Xceed Mortgage Issuing Fiscal 2008 Year-End Results On January 15; Conference Call at 10:00 a.m. ET

    TORONTO, Jan. 7 /CNW/ - Xceed Mortgage Corporation (TSX: XMC), a Canadian
provider of insured mortgages, today announced that it will release financial
results for its fiscal 2008 year-end and fourth-quarter results early on
Thursday, January 15, 2008 and will hold a conference call for analysts and
investors that day at 10:00 a.m. (Eastern). The company will file its year-end
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 416-644-3415 or 1-800-732-9303 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 21293707 followed by the number sign) from noon on
January 15 to 11:59 p.m. on January 22. An archived recording of the webcast
also will 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 $2.3 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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