CANTERBURY CONSULTING GROUP, Inc.
352 Stokes Road, Suite 200, Medford, NJ  08055
(609) 953-0044 * Fax (609) 953-0062

                  FOR IMMEDIATE RELEASE


        CANTERBURY DISCONTINUES PUBLIC TRAINING
                        ****
               FOUR LOCATIONS CLOSED
                        ***
        CHARGES WILL BE TAKEN IN FOURTH QUARTER


Medford, NJ - December 8, 2003

Canterbury Consulting Group, Inc. (NASDAQ:CITI) announced today that it
was in process of exiting the public classroom portion of its information
technology training segment.  This public training had been previously
provided by its wholly owned subsidiary, CALC/Canterbury Corp., at two
locations in New York City and two locations in New Jersey.

Canterbury's President and Chief Executive Officer, Kevin J. McAndrew,
stated, "We had little choice but to withdraw from the public training
market.  The cost of providing public classroom training as well as the
cost of personnel to maintain and operate these facilities was financially
draining based upon the current level of demand.  As of December 1, 2003
Canterbury no longer offered public training as we have in the past.  We
will continue to offer technology training to all of our corporate and
governmental customers, as well as e-learning solutions, private training,
training on demand and custom course development."

Mr. McAndrew went on to say; "We have negotiated settlements with the four
landlords involved wherein we have relinquished our security deposits in
return for general releases on the remaining lease terms for these
facilities.  The charges for these expenses and for other associated costs
of transition, as well as other charges related to those individuals that
are being released will approximate $260,000 and will be taken in our
fourth fiscal quarter ending November 30, 2003."

For more information, visit www.canterburyconsultinggroup.com, or to
access our filings go to www.sec.gov.

In addition to historical facts or statements of current condition, this
press release may contain forward-looking statements. The Company's
performance and financial results could differ materially from those
reflected in the forward-looking statements due to general financial,
economic, regulatory and political conditions or additional factors
unknown to the Company at this time, as well as more specific risks and
uncertainties such as those set forth in documents filed by the Company
with the SEC (including, but not limited to, its most recent reports on
Form 8-K, Form 10-Q and Form 10-K, copies of which are available upon
request or over the Internet at www.sec.gov). Given these risks and
uncertainties, any or all of these forward-looking statements may prove to
be incorrect. Therefore, current or prospective investors are cautioned
not to place undue reliance on any such forward-looking statements.
Furthermore, the Company has no intent, and disclaims any obligation, to
update any such factors or forward-looking statements to reflect future
events or developments.


Contact:
Darcy Teibel
Canterbury Consulting Group, Inc.
609-953-0044