Capital Alliance Group Inc.

Capital Alliance Group Inc.

September 24, 2007 09:00 ET

CAG Cleared US Form 20-F Filing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2007) - Capital Alliance Group Inc. (TSX VENTURE:CPT) ("CAG") is pleased to announce that it has completed its Form 20-F registration filing with the United States Securities and Exchange Commission, and has received no further comments.

"We are excited to have completed the registration process after 8 months of continuous efforts," commented Toby Chu President & CEO of Capital Alliance Group and CIBT. "Following our Form 20-F clearance, and upon completing our S&P registration, our securities can be readily traded anywhere in North America where we have been 'blue-skied'. We wish to take this opportunity to realize our vision in expanding our shareholder base in the United States and feel that this will add great value to the company and to our shareholders."

About Capital Alliance Group Inc.:

Capital Alliance Group, headquartered in Vancouver, British Columbia, Canada is an education management company with diversified investments and operations internationally. Founded in 1986, the company currently has offices in Mainland China and Canada. Capital Alliance Group has brought together a team of professionals with extensive practical experience in building world-class organizations in both the old and new economy. With a long track record of success in the international business arena, Capital Alliance Group's team has both the depth and breadth of management expertise to assist its subsidiary companies in all phases of their growth.

Capital Alliance Group Inc.

Toby Chu, President & C.E.O.

WARNING: This news release contains forward-looking information. The reader is cautioned that assumptions used in preparing such information, although considered accurate at the time of preparation, may prove incorrect. The actual results achieved may vary materially from the information provided herein. Consequently, there is no representation by the company that actual results achieved will be the same as those forecast.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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