CIBT Reports Normal Course Issuer Bid



    
    /NOT FOR DISSEMINATION INTO THE U.S.A. OR DISTRIBUTION TO U.S. NEWSWIRE
    SERVICES/
    

    VANCOUVER, Oct. 9 /CNW/ - CIBT Education Group Inc. (AMEX:   MBA;
TSX.V: MBA) reports that the TSX Venture Exchange has accepted the filing of
the company's notice of intention to conduct a normal course issuer bid to
purchase up to 1 million of its common shares representing approximately 1.56%
of its issued and outstanding share capital. The normal course issuer bid,
which is being conducted through the facilities of the TSX Venture Exchange,
will expire on October 8, 2009 unless sooner terminated.
    The share repurchase has been launched because management is of the view
that the company's stock is currently undervalued. Purchases will be made
through Union Securities Ltd. In the past 12 months, the company has
repurchased 1.5 million of its common shares.

    About CIBT Education Group Inc.:

    CIBT is an education management and investment company with a special
focus on the global education market. Its subsidiaries, CIBT School of
Business & Technology Corp., Tourism Training Institute, Concordia Career
College, Modus International Language College and Sprott-Shaw Degree College
Corp., which is comprised of Sprott-Shaw Degree College, Sprott-Shaw Community
College, Sprott-Shaw International Language College, possess a combined
operating history of over 118 years in China and Canada's education sectors.
CIBT owns and operates a network of 48 business and language colleges with a
presence in Canada, China, Vietnam, Jordan and the Philippines. CIBT delivers
North American and Chinese accredited business and management degree programs,
automotive, and diesel maintenance programs, IT programs, travel and tourism
programs and career/vocational programs through its network of campuses across
China and Canada. In 2006, CIBT initiated plans to aggressively expand its
business presence across China and to establish schools in other parts of Asia
including South Korea, Thailand, Malaysia and India. CIBT also owns Irix
Design Group, a leading full service design and advertising company based in
Vancouver, Canada. In 2008, Irix Design was ranked 15th in the list of Biggest
Ad Agencies in Greater Vancouver by the Business in Vancouver newspaper.

    
    CIBT Education Group Inc.

    "Toby Chu"

    Toby Chu
    President & CEO
    

    Legal Notice Regarding Forward-Looking Statements: "Forward-looking
Statements" as defined in the Private Securities Litigation Reform Act of 1995
may be included in this news release. These statements relate to future events
or CIBT's future financial performance. These statements are only predictions
and may differ materially from actual future results or events. CIBT disclaims
any intention or obligation to revise any forward-looking statements whether
as a result of new information, future developments or otherwise. There are
important risk factors that could cause actual results to differ from those
contained in forward-looking statements, including, but not limited to risks
associated with changes in general economic and business conditions, actions
of CIBT's competitors, the extent to which CIBT is able to develop new
services and markets for their services, the time and expense involved in such
development activities, the level of demand and market acceptance of their
services and changes in our business strategies.

    
    The TSX Venture Exchange and the American Stock Exchange have not
    reviewed and do not accept responsibility for the adequacy or accuracy of
    this news release. This news release shall not constitute an offer to
    sell or the solicitation of an offer to buy securities in any
    jurisdiction.
    

    %SEDAR: 00005932E




For further information:

For further information: Investor Relations Contact: N. America, Toll
Free: 1-800-574-0901*, Email: info@cibt.net

Organization Profile

CIBT EDUCATION GROUP INC.

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