FOR:  QUEST CAPITAL CORP.

TSX SYMBOL:  QC
AMEX, AIM SYMBOL:  QCC

April 29, 2008

Quest Capital Corp.: Notice of Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2008) - NOTICE IS HEREBY GIVEN THAT an annual and special
general meeting (the "Meeting") of the holders of common shares ("Shares") of Quest Capital Corp. (the
"Company") (TSX:QC)(AMEX:QCC)(AIM:QCC) will be held at TSX Broadcast Centre, The Exchange Tower, 130 King
Street West, Toronto, ON M5X 1J2 on Tuesday, May 27, 2008, at the hour of 2:30 pm, Toronto time, for the
following purposes:

1. To receive the annual consolidated financial statements together with the auditors' report thereon for the
Company's financial year ended December 31, 2007;

2. To elect directors for the ensuing year;

3. To appoint the auditors for the ensuing year, and to authorize the directors to fix the remuneration to be
paid to, and the terms of engagement of, the auditors;

4. To consider and, if thought fit, to pass a special resolution approving certain amendments to the Company's
Articles of Continuance, as more fully described in the accompanying management proxy circular;

5. To consider and, if thought fit, to pass an ordinary resolution approving the repeal of the Company's By-law
Number 1 and the adoption of the Company's By-law Number 2, as more fully described in the accompanying
management proxy circular; and

6. To transact such other business as may properly come before the Meeting and any adjournment(s) or
postponement(s) thereof.

The following documents will be mailed on April 29, 2008, and pursuant to Rule 26 of the AIM Rules for
Companies, will also be made available on the Company website www.questcapcorp.com on that date:

1. Notice of Meeting;

2. Management Proxy Circular;

3. Proxy; and

4. Request for financial statements.

The Company's Annual Report will also be mailed to the registered shareholders and those shareholders who have
returned the Request for Financial Statements. The Annual Report will also be made available on the Company
website.

BY ORDER OF THE BOARD

Stephen C. Coffey, President and Chief Executive Officer

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).


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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
(604) 687-8378 (FAX)

OR

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

OR

Quest Capital Corp. - Contacts in London
AIM NOMAD: Canaccord Adams Limited
Ryan Gaffney or Robert Finlay
011.44.20.7050.6500

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Quest Capital Corp.



                                                                

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