Acquisition of additional equity interest in Jaguar Financial



    TORONTO, Dec. 10 /CNW/ - Vic Alboini ("Alboini") announced the purchase
of 8,000 common shares of Jaguar Financial Inc. ("Jaguar") on December 10,
2007 to increase his ownership and that of his investment company, Stature
Inc. ("Stature") to 4,835,071 common shares of Jaguar representing
approximately 4.5% of the total issued common shares of Jaguar. Alboini and
Stature are sometimes collectively referred to as "Vic".
    Northern Financial Corporation ("Northern") owns 13,544,315 common shares
of Jaguar representing approximately 12.5% of the issued common shares of
Jaguar.
    Although there is no agreement between Northern and Vic, the parties are
treated as acting jointly and in concert with regard to their respective
ownership of common shares of Jaguar. Northern and Vic are sometimes
collectively referred to as the "Offeror." The Offeror owns a total of
18,379,386 common shares of Jaguar representing approximately 17% of the total
issued common shares of Jaguar. In addition, Vic has vested options to acquire
3,000,000 treasury common shares of Jaguar.
    The common shares of Jaguar were acquired by Vic for investment purposes.
Northern or Vic may, directly or indirectly, depending on market and other
conditions, acquire beneficial ownership of, control or direction over,
additional common shares of Jaguar, through market transactions, private
agreements or otherwise, in accordance with applicable securities legislation.
Northern or Vic may, depending on market and other conditions, sell any or all
of its common shares of Jaguar.





For further information:

For further information: Ann Krallisch, Director, Business Development,
Northern Securities Inc., (416) 644-8113, Fax: (416) 644-0270, e-mail:
akrallisch@northernsi.com

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Jaguar Financial Corporation

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