Lingo Media Shareholders Approve All Matters Presented at Annual and Special Meeting

Lingo Media Corporation (TSX VENTURE:LM)(OTCBB:LMDCF) ("Lingo Media" or the "Company"), is pleased to announce that its shareholders approved all resolutions brought before them at the Company's Annual and Special Meeting of Shareholders (the "Meeting") held in Toronto on August 18, 2009.

At the Meeting, the shareholders re-elected Michael Kraft, Anthony Lacavera, Nereida Flannery, Ashraf Halim, Ashesh Shah, Scott Remborg, and Sanjay Joshi as directors of the Company.

In addition, shareholders also approved the following:

- the reappointment of Collins Barrow Toronto LLP (formerly DMCT LLP), Chartered Accountants as auditors; and

- an amendment to Lingo Media's 2005 Stock Option Plan increasing the maximum number of common shares reserved for issuance pursuant to the 2005 Stock Option Plan to 2,491,520, approximately 20% of its issued and outstanding common shares

About Lingo Media (TSX VENTURE:LM)(OTCBB:LMDCF)

Lingo Media (www.lingomedia.com) is a diversified online and print-based education products and services corporation focused on English Language Learning ("ELL") on an international scale through its Lingo Learning Inc. subsidiary, a print-based publisher of ELL programs in China, and Speak2Me, an online ELL community. Lingo Media has formed successful relationships with key government and industry organizations, establishing a presence in China's education market of 250 million students. Since 2001, the Company has published more than 278 million units in China from its library of 340 program titles, and 350 online speaking lessons and 250 eZines. Lingo Media continues to expand its ELL offering and extend its reach on a global scale.

Portions of this press release may include "forward-looking statements" within the meaning of securities laws. Forward-looking statements contained in this press release are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and involve certain risks and uncertainties. Actual results may vary materially from management's expectations and projections and thus readers should not place undue reliance on forward-looking statements. Certain factors that can affect the Company's ability to achieve projected results are described in the Company's filings with the Canadian and United States securities regulators available on www.sedar.com or www.sec.gov/edgar.shtml.

SOURCE: Lingo Media Corporation

Lingo Media
Michael Kraft
President & CEO
416 927 7000 ext. 23 or Toll Free Tel: 866 927 7011 ext. 23
416 927 1222 (FAX)
investor@lingomedia.com
www.lingomedia.com

Related terms: china, community, education, government, library, market, media, online, products, publisher, securities, stock option, toronto, united states