Capital Alliance (CPT)

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Capital Alliance's CIBT enrollment increases

Capital Alliance Group Inc CPT
Shares issued 21,654,161 Jan 19 close $0.76
Tue 20 Jan 2004 News Release
Mr. Toby Chu reports
CIBT OVERALL ENROLMENT INCREASE BY 63% IN 2003
CIBT School of Business & Technology Corp., a subsidiary of Capital
Alliance Group, and a leading business school in China, reported today a
total enrollment increase of 63 per cent in 2003 as compared with same
period last year.
Enrollment increases include significant growth in the English programs,
MBA and technology degree programs. CIBT's total student body is currently
at 1,064 students. This enrollment figure does not include new enrollments
from the recently announced MBA program for Civil Aviation and
Administration China (CAAC), sponsored by Boeing Corp. The first group of a
total of approximately 200 MBA candidates participating in the CAAC/Boeing
program started December, 2003.
"Expanding foreign direct investments are fuelling China's burgeoning
economy and creating high demands for Western-trained management and
workers," stated Toby Chu, CIBT's president and chief executive officer.
"As a premier business and technology school with nearly 10 years of
operating experience in China, we anticipate that our business management
programs, advanced technology and English language training programs will
continue to be CIBT's fastest-growing segments in coming years."