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Mackenzie Financial Corporation Reports Increased Holding of CIBT Education Group Inc.

December 11, 2007 Mackenzie Financial Corporation reports that as result of purchases of common shares of CIBT Education Group Inc. by one or more of its mutual fund and private client managed accounts, the aggregate number of common shares on a flow through basis held by all of Mackenzie’s managed accounts as of November 30, 2007 was 6,459,750 shares.

Mackenzie’s previous report, dated August 10, 2007, reported holdings of 5,890,500 shares of CIBT Education Group. Since August 1, 2007 there has been an increase of 569,250 shares purchased in the company on a flow through basis.

For further information please click on the following link to access Mackenzie Financial’s report:

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