Wall Financial Corporation - News Release

    VANCOUVER, June 3 /CNW/ - Effective June 3, 2008, Mr. Terry Sumner has
resigned as a Director of Wall Financial Corporation.

    Wall Financial Corporation is a B.C. based real estate company active in
the development and management of residential rental apartments, development
and construction of residential housing for resale, and the development and
management of hotel properties.

    The Toronto Stock Exchange does not accept responsibility for the
    adequacy and accuracy of this release. The Toronto Stock Exchange has
    neither approved nor disapproved of the contents of this release.

    Bruno Wall

    The TSX has not reviewed and does not accept responsibility for the
    adequacy or accuracy of this release.

    %SEDAR: 00002080E

For further information:

For further information: Bruno Wall, President, WALL FINANCIAL
CORPORATION (TSX:WFC), 3502 - 1088 Burrard Street, Vancouver, British
Columbia, V6Z 2R9, (604) 893-7131

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