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Abode Mortgage Holdings Corp. Announces Appointment of Director

Management Changes

Suite 210 – 1200 West 73rd Avenue Vancouver, British Columbia Canada V6P 6G5

Telephone: 604 | 642 | 2633

FOR IMMEDIATE RELEASE

Abode Mortgage Holdings Corp. Announces Appointment of Director

Vancouver, B.C. – March 31, 2011 – Abode Mortgage Holdings Corp. (the “Company”) (TSXV: ABD) today announces the appointment of Douglas Brazier as a director of the Company and member of the Audit Committee effective December 9, 2010. Donald Siemens elected not to accept the position of Director.

In commenting on these developments, the Company’s Chairman of the Board, David Nelson, stated:”We are very pleased that Douglas Brazier has agreed to join our Board and be a member of the Audit Committee”.

Douglas Brazier has over 30 years holding senior positions in accounting and finance, including 15 years as a Chief Financial Officer. Currently, Mr. Brazier is the owner of five well known food outlets in Vancouver. Mr. Brazier obtained a B.A. from the University of British Columbia and previously served as a director on the board of QI Systems which traded on the VSE.

About Abode Mortgage Holdings Corp.

Abode Mortgage Holdings Corp. is a public company trading on the NEX under the symbol ABD. Further information about the Company can be found on SEDAR (www.sedar.com) or by contacting Mr. David Nelson, Chairman of the Company

The TSX Venture Exchange and NEX does not accept responsibility for the adequacy or accuracy of this release, and has in no way passed upon the merits of the proposed transaction.

For further information, contact:

David Nelson Chairman of the Board Abode Mortgage Holdings Corp.

Tel: 604-642-2633