Quest Capital Corp.: A Director and Friend Passes Away

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Tue May 20, 2008 9:31am EDT 

  VANCOUVER, BRITISH COLUMBIA, May 20 (MARKET WIRE) -- 
 Quest Capital Corp. ("Quest" or the "Company") (TSX: QC)(AMEX: QCC)(AIM:
QCC) announced today, with deep regret, that it has been informed of the
passing away of their friend and colleague, Michael Hannesson.

    Michael was instrumental in helping Quest achieve its goals during his
tenure as a Director of the Company which commenced in 2004. Michael was
a Chartered Accountant (British Columbia) and served as Chairman of
Quest's Credit Committee and, previously, its Audit Committee. His
guidance and financial wisdom was greatly appreciated by all who he came
into contact with, but most especially by the Management and Board of
Quest. He will be sorely missed. We wish to express our condolences to
Michael's family.

    About Quest

    Quest's expertise is in providing financing for the real estate sector
with emphasis on residentially oriented mortgages primarily in Western
Canada.

    For more information about Quest, please visit our website
(www.questcapcorp.com) or SEDAR (www.sedar.com).

Contacts:
Quest Capital Corp. - Contact in Canada
A. Murray Sinclair
Co-Chairman
(604) 68-QUEST, (604) 687-8378 or Toll Free: 1-800-318-3094
(604) 682-3941 (FAX)

Quest Capital Corp. - Contact in Canada
Stephen Coffey
President & CEO
(416) 367-8383
(416) 367-4624 (FAX)
Website: www.questcapcorp.com

Quest Capital Corp. - Contact in London
AIM NOMAD: Canaccord Adams Limited
Ryan Gaffney
011.44.20.7050.6500

Quest Capital Corp. - Contact in London
AIM NOMAD: Canaccord Adams Limited
Robert Finlay
011.44.20.7050.6500

Copyright 2008, Market Wire, All rights reserved.

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