The Futura Loyalty Group Inc.

The Futura Loyalty Group Inc.

April 21, 2009 15:58 ET

The Futura Loyalty Group Completes $750,000 Loan Transaction

TORONTO, ONTARIO--(Marketwire - April 21, 2009) - The Futura Loyalty Group Inc. (TSX VENTURE:FUT) (the "Company") today announced that it has completed a loan transaction in the amount of $750,000 with an arms length lender. The loan matures on December 31, 2010 and bears interest at a rate of 15% per annum. The Company can repay the loan in full at anytime without penalty and is not obligated to make any principal or interest payments prior to the maturity date. The proceeds of the loan will be used for general working capital purposes.

The Company further announced that it has amended certain terms of its existing promissory notes issued on December 10, 2007 and March 31, 2008 (the "Notes") with a total principal amount of $1,350,000 which were previously announced on December 12, 2007 and April 9, 2008, respectively. The maturity dates of the Notes have been extended from June 10, 2009 until June 30, 2011 (the "New Maturity Date"). In consideration of the postponement to the New Maturity Date, the Corporation has agreed to issue an aggregate of 5,400,000 bonus shares to the note holders. After the issuance of the bonus shares, the total outstanding number of common shares in the capital of the Company will be 117,646,554.

Finally, the Company announced that it is continuing its efforts to raise capital by way of a private placement on the terms that were previously announced in a press release dated February 17, 2009. All other terms of the private placement are as described in that release.

About The Futura Loyalty Group Inc.

The Futura Loyalty Group offers mid size retail chains and service companies access to three different national coalition loyalty programs: Futura Rewards, Aeroplan® and StudentSaver, enabling businesses to cost-effectively target consumers in various life stages and socio-economic groups.

Futura also develops co-branded and customized programs, allowing organizations to develop cost-efficient custom loyalty solutions by applying their branding to Futura's advanced suite of loyalty applications; its proprietary Offer Management System, the newly developed web-based reward issuance application, an array of point of sale systems issuance integrations, its advanced merchant transactional reporting interface (Futura Intelli-Terminal) and its website content management module.

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Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend" and similar expressions to the extent they relate to the Company or its management. The forward looking statements are not historical facts, but reflect the Company's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including any risks and uncertainties described herein, as well as the risks and uncertainties detailed in our final long form prospectus dated November 29, 2005 filed with the regulatory authorities.

TM Trademark of The Futura Loyalty Group Inc.

® Aeroplan is a registered trademark of Aeroplan Canada Inc.

The TSX-Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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