Firm Capital Mortgage Investment Trust announces monthly cash distributions



    TSX Symbol FC.UN

    TORONTO, Jan. 20 /CNW/ - Firm Capital Mortgage Investment Trust (the
"Trust") (TSX FC.UN), announced its monthly cash distribution of $0.078 per
unit for the Unit holders of record as per the following:

    
    Record Date           Payable
    -----------           -------
    January 31, 2009      February 16, 2009
    February 28, 2009     March 16, 2009
    March 31, 2009        April 15, 2009
    April 30, 2009        May 15, 2009
    May 31, 2009          June 15, 2009
    June 30, 2009         July 15, 2009
    

    The Trust, through its Mortgage Banker, Firm Capital Corporation, is a
non-bank lender providing residential and commercial short-term bridge and
conventional real estate finance, including construction, mezzanine and equity
investments. The Trust's investment objective is the preservation of
Unitholders' equity, while providing Unitholders with a stable stream of
monthly distributions from investments. The Trust achieves its investment
objectives by pursuing a strategy of growth through investments in selected
niche markets that are under-serviced by large lending institutions. Lending
activities to date continue to develop a diversified mortgage portfolio,
producing a stable return to Unitholders. For more information, please visit
www.firmcapital.com





For further information:

For further information: Eli Dadouch, President & Chief Executive
Officer, (416) 635-0221, www.firmcapital.com


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