Jaguar announces results of annual and special meeting of shareholders

    TORONTO, June 30 /CNW/ - Jaguar Financial Inc. ("Jaguar") (TSX: JFI)
announced the election of the following Directors at its annual and special
meeting of shareholders held today: Vic Alboini, Doug Fowler, Joe Panetta, and
Richard Pinkerton.
    The shareholders also approved a transaction which, once completed, will
result in Jaguar being governed by the Business Corporations Act (Ontario)
(the "Continuance"). In connection with the Continuance, Jaguar's name will
change to "Jaguar Financial Corporation" and its TSX trading symbol will
become JFC. The Continuance is expected to close on July 2, 2008, and the
change of TSX trading symbol to be effective on or about Monday July 7, 2008.
For more information regarding the Continuance, please refer to the management
information circular dated June 2, 2008.

    About Jaguar

    Jaguar is a Canadian merchant bank that invests in undervalued small
capitalization companies in a variety of industry sectors.

    The Toronto Stock Exchange does not accept responsibility for the
    adequacy or accuracy of this news release. This news release may contain
    certain forward looking statements which involve known and unknown risks,
    delays, and uncertainties not under Jaguar's control which may cause
    actual results, performances or achievements of Jaguar to be materially
    different from those implied by such forward looking statements.

    %SEDAR: 00002498E

For further information:

For further information: Kyler Wells, General Counsel, (416) 644-8177

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