SE Global - SEGB (fka SEGB)

[chanelle]

Capital Alliance To Increase Ownership In SE Global Equities
7/7/03

Capital Alliance Group Inc. announces that it has agreed to convert US$500,000 of debt owed to it by SE Global Equities Corp. (OCTB8: SEGB) into 2,777,777 million shares of SE Global Equities Corp. at a purchase price of $0.18 per share. The shares issued on the settlement of such debt will be considered restricted securities. On completion of the debt settlement CPT will own 14,633,555 shares of SEGB representing 83.5% of shares issued and outstanding.
'This debt conversion will both strengthen SE Global's balance sheet and provide CPT with a increased ownership position,'said Toby Chu, SE Global president and chief executive officer. 'We continue to be very successful in our expansion of SEGB's client base and revenue. We have already begun to see significant benefits from our recent branch expansions and plan to continue with this model in other regions and markets.'
About SE Global Equities Corp.

SE Global Equities Corp. is a provider of technology and financial resources for international investors. SE Global provides online and direct-access trading software and market data through an international network of business alliances with 30 brokerage firms in 25 countries.

SE Global is not a securities dealer in its own right and has not sought such registration. All trade execution and support services are provided by the individual alliance broker in compliance with local regulatory requirements. Global-American Investments, Inc., a subsidiary of SE Global Equities Corp., is a U.S. licensed securities broker-dealer. Not all securities, products or services described are available in all countries, and nothing herein is an offer or solicitation of securities products and services in any jurisdiction where their offer or sale is not qualified or exempt from registration.

For more information visit SE Global's website at www.SEGlobal.com.

CONTACT: TEL: [phone] Relations Contact

Mr. Quentin Mai, Ext.312 Investor

E-mail: [e-mail]


TEL: [phone] Capital Alliance Group Inc.

FAX: [phone]

E-mail: [e-mail]

Internet: www.cag-global.com