Firstfund reports 2007 third quarter results

    Trading Symbol: FFP

    VANCOUVER, Nov. 16 /CNW/ - Consolidated Firstfund Capital Corp. is
pleased to announce its financial results from operations for its third
quarter ended September 30, 2007. The Company earned $166,313 or $0.03 per
share for the three months ended September 30, 2007 (2006 - a loss of $11,444
or $0.00 per share). The Company's fee income was $111,125 for the three
months ended September 30, 2007 (2006 - $119,912). During the period the
Company realized a gain of $98,559 (2006 - $0) on the sale of an investment.
    The Company's interim consolidated financial statements and management's
discussion and analysis for the nine months ended September 30, 2007 are
available on SEDAR at

    On behalf of the Board of

    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

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Consolidated Firstfund Capital Corp.

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