FUT The Futura Loyalty Group Inc.

The Futura Loyalty Group Inc. (TSX VENTURE: FUT) (the "Company") today announced that it has closed a shares for debt transaction whereby the Company issued a total of 160,571 common shares ("Debt Settlement Shares") at a deemed price of $0.05. This transaction is in connection with the conversion of $8,028.54 of accrued interest on certain convertible debentures described in a press release dated February 17, 2009 into common shares of the Company. The issuance of the Debt Settlement Shares will not result in a change of control. The Company currently has 164,000,054 common shares issued and outstanding.

TM Trademark of The Futura Loyalty Group Inc.

The TSX-Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts: The Futura Loyalty Group Inc. Mark Farrell President and CEO 416-775-3160 mfarrell@FuturaRewards.ca