Xceed Mortgage Issuing Fiscal 2008 Second-Quarter Results On June 12; Conference Call at 10:00 a.m. ET

    TORONTO, June 5 /CNW/ - Xceed Mortgage Corporation (TSX: XMC), a Canadian
provider of insured mortgages, today announced that it will release financial
results for its fiscal 2008 second-quarter results early on Thursday June 12,
2008 and will hold a conference call for analysts and investors that day at
10:00 a.m. (Eastern). The company will file its second-quarter news release,
financial statements, and Management Discussion and Analysis with SEDAR and
these documents will be available on the Xceed's website prior to the
conference call.
    Ivan Wahl, Chairman and Chief Executive Officer, and Karen L. Martin,
President and Chief Financial Officer, will be available to answer questions
during the call.
    To participate in the call, please dial 416-644-3417 or 1-800-731-6941 at
least five minutes prior to the start of the call.
    A live audio webcast of the conference call will be available at
www.newswire.ca and www.xceedmortgage.com.
    An archived recording of the call will be available at 416-640-1917 or
1-877-289-8525 (Passcode 21273316 followed by the number sign) from noon on
June 12 to 11:59 p.m. on June 19. An archived recording of the webcast will
also be available at Xceed's website.

    About Xceed

    Xceed Mortgage Corporation, based in Toronto, is a Canadian provider of
insured residential mortgages that it originates in Canada. The company has
approximately $2.5 billion of mortgages and other assets under administration.
Xceed's shares are traded on the Toronto Stock Exchange (TSX: XMC). To find
out more about Xceed Mortgage Corporation, visit our website at

For further information:

For further information: Investor and Media Relations: Richard Wertheim,
Wertheim + Company Inc., (416) 594-1600 or (416-518-8479 cell),

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XCEED Mortgage Corporation

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