Loring Ward International Ltd.

Loring Ward International Ltd.

September 14, 2005 16:22 ET

Donald J. Herrema Elected Chairman of the Board of Loring Ward

WINNIPEG, MANITOBA--(CCNMatthews - Sept. 14, 2005) - Loring Ward International Ltd. today announced the election of Donald J. Herrema as Chairman of its Board of Directors, effective immediately.

Mr. Herrema joined Loring Ward as President and Chief Executive Officer in February 2005 following a successful track record as CEO of such major wealth management companies as Bessemer Trust and Atlantic Trust. Prior to those roles, he was President of Wells Fargo Securities, Inc.

Mr. Herrema is based in New York and continues to be President and Chief Executive Officer of the Company.

"I am pleased to serve as Board Chairman and look forward to continuing to work closely with fellow board members as well as the highly talented team of professionals at Loring Ward. The combined caliber and experience of our board members and employees is vital to the success of our organization and its continued growth," stated Donald J. Herrema, President and Chief Executive Officer.

About Loring Ward

Loring Ward International Ltd. provides wealth, career and life management services to some of America's most enterprising and successful individuals and families, primarily through its Family Office and Advisor Services businesses. It is an unlisted Canadian public company with principal operating subsidiaries in California and New York. The company's U.S. corporate offices are headquartered in New York. For more information, please visit www.loringward.com.

This document contains forward-looking statements relating to the Company's objectives and strategies, as well as statements of our beliefs, plans, expectations and intentions. Consequently, readers should not place any undue reliance on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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