Forum National Investments Reports Record Revenues and Earnings for 2008

VANCOUVER, BC, May 19 (MARKET WIRE) --
Forum National Investments Ltd. (FNI) (OTCBB: FMNLF) today reported its
financial results for the year ended September 30, 2008. (All figures in
Canadian dollars.)

For the year ended September 30, 2008, FNI reported revenues of $
9,417,264 and net income of $ 2,302,438, respectively. For the nine month
period ended September 20, 2007, FNI reported nine month revenues and net
income of $ 2,572,638 and $ (2,212,467), respectively. The company
changed its year end to September 30 in 2008. (See table below.)

"The rebound in our financial results was strong, due to the performance
of our Life Settlements portfolio, which generated over $ 5.7 million in
revenues in our first full year," said Dan Clozza, President and CEO, FNI.
"Our Travel Club Membership unit also performed well, despite a severe
downturn in economic activity, with revenues growing to $ 3.7 million,
thanks largely to the acquisition of Family Vacation Centers in 2008."

Mr. Clozza added, "We continue to concentrate our resources -- both
financial and management -- on building our Life Settlement portfolio, in
which many potential promising opportunities continue to surface as a
result of the worldwide financial crisis."

About FNI:

Forum National Investments Ltd. (http://www.foruminvestments.com/) is a
publicly held company currently trading on the OTCBB under the symbol
FMNLF. Our primary business revolves around developing consumer driven
organizations designed to enhance lifestyles. The company's Life
Settlement operations in the United States are conducted through its
wholly owned subsidiary, The American Life Settlements. (ALSS)
http://www.thealss.com/.

For further information contact: Dan Clozza 604-806-6098

The information contained in this news release, other than historical
information, consists of forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 21E of the Exchange Act.
These statements may involve risks and uncertainties that could cause
actual results to differ materially from those described in such
statements. Although Forum believes that the expectations reflected in
such forward-looking statements are reasonable, it can give no assurance
that such expectations will prove to have been correct. Important factors,
including general economic conditions, spending levels and other factors
could cause actual results to differ materially from Forum's expectations.

FORUM NATIONAL INVESTMENTS LTD.
Consolidated Statements of Operations, Comprehensive Income (Loss) and
Deficit
(Expressed in Canadian dollars)

Nine-month
Year Ended Period Ended Year Ended
September 30, September 30, December 31,
2008 2007 2006
------------- ------------- -------------

Revenues
Life settlement, net $ 5,700,110 $ - $ -
Membership and travel 3,593,847 2,320,916 3,546,965
Interest 106,364 149,275 53,251
Miscellaneous 16,943 102,447 477,482
------------- ------------- -------------
9,417,264 2,572,638 4,077,698
------------- ------------- -------------

Expenses
Wages 3,060,503 3,437,026 1,081,049
General and administration 2,259,454 761,610 1,425,227
Bad debt expense 394,386 - -
Commission costs 319,488 518,363 687,784
Amortization of property and
equipment 86,078 68,106 7,830
Amortization of purchased
memberships 681,350 - -
------------- ------------- -------------
6,801,259 4,785,105 3,201,890
------------- ------------- -------------

Other Expenses
Loss on sale-lease back of
vehicle 45,040 - -
Write off of access rights
to wholesale priced
condo accommodation 27,052 - -
Write-down of Needles
project 250,876 - -
------------- ------------- -------------
322,968 - -
------------- ------------- -------------

Income/(Loss) Before Income
Taxes 2,293,037 (2,212,467) 875,808
Income Taxes Recovery
(Expense) 9,401 - (453)
------------- ------------- -------------

Net Income (Loss) and
Comprehensive
Income (loss) for Period 2,302,438 (2,212,467) 875,355
Deficit, Beginning of Period (14,213,086) (12,000,619) (12,664,990)
Excess of purchase price over
net asset - - (210,984)
------------- ------------- -------------
Deficit, End of Period $ (11,910,648) $ (14,213,086) $ (12,000,619)
============= ============= =============

Basic earnings (loss) per
share $ 0.08 $ (0.20) $ 0.17
Diluted earnings (loss) per
share $ 0.03 $ (0.20) $ 0.17
============= ============= =============

Contact:
For further information contact:
Dan Clozza
604-806-6098

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