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Kanbay International Schedules Second Quarter Earnings Release and Conference Call

ROSEMONT, Ill.--(BUSINESS WIRE)--Aug. 18, 2004-Kanbay International, Inc. (NASDAQ:KBAY), a global IT services firm focused on the financial services industry, will announce its results of operations for the second quarter ended June 30, 2004 before the open of the financial markets on Wednesday, August 25, 2004.

At 10:00 a.m. (ET) on that day, Kanbay management will host a conference call to discuss its results of operations for the second quarter. To participate in the call, domestic callers can dial (800) 291-9234 and international callers can dial (617) 614-3923. The passcode for the conference call is 95392302.

The conference call will also be webcast and accessible through Kanbay's website at www.kanbay.com. Please access the website at least fifteen minutes prior to the call to register and download any required software.

A replay of the conference call will be available for one week, until 5:00 p.m. (ET) on September 1, 2004, by dialing (888) 286-8010 for domestic callers and (617) 801-6888 for international callers. The passcode for the replay is 37338084. A webcast replay of the conference call will also be available for two weeks following the call, until 5:00 p.m. (ET) on September 8, 2004, through Kanbay's website at www.kanbay.com.

About Kanbay

Founded in 1989, Kanbay International, Inc. (NASDAQ:KBAY) is a global IT services firm focused on the financial services industry. With over 3,600 employees, Kanbay provides its services primarily to commercial and retail lending institutions, insurance companies, credit services companies, and securities firms. The company uses a global delivery model to provide application development, maintenance and support, software package selection and integration, business process and technology advice, network and system security, and specialized services. Kanbay is a CMM Level 5 assessed company headquartered in greater Chicago with offices in the U.S., Canada, U.K., Australia, Hong Kong, Japan, Singapore and India.