Cunningham Lindsey International Acquires Axis U.S.A.

NEW YORK -- Lindsey Morden Group Inc. (TSX:LM.SV)

Cunningham Lindsey International (CLI) has announced their acquisition of Axis USA, a well-established high-end specialty adjusting company located at New York and Los Angeles. Axis also provides comprehensive adjusting services to Fortune 500 companies, through relationships with insurers, reinsurers, captives and self-insured entities based in the U.S. and abroad. This acquisition will further broaden the scope of high-end adjusting services provided by Cunningham Lindsey's international company. The combined entity will operate as Cunningham Lindsey Axis (CL Axis).

Cunningham Lindsey U.S., Inc. (CLUS), our traditional loss-adjusting services company in the U.S., is not directly involved with this acquisition, and will continue to serve various aspects of the U.S. Market just as it as done for years.

"This acquisition by CLI allows us to further penetrate the U.S. and specialty markets by adding a group of talented colleagues to the family. Together, CL Axis and CLUS serve every segment of the market from high-frequency, low-severity losses to the largest and most complex." said C.E.O. of Lindsey Morden Group (LMGI), Jan Christiansen.

About Lindsey Morden Group:

Lindsey Morden Group Inc. is a holding company which, through its subsidiaries, provides a wide range of independent insurance claims services, including claims adjusting, appraisal and claims and risk management services. It has a worldwide network of branches in Canada, the United States, the United Kingdom, continental Europe, the Far East, Latin America and the Middle East. Lindsey Morden also provides claims adjusting and appraisal training courses in the United States.

Lindsey Morden Group Inc. (TSX:LM.SV)