Mr. Ross Drysdale reports

RUMBU ANNOUNCES ACQUISITION OF WARREN & SON LTD.

Rumbu Holdings Ltd. has completed a transaction to acquire Warren & Son Ltd., a funeral home business located in Swift Current, Sask. In the transaction, Rumbu purchased all of the issued shares of Warren & Son held by the vendors utilizing funds from the previously announced lending facility of the company with the Bank of Montreal and through the issuance of promissory notes to the vendors in the aggregate amount of $500,000. The promissory notes are repayable in five years from the closing date of the transaction. The sale agreement also provides for a conventional adjustment of the working capital after closing. Rumbu has retained most of the current staff of Warren & Son and will continue to operate the funeral home and business acquired in Swift Current, Sask. The acquisition is neither a non-arm's-length nor a related party transaction. The company plans to lead the way in assisting funeral home owners to transition their businesses to current employees or aspiring funeral home directors who are looking to operate in rural or mid market communities. This will allow Rumbu to maintain continuity and continue to provide quality funeral services in these communities.

About Rumbu Holdings Ltd.

Rumbu is a publicly traded funeral service, memorial and death care company trading on the TSX Venture Exchange under the trading symbol RMB. The company operates in the funeral home business in Western Canada and is committed to acquiring, partnering, managing, and operating funeral homes and crematoriums, and providing funeral services to the public in its market area.

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