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CIBT to Present at ACBSP Conference in Chicago

May 31, 2006

Toby Chu, President and CEO of CIBT School of Business & Technology Corp., will be a keynote speaker at the annual conference of the Association of Collegiate Business Schools and Programs ('ACBSP') to be held from June 16th ¡V 19th, 2006 at the Marriott Hotel in Chicago, IL. He will be speaking about business opportunities for U.S. based education providers to establish a presence in China.

The Association of Collegiate Business Schools and Programs ( ACBSP ) is the leading specialized accreditation association for business education. Founded in 1988, ACBSP was created by its members to fulfill a need for specialized accreditation by institutions of higher education with business schools and programs.

In June 2005, ACBSP approved a new strategic plan with a new mission and vision statements. In addition, the seven regions were expanded and now require the provinces and territories of Canada. As of April 2006, ACBSP membership required 403 educational institutions as members, 297 of which have successfully achieved accreditation. In addition membership requires twelve corporations and thirteen emeritus. Nearly 4,600 persons at these entities are individual members and receive benefits of membership.

ACBSP's vision is to become the global leader enhancing the quality of business schools and programs focused on teaching excellence. More information on the ACBSP and details of the annual conference can be found at: www.acbsp.org.

About CIBT

CIBT School of Business is a leading business and technical school, and has been providing training to students for over a decade in China. CIBT operates four campuses in Beijing, two campuses in Weifang, and five learning centers in other cities in China. CIBT has academic partnerships with Beijing University of Technology and Weifang University, and delivers postsecondary business, technology and technical trade skill programs to students and corporations in China. By cooperating with leading education providers in North America including Western International University, a subsidiary of Apollo Group Inc.; ITT Technical Institute; WyoTech Technical Institute, a subsidiary of Corinthian Colleges Inc.; and other universities from Europe and Asia, CIBT delivers advanced curricula to meet the progressive needs of China's growing student population.

Investor Relations Contact: Mr. James Neil * N. America Toll Free: 1-888-865-0901 Ext.322 * Email: info@cag-global.com