Hyatt Financial Corporation Ships First Export Garment Order from Bangalore, India Factory to U.S.A.

EDMONTON, Alberta--(BUSINESS WIRE)--Nov. 7, 1997--V.J. Murthy, President of Hyatt Financial Corporation Ltd. (ASE:HTF), reported that the Company has completed the first export shipment order of garments from its Indian subsidiary to the U.S.A. The value of the shipment is US$67,500 F.O.B.

He further reported that the factory is presently processing four additional export orders valued at approx. $US 145,000. These orders are in various stages of completion and are expected to be shipped on or before January 31, 1998.

Mr. Murthy stated, "We are quite encouraged by several favourable inquiries received by various customers from Canada, the U.S.A. and Australia. We anticipate that we will be processing their required orders in the near future through our state of the art manufacturing facility in Bangalore, India."

Hyatt Financial Corporation is a Canadian company manufacturing garments for worldwide export in Bangalore, India. -0-

Note to Editors: The Alberta Stock Exchange has neither approved nor disapproved of the contents of this news release.

CONTACT: Hyatt Financial Corporation Ltd.

V.J. Murthy, 403/425-4656

403/425-6810 (FAX)

[e-mail]

www.infodine.com/htf

or

Robinson, Page & Associates (IR)

Sherry Robinson, 416/777-6690

416/777-6719 (FAX)

[e-mail]