Anthony Clark International Insurance Brokers Ltd. Issuance of Shares for Debt

ANTHONY CLARK INTERNATIONAL INSURANCE BROKERS LTD. (TSX Venture Exchange: "ACL”; OTCQX:ACKBF) (the "Corporation”) is pleased to announce that it has finalized an Amending Agreement, effective January 1, 2010, with one of its’ U.S. lenders, whereby the U.S. Lender has agreed to receive a portion of the interest owed to it in common shares of the Corporation.

Pursuant to the terms of the Amending Agreement, the U.S. Lender has agreed to accept 4% of the interest payments due on a $3,250,000 USD loan (the "Loan”) in common shares of the Corporation. This Amending Agreement is in effect until the Maturity of the Loan on April 30, 2012. As such and subject to the receipt of regulatory approvals, the Corporation currently intends to issue $130,000 USD worth of common shares priced at CDN$0.50 per common share to the U.S. Lender. The price of CDN$0.50 per common share represents a 2% discount from the closing price of CDN$0.51 per common share on January 15, 2010. The pricing of the common shares to be issued during the subsequent years of the Loan will be determined at the then current trading price of the common shares of the Corporation as at the close of business on the first trading day after January 1^st in each year until the Maturity Date of the Loan.

The issuance of any common shares of the Corporation pursuant to the Amending Agreement is subject to any and all required regulatory approvals and the acceptance of the TSX Venture Exchange.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Except for the historical information contained herein, this press release contains statements that constitute forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that may cause or contribute to such differences include, among other things, the Corporation's ability to close the proposed transaction. Other risks and uncertainties include changes in business conditions and the economy in general, changes in governmental regulations, unforeseen litigation and other risk factors identified in the Corporation's public filings under "Risk Factors". The Corporation undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this press release.

On behalf of
ANTHONY CLARK INTERNATIONAL INSURANCE BROKERS LTD.

"Tony Consalvo”
Tony Consalvo, C.E.O.