Further to the news release on July 7, 2009, Knightswood Financial Corp. (the
"Company") (TSX VENTURE:KWF) hereby advises that the exercise price of the stock
options granted to directors and consultants of the Company on July 7, 2009 be
amended to $0.10.


ON BEHALF OF THE BOARD OF DIRECTORS

KNIGHTSWOOD FINANCIAL CORP.

Maurice Levesque, President and Director
Knightswood Financial Corp. (TSXV:KWF)
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