Loring Ward International Ltd.

Loring Ward International Ltd.

November 03, 2005 11:13 ET

Loring Ward Appoints New Board Director

WINNIPEG, MANITOBA--(CCNMatthews - Nov. 3, 2005) - Loring Ward International Ltd. announced the appointment of David Rattee to its Board of Directors, effective November 1, 2005.

Mr. Rattee is Chairman, President and CEO of CIGL Holdings Ltd., as well as President and CEO of MICC Investments Ltd. Both are private investment holding companies. Mr. Rattee is an experienced public-company director with an extensive background in the financial services market.

In addition to CIGL Holdings Ltd. and MICC Investments Ltd., David Rattee also serves as a Director on the Boards of Bank of New York Trust Co. of Canada, Northstar Aerospace Inc., Open Access Ltd., Reliable Life Insurance Company, and Old Republic Inc. Co. of Canada.

Mr. Rattee is a graduate of the BCom Program and earned a Chartered Accountant designation from McGill University in Montreal, and received an MBA from the University of Western Ontario.

"Mr. Rattee will be a valuable addition to our board," said Donald J. Herrema, Chairman and Chief Executive Officer. "I am pleased to welcome him and look forward to his contribution."

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. These statements are not guarantees of future performance and may involve uncontrollable and unforeseen risks and uncertainties. Actual outcomes and results may differ materially because of many factors, including those discussed in this report and other public filings. 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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