{Wlmlaw W0076551.DOC} Pembroke Capital Corp.

918 – 1030 WEST GEORGIA STREET VANCOUVER, BC V6E 2Y3

NEWS RELEASE

Pembroke Capital Corp. Appoints New CFO and Grants Stock Options

December 13, 2010 – Vancouver, British Columbia (TSX-V: PBK.P). Pembroke Capital Corp. ("Pembroke" or the "Company"), a capital pool company, is pleased to announce that effective December 13, 2010, Gavin Cooper has been appointed as the Company's Chief Financial Officer.

In connection with the appointment, the Company has granted 75,000 incentive stock options to Mr. Cooper. Such options are exercisable at the price of $0.20 for a period of five years until December 12, 2015. Until completion of the Company's qualifying transaction, an aggregate of 380,000 shares remain available for issuance under the Company's stock option plan.

For further information please contact:

Vince Sorace Chief Executive Officer Phone: 604.639.9056

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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