James C. Baillie Appointed to Home Capital's Board of Directors

TORONTO, Feb. 21, 2012 /CNW/ - Home Capital Group Inc. (TSX: HCG) is pleased to announce that Mr. James C. Baillie, counsel at Torys LLP, has joined the Board of Directors of the Company and its subsidiary, Home Trust Company, on February 13, 2012.

Mr. Baillie brings a wealth of experience to the Company, and is recognized as one of Canada's leading corporate legal practitioners. Throughout his career, he has advised corporations, financial institutions, federal and provincial governments and agencies, and self-regulatory organizations on strategic business issues, complex legal matters and legislative options. He is also past-Chairman of the Ontario Securities Commission.

"We are delighted to strengthen our Board with Jim's appointment," said Kevin Smith, Chairman of the Board of Home Capital. "We are confident that with his extensive expertise, knowledge and insight, he will be a valuable asset to our Board and the Company."

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


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