HOME CAPITAL GROUP INC. TO HOLD INFORMATION CONFERENCE CALL AND WEBCAST ON IFRS TRANSITION ACCOUNTING

TORONTO, Feb. 9 /CNW/ - Home Capital Group Inc. (TSX: HCG) will hold a conference call and webcast specifically relating to its transition to International Financial Reporting Standards (IFRS) accounting on Thursday, February 10, 2011 at 2:00 p.m. This conference call and webcast is in addition to the regularly scheduled conference call and webcast at 10:30 a.m. on February 10, 2011 to review financial results. The conference call will be hosted by Gerald M. Soloway, Chief Executive Officer and will conclude with a question and answer session. Joining Mr. Soloway will be Martin Reid, President, Cathy Sutherland, Senior Vice President, Finance, Robert Blowes, Senior Vice President, Finance, and Marissa Lauder, Vice President, Financial Reporting and Accounting Policies.

Participants are asked to call 5 to 15 minutes in advance, 647-427-7450 in Toronto or toll-free 1-888-231-8191 throughout North America. The call will also be accessible in listen-only mode via the Internet at www.homecapital.com.

A telephone replay of the call will be available between 5:00 p.m. Thursday, February 10, 2011 and midnight Thursday, February 17, 2011 by calling 416-849-0833 or 1-800-642-1687 (enter passcode 43694835). The archived audio web cast will be available for 90 days on CNW Group's website at www.newswire.ca and Home Capital's website at www.homecapital.com.

Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering deposit, residential and non-residential mortgage lending, securitization of insured residential first mortgage products, consumer lending, Visa and payment card services. Licensed to conduct business across Canada, Home Trust has offices in Ontario, Alberta, British Columbia, Nova Scotia and Quebec.

SOURCE Home Capital Group Inc.

For further information:

Gerald M. Soloway, CEO, or
Martin Reid, President
416-360-4663
www.homecapital.com


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