First National to Host First Quarter 2009 Results Conference Call on April 29, 2009

     THE U.S./

    TORONTO, April 23 /CNW/ - First National Financial Income Fund (TSX:

    First Quarter 2009                   April 29, 2009 before market open
     Earnings Release
    Conference Call and Webcast          April 29, 2009 10 a.m. ET
    Hosted by                            Stephen Smith, Chairman and
                                         Rob Inglis, Chief Financial Officer
                                         Moray Tawse, Vice President,
                                         Mortgage Investments;
    Participant Numbers                  416-644-3423 or 800-732-6179

    A question and answer session for analysts and institutional investors
will follow management's presentation.
    A taped rebroadcast will be available to listeners until 12 a.m. on May
6, 2009. To access the rebroadcast, please dial 416-640-1917 or 1-877-289-8525
and enter passcode 21302535 followed by the number sign.

    About First National Financial Income Fund

    First National Financial Income Fund (TSX: FN.UN) owns a 21% interest in
First National Financial LP, a Canadian-based originator, underwriter and
servicer of predominantly prime residential (single family and multi-unit) and
commercial mortgages. With more than $40 billion in mortgages under
administration, First National is Canada's largest non-bank originator and
underwriter of mortgages and is among the top three in market share in the
growing mortgage broker distribution channel. For more information, please

For further information:

For further information: Rob Inglis, Chief Financial Officer, First
National Financial LP, Tel: (416) 593-1100, Email:; Camilla Bartosiewicz, Consultant, BarnesMcInerney
Inc., Tel: (416) 367-5000, Email:

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First National Financial Corporation

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