Firstfund reports 2010 first quarter results

Trading Symbol: FFP

VANCOUVER, May 31 /CNW/ - Consolidated Firstfund Capital Corp. is pleased to announce its results from operations for its first quarter ended March 31, 2010. The financial results of the Company for the three months ended March 31, 2010 show a net loss of $68,217 or $0.01 per share (2009 - $39,293 or $0.01 per share) on revenues of $72,316 (2009 - $85,997). No additional fee income, above and beyond the Company's monthly administration fees, was received in the first quarter of 2010. The Company's fee income was $71,654 for the three months ended March 31, 2010 (2009 - $84,785).

The Company's interim consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2010 and 2009 are available on SEDAR at www.sedar.com.

On behalf of the Board of

CONSOLIDATED FIRSTFUND CAPITAL CORP.

William N. Grant (signed)

--------------------------------

William N. Grant, President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

%SEDAR: 00002533E

SOURCE Consolidated Firstfund Capital Corp.

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


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