.10 per share. None of the repriced stock
options may be exercised at the amended stock option price pending TSX Venture
Exchange's acceptance of the stock option repricing.


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