Ms. Camilla Bartosiewicz reports

ALTUS GROUP ANNOUNCES THIRD QUARTER 2016 DIVIDEND

The board of directors of Altus Group Ltd. has approved the payment of a cash dividend of 15 cents per common share for the third quarter ending Sept. 30, 2016.

Payment will be made on Oct. 17, 2016, to common shareholders of record as at Sept. 30, 2016.

Altus Group's dividend reinvestment plan (DRIP) permits eligible shareholders to direct their cash dividends to be reinvested in additional common shares of the company. For shareholders who wish to reinvest their dividends under the DRIP, Altus Group intends to issue common shares from treasury at a price equal to 96 per cent of the weighted average closing price of the shares for the five trading days preceding the dividend payment date.

Full details of the DRIP program are available on the company's website.

Altus Group confirms that all dividends paid or deemed to be paid to its common shareholders qualify as eligible dividends for purposes of Subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation, unless indicated otherwise.

About Altus Group

Altus is a leading provider of independent advisory services, software and data solutions to the global commercial real estate industry. Headquartered in Canada, the company has approximately 2,300 employees around the world, with operations in North America, Europe and Asia Pacific.