Accel Financial Group announces nine month financial results to July 31, 1997; Positive Earnings -- gross profits up by 154 Percent over same period last year.

VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 16, 1997-- Accel Financial Group (Alberta Stock Exchange:AFG.) Accel Financial Group Ltd., is pleased to announce that it earned net income of $25,416 in the nine month period ending July 31, 1997. This compares to a loss of $36,130 for the same period last year. Gross profit from leasing operations for the period was $1,323,865 for an increase of 154 percent over the same period last year. Total financings for the period were $7,216,416 , compared to $2,630,995 for the same period last year.

The corporation also estimated its 4th Quarter net income would be $200,000 and its total financings for the fiscal year will exceed $10,000,000.

The corporation also announced it is in final stages of negotiation with both existing and new institutional funding sources. Successful conclusion of these negotiations would: -0-

-- increase yields through a combination of a reduction in cost of funds and an increase in the corporation's leverage ratio on its capital;

-- increase its funding capacity to meet growing demand for its financing services;

-- provide access to a broader and more diversified range of equipment for financing, all within the corporation's niche market of non-conventional financing.

It expects to announce the successful completion of one or more of these financing initiatives before fiscal year end on October 31, 1997.

Accel Financial Group Ltd. is a Vancouver based company in the business of financing equipment leases to businesses across Canada that, for a variety of reasons, do not quality for financing from conventional sources. -0-

Note to Editors: The Alberta Stock Exchange neither approves nor disapproves the information contained herein.

CONTACT: Accel Financial Group Ltd.

Ben Buan, 604/ 687-7090