AIF Altus Group Limited

Altus Group Welcomes Raymond Mikulich to Board of Directors

US Perspective to Strengthen Board

TORONTO, ONTARIO--(Marketwired - Dec 11, 2013) - Altus Group Limited ("Altus Group") (TSX:AIF) is pleased to announce the appointment of Raymond Mikulich to its Board of Directors.

Currently Managing Partner and Chief Investment Officer for Ridgeline Capital Group, based in New York, NY, Mr. Mikulich combines strong business acumen with over 30 years of senior executive experience in investment banking, real estate private equity and capital markets. A graduate of Chicago Kent College of Law with a JD (Honors), Mr. Mikulich is a Certified Real Estate Consultant, a RICS Chartered Surveyor and a past Trustee and Governor of the Urban Land Institute.

"We are very pleased that Ray has accepted our invitation to join the Board of Directors," said Harvey Naglie, Chairman of the Board of Directors, Altus Group. "The financial experience and expertise in the US real estate market that he brings to our Board are particularly well suited to inform and support Altus Group's business strategy going forward; specifically our continued expansion and growth in the US."

The appointment of Mr. Mikulich brings the total number of directors to eight.

About Altus Group Limited

Altus Group is a leading provider of independent commercial real estate consulting and advisory services, software and data solutions. We operate five interrelated Business Units, bringing together years of experience and a broad range of expertise into one comprehensive platform: Research, Valuation and Advisory; ARGUS Software; Property Tax Consulting; Cost Consulting and Project Management and Geomatics. Our suite of services and software enables clients to analyze, gain insight and recognize value on their real estate investments.

Altus Group has over 1,800 employees in multiple offices around the world, including Canada, the United States, the United Kingdom, Australia and Asia Pacific. Altus Group's clients include financial institutions, private and public investment funds, insurance companies, accounting firms, public real estate organizations, real estate investment trusts, healthcare institutions, industrial companies, foreign and domestic private investors, real estate developers, governmental institutions and firms in the oil and gas sector.

For more information, please visit www.altusgroup.com.

Altus Group LimitedElif McDonaldVP, Investor Relations and Corporate Communications(416) 641-9804investor.relations@altusgroup.comwww.altusgrouplimited.com