ASTON HILL ANNOUNCES THIRD QUARTER 2010 RESULTS

CALGARY, Nov. 25 /CNW/ - Aston Hill Financial Inc. (the "Company" or "Aston Hill") (TSXV: AHF) announces it has filed the unaudited interim consolidated financial statements for the period ended September 30, 2010 and related Management Discussion and Analysis with Canadian securities regulatory authorities. 

During the quarter, the Company is very pleased to report that it received record revenues of $2.65 million; representing a 161% increase over the revenues received for the same quarter in 2009 and a 30% increase over the revenues received in the second quarter of 2010.   This resulted in free cash flow from operations of over $1.11 million for the third quarter.  Net income before tax for the period was $371,563, which compares very favourably to the $74,694 loss suffered in the third quarter of 2009, yet was lower than net income reported for the second quarter of 2010 as a result of non-recurring items of $768,000 associated primarily with a non-cash decrease in the valuation of the Company's long-term oil and gas investment and with expenses related to the acquisition of Navina Asset Management Inc. 

Assets Under Management and Advisory ("AUM") continued to grow during the period, climbing from $2.04 Billion at June 30, 2010 to $2.55 Billion at September 30, 2010. As of November 22, 2010, AUM is estimated to have grown further to $2.72 Billion, as a result of continued positive net sales and market growth of the funds under Aston Hill management and advisory.

Subsequent to the third quarter, the Company paid a special cash dividend of $0.02 per common share on November 5, 2010 to all Aston Hill shareholders of record on October 22, 2010.

Aston Hill is an asset management company with expertise in income generating products, energy investments and oil and gas property management. Aston Hill has offices in Calgary and Toronto.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

Forward-Looking Statements: This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release.  Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

For a detailed description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's annual audited financial statements and management discussion and analysis for the year ended December 31, 2009, both of which are available at www.sedar.com.  The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking statements.

For further information:

Eric Tremblay Chief Executive Officer Aston Hill Financial Inc. [phone]

Larry Titley       Vice President and CFO     Aston Hill Financial Inc.        [phone]