Aston Hill announces third quarter results

    CALGARY, Nov. 23 /CNW/ - Aston Hill Financial Inc. ("Aston Hill")
announces it has filed the unaudited interim consolidated financial statements
for the three and nine month periods ended September 30, 2007 and related
Management Discussion and Analysis with Canadian Securities Regulatory
Authorities. Aston Hill is listed on the TSX Venture Exchange under the ticker
symbol AHF.
    Aston Hill's net income for the nine months ending September 30, 2007 was
$1.3 million. This included management fees of $0.7 million and acquisition
fees of $5.0 million, offset by net operating expenses of $2.9 million and a
loss from investing activities of $1.5 million.
    As at September 30, 2007, Aston Hill had approximately $509 million in
Assets Under Management. The following table summarizes the various investment
profiles managed by Aston Hill and its subsidiaries:

    Investment profile                                       Est. AUM ($ 000)
    Oil and natural gas properties                                  $450,000
    High yield investments                                            42,000
    Oil and natural gas junior common and flow through shares         17,000
    Total                                                           $509,000

    Aston Hill Financial Inc. is an investment manager with expertise in the
junior oil and gas sector, energy-based trusts, oil and gas property
management, private equity and high-yield structured products.

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

For further information:

For further information: Eric Tremblay, Chief Executive Officer, Aston
Hill Financial Inc., (403) 770-4817; Larry Titley, Vice President and CFO,
Aston Hill Financial Inc., (403) 770-4808

Organization Profile

Aston Hill Financial Inc.

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