FirstFund cancels land purchase and settles debt of $77,500



    Trading Symbol: FFP

    VANCOUVER, Sept. 14 /CNW/ -

    Firstfund Cancels Agreement to Purchase Land

    Consolidated Firstfund Capital Corp. (the "Company") has determined not
to proceed with the agreement to purchase 5.17 acres of land situated in
Whatcom County, Washington from Vitality Products Inc. ("Vitality") for a
total consideration of $400,000 announced in the Company's June 8, 2007 Press
Release. Vitality is a related company managed by common directors and common
officers.

    Firstfund Settles Debt of $77,500

    The total amount of indebtedness to be settled in the Company's debt
settlement agreement with Vitality announced in the Company's June 8, 2007
Press Release has been modified. The Company has now agreed to settle
aggregate indebtedness in the amount of $77,500 by way of the issuance of
387,500 common shares in the capital of Vitality to the Company at a deemed
settlement price of $0.20 per share. The shares for debt transaction has
closed and the shares are subject to a four-month hold period that expires on
January 12, 2008.

    On behalf of the Board of
    CONSOLIDATED FIRSTFUND CAPITAL CORP.

    William N. Grant (signed)
    ---------------------------------
    William N. Grant, President & CEO

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    %SEDAR: 00002533E




For further information:

For further information: Douglas Grant, Vice President & CFO at (604)
683-6611 or info@firstfund.ca


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