Quest Capital Corp.: Grant of Options to Director

    FOR:  QUEST CAPITAL CORP.

TSX SYMBOL:  QC
AMEX, AIM SYMBOL:  QCC

January 24, 2008

Quest Capital Corp.: Grant of Options to Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2008) - Quest Capital Corp. ('Quest' or the 'Company')
(TSX:QC)(AMEX:QCC)(AIM:QCC) announces that as part of the appointment of Stephen C. Coffey as the Company's
President and Director effective January 1, 2008, announced on December 13, 2007, he was granted 1,200,000
options exercisable at $2.70 each.

About Quest

Quest's expertise is providing mortgages in the real estate sector. Quest's objective is to become Canada's
largest Mortgage Investment Corporation in terms of (i) equity, (ii) loans generated and (iii) profitability.


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FOR FURTHER INFORMATION PLEASE CONTACT:

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

OR

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

OR

Quest Capital Corp. - Contact in London
AIM NOMAD: Canaccord Adams Limited
Erin Needra
Email: erin.needra@canaccordadams.com

OR

Quest Capital Corp. - Contact in London
AIM NOMAD: Canaccord Adams Limited
Robert Finlay
Email: robert.finlay@canaccordadams.com

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Quest Capital Corp.

Quest Capital (LSE:QCC)
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