Kanbay 

International

, 

Inc.

 (NASDAQ:KBAY), a 

global

 IT services firm focused on the financial services 

industry

, will announce 

its

 results of operations for the third 

quarter

 ended September 30, 2004 before the 

open

 of the financial 

market

 on Wednesday, October 27, 2004.

At 8:30 a.m. (EST) on that day, Kanbay management will host a conference 

call

 to discuss 

its

 results of operations for the third 

quarter

. To participate in the 

call

, 

domestic

 callers can dial (800) 638-5439 and 

international

 callers can dial (617) 614-3945. The passcode for the conference 

call

 is 37697565.

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. (EST) on November 3, 2004, by dialing (888) 286-8010 for 

domestic

 callers and (617) 801-6888 for 

international

 callers. The passcode for the replay is 84112245. A webcast replay of the conference 

call

 will also be available for two weeks following the 

call

, until 5:00 p.m. (EST) on November 10, 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 banks, 

insurer

, 

credit

 services companies, and 

capital market

 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.