LOYALIST GROUP LIMITED ANNOUNCES THIRD QUARTER RESULTS

ANCASTER, ON, Nov. 8 /CNW/ - Loyalist Group Limited (TSX Venture Exchange - NEX symbol: LOY.H) announced today results for the quarter ended September 30, 2010.

The Company's regular revenues for the nine months ending September 30, 2010 were $42,328 consisting of investment income compared to $34,054 for the same period in 2009.

Total expenses of the Company for the nine months ending September 30, 2010 were $301,361 compared to $399,485 in 2009.

The net loss for the Company for the nine months ending September 30, 2010 was $266,122 compared with a net loss of $213,402 for the same period in 2009.  In 2009 there were extraordinary items primarily relating to the recovery of legal expenses in the amount of $99,494 noted in the lawsuit detailed in Overall Performance.

As previously announced in recent press releases, the Company has entered into an arms length share exchange agreement with McKinsey International College The Language School Inc., and has announced a common share financing of between $200,000 and $700,000 at $0.15 per common share.

Interim financial statements, the MD&A and above referenced press releases can be found on SEDAR at www.sedar.com. 

Loyalist Group Limited is a financial services holding company.

  The TSX Venture Exchange - NEX has neither approved nor disapproved of the information contained herein.

%SEDAR: 00009147E

For further information:

Mr. Donald Coons, President & CEO
Loyalist Group Limited
[phone] x 247