Castle Group Welcomes New Board Member and EVP of Asia Development

. October 14, 2008

JANUARY 10, 2008. The Castle Group, Inc. (OTCBB:CAGU) announced the appointment of entrepreneur Robert Wu to its Board of Directors and to the post of Executive Vice President of Asian Development for its subsidiary Castle Resorts & Hotels, which provides hospitality services to 26 properties in Hawaii, Guam, Micronesia, New Zealand, and Thailand.

Mr. Wu serves as the chief executive officer for the Wu Group, a Hawaii-based firm that specializes in Asia imports, management of several Hawaii businesses and business consultation services for the Asia-Pacific region. As proprietor of numerous Hawaii businesses over the past 22 years, he has extensive knowledge in the operation and management of small and medium sized organizations. He has served on the Hawaii Council on Economic Education for the University of Hawaii, Na Koa Football and has been a trustee for Palama Settlement, Hawaii Library Foundation and Maryknoll School.

'We are pleased to welcome Robert Wu to both our Board of Directors and to the key executive post of Executive Vice President-Asia, leading business development activities for our Castle Resorts & Hotels subsidiary,' commented Rick Wall, chairman and chief executive officer of The Castle Group, Inc. 'The rapid growth we have planned has a crucial Asia component, and we fully expect Mr. Wu's insights into the Asia market, as well as his expertise in operating and building businesses in Hawaii, to stand us in excellent stead going forward. He has not only noteworthy drive and enthusiasm but also established business contacts throughout Vietnam and personal experience that is highly relevant to Castle's Southeast Asia growth.'

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