In conjunction with the release of its financial results for the year ended December 31, 2010, Altus Group Limited (TSX: AIF) will host a conference call at 2:30 p.m. Eastern Daylight Time, on Wednesday, March 23, 2011.

Gary Yeoman, Chief Executive Officer, and Angelo Bartolini, Chief Financial Officer of Altus Group Limited will review year-end results and corporate developments. The financial results will be released by newswire on Wednesday, March 23, 2011.

To participate in this conference call, please dial one of the following numbers approximately five minutes prior to the commencement of the call:

1-877-240-9772 (toll-free) or 416-340-9432 (GTA)

Should you be unable to participate, a recording of this call will be made available beginning at 4:30 p.m. EDT. To access the recording, please call 1-800-408-3053 or 905-694-9451 (passcode: 8438338). The recording will also be available at altusgrouplimited.com.

As previously announced, currently, it is the intention of the Board of Directors of Altus Group Limited to declare and pay quarterly dividends to shareholders of record at the end of each quarter.

About Altus Group Limited

Altus Group is the leading multidisciplinary provider of independent real estate consulting and professional advisory services worldwide. With a staff of over 1,700, Altus Group has a network of over 60 offices in 14 countries worldwide, including Canada, UK, Australia, Asia and the United States. We operate four interrelated Business Units, bringing years of expertise together into one comprehensive platform: Research, Valuation and Advisory; Cost Consulting and Project Management; Realty Tax Consulting and Geomatics services. Altus' clients include banks, financial institutions, governments, pension funds, asset and fund managers, developers and landlords and companies engaged in the oil and gas industry.

Forward Looking Statements

Certain statements in this press release may constitute "forward-looking" statements, which involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Altus Group and its subsidiary entities, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. When used in this press release, such statements use words such as "may", "will", "expect", "believe", "plan", "would", "could" and other similar terminology. These statements are not guarantees of future performance and are subject to numerous risks and uncertainties. Those risks and uncertainties include: general state of the economy; dependence on oil and gas sector; competition in the industry; ability to attract and retain professionals; interest rate risk; currency risk; credit risk; ability to maintain profitability and manage growth; revenue and cash flow volatility; dependence on Canadian multi-residential market; integration of acquisitions; protection of intellectual property; weather; fixed-price and contingency engagements; performance of obligations / maintenance of client satisfaction; appraisal mandates; customer concentration; restrictions on potential growth; operating risks; risk of future legal proceedings; legislative and regulatory changes and insurance limits. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this press release. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Altus Group cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release and, except in accordance with applicable law, Altus Group assumes no obligations to update or revise them to reflect new events or circumstances. Additionally, Altus Group undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Altus Group, its financial or operating results, or its securities.

Contacts: Altus Group Sayla Nordin VP, Investor Relations and Communications (416) 557-0939 www.altusgrouplimited.com

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