Mr. Na Kyoungwon reports

SPACKMAN EQUITIES GROUP ANNOUNCES CHANGE OF INTERIM CHIEF EXECUTIVE OFFICER

Richard Lee has stepped down as interim chief executive officer of Spackman Equities Group Inc. with immediate effect. He will continue to serve as a director of the company.

The board of directors has appointed Na Kyoungwon, a current member of the board, as interim chief executive officer, effective immediately. Mr. Na will service in this capacity until a permanent chief executive officer is appointed.

The board wishes to thank Mr. Lee for his leadership and contribution during this transitional period.

About Spackman Equities Group Inc.

Spackman is an international investment firm that selectively invests into growth companies that possess proprietary know-how or technologies. The company's objective is to originate opportunities to invest into businesses at attractive valuations, build a compelling portfolio of holdings and deliver the collective value of the company's investments to its shareholders. Spackman Equities Group invests into public equities as well as privately held companies.

Spackman also advise our portfolio companies on mergers and acquisitions strategies, capital structuring, and strategic alternatives.

The common shares of Spackman Equities Group trades on the TSX Venture Exchange under the symbol SQG.

We seek Safe Harbor.