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DSV.TO ·

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. – December 9, 2010 – Abode Mortgage Holdings Corp. (the “Company”) (TSXV: ABD) today announces the appointment of Donald Siemens as a director of the Company and member of the Audit Committee effective December 8, 2010.

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

Don Siemens has over 30 years of experience as a Chartered Accountant, including 8 years in public practice as a partner with major accounting firms, 8 years in senior executive positions in industry and 18 years as a selfemployed Financial Services executive. Currently, as an independent financial advisor, Mr. Siemens specializes in Corporate Finance, cross-border transactions and Mergers & Acquisitions. He serves as a director for six public companies: Los Andes Copper Ltd., Nikos Explorations Ltd., Adriana Resources Inc., EurOmax Resources Limited, Hansa Resources Limited and Hawthorne Gold Corp. Previously, Mr. Siemens was Partner-in-Charge of Thorne Ernst & Whinney's (now KPMG) Vancouver office Financial Advisory Services group. Mr. Siemens obtained a Chartered Accountant designation in 1972, and a B.A. from the University of British Columbia.

Mr. Siemens also serves on the Audit Committee of Adriana Resources Inc. and as Chair of the Audit Committees of Los Andes Copper Ltd., EurOmax Resources Limited and Nikos Explorations Ltd.

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