TSX SYMBOL:  QC
AMEX, AIM SYMBOL:  QCC

May 6, 2008

Quest Capital to Host First Quarter 2008 Conference Call on Friday May 9

TORONTO, ONTARIO--(Marketwire - May 6, 2008) - Quest Capital Corp. (TSX:QC)(AMEX:QCC)(AIM:QCC) will
announce its first quarter 2008 financial results on Friday May 9th, 2008 before the TSX opens and
plans a conference call to follow.

The call will be hosted by A. Murray Sinclair, Co-Chair and Stephen Coffey, President and Chief
Executive Officer. It will begin at 11:00 am Eastern Standard Time on Friday May 9th, and can be
accessed by dialing (416) 915 5761.

The call will be recorded and a replay made available for one week ending Friday May 16, 2008 at
midnight. The replay can be accessed approximately one hour after the call by dialing (416) 640 1917
and entering passcode 21270939 followed by the number sign.

About Quest

Quest's expertise is in providing financing for the real estate sector with emphasis on residentially-
oriented mortgages primarily in Western Canada. Quest's objective is to become Canada's largest
Mortgage Investment Corporation in terms of equity, loans generated and profitability. The
Corporation's strategy is to deploy its financial capital at superior rates of return while minimizing
risk in the process. The three principles of Quest's investing strategy are capital preservation,
achieving an attractive yield on lending activities and profitable growth.

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

Forward Looking Statements

This press release may include certain statements that constitute "forward-looking statements", and
"forward-looking information" within the meaning of applicable securities laws ("forward-looking
statements" and "forward-looking information" are collectively referred to as "forward-looking
statements", unless otherwise stated). Such forward-looking statements involve known and unknown risks
and uncertainties that may cause our actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or implied by such forward-
looking statements. Forward-looking statements may relate to the Company's future outlook and
anticipated events or results and may include statements regarding the Company's future financial
position, business strategy, budgets, litigation, projected costs, financial results, taxes, plans and
objectives. We have based these forward-looking statements largely on our current expectations and
projections about future events and financial trends affecting the financial condition of our
business.
These forward-looking statements were derived utilizing numerous assumptions regarding expected
growth, results of operations, performance and business prospects and opportunities that could cause
our actual results to differ materially from those in the forward-looking statements. While the
Company considers these assumptions to be reasonable, based on information currently available, they
may prove to be incorrect. Forward-looking statements should not be read as a guarantee of future
performance or results. Forward-looking statements are based on information available at the time
those statements are made and/or management's good faith belief as of that time with respect to future
events, and are subject to risks and uncertainties that could cause actual performance or results to
differ materially from those expressed in or suggested by the forward-looking statements. To the
extent any forward-looking statements constitute future-oriented financial information or financial
outlooks, as those terms are defined under applicable Canadian securities laws, such statements are
being provided to describe the current potential of the Company and readers are cautioned that these
statements may not be appropriate for any other purpose, including investment decisions. Forward-
looking statements speak only as of the date those statements are made. Except as required by
applicable law, we assume no obligation to update or to publicly announce the results of any change to
any forward-looking statement contained or incorporated by reference herein to reflect actual results,
future events or developments, changes in assumptions or changes in other factors affecting the
forward-looking statements. If we update any one or more forward-looking statements, no inference
should be drawn that we will make additional updates with respect to those or other forward-looking
statements. You should not place undue importance on forward-looking statements and should not rely
upon these statements as of any other date. All forward-looking statements contained in this press
release are expressly qualified in their entirety by this cautionary notice.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Quest Capital Corp. - Contact in Canada
Stephen Coffey
President & CEO
(416) 367-8383 or Toll free: (800) 318-3094
(416) 367-4624 (FAX)
Website: www.questcapcorp.com

OR

AIM NOMAD: Canaccord Adams Limited
Ryan Gaffney
011 44 20 7050 6500

OR

AIM NOMAD: Canaccord Adams Limited
Robert Finlay
011 44 20 7050 6500

                                                                
Quest Capital Corp.



                                                                

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