Robert J. Blowes Appointed as Chief Financial Officer of Home Capital Group Inc.

TORONTO, May 25, 2011 /CNW/ - Home Capital Group Inc. (TSX: HCG) is pleased to announce the appointment of Robert J. Blowes, C.A., C.P.A. as Chief Financial Officer of Home Capital and its wholly owned subsidiary, Home Trust Company, at a meeting of the Board of Directors of the Company following the Annual General Meeting held on May 18, 2011.

Mr. Blowes joined the Company as Senior Vice President, Finance in November 2010. He is an experienced financial executive, having recently retired as a Partner at Ernst & Young, where he served a number of reporting issuers in the financial services and technology sectors over the course of a 35-year career.

Gerald M. Soloway, Chief Executive Officer of Home Capital, stated, "I am very pleased that Bob will assume this key role. His broad financial services experience is an asset to the Company and he has already become an integral member of our proven executive team."

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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