Firstfund reports 2009 second quarter results

    Trading Symbol: FFP

    VANCOUVER, Aug. 31 /CNW/ - Consolidated Firstfund Capital Corp. is
pleased to announce its results from operations for its second quarter ended
June 30, 2009. The financial results of the Company for the three months ended
June 30, 2009 show a loss of $57,022 or $0.01 per share (2008 - $106,666 or
$0.02 per share) on revenues of $80,137 (2008 - $74,050). No additional fee
income, above and beyond the Company's monthly administration fees, was
received in the second quarter of 2009. The Company's fee income was $79,068
for the three months ended June 30, 2009 (2008 - $70,073).
    The Company's interim consolidated financial statements and management's
discussion and analysis for the six months ended June 30, 2009 are available
on SEDAR at

    On behalf of the Board of

    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

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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