Firstfund reports 2007 third quarter results

Trading Symbol: FFP

VANCOUVER, Nov. 16 /CNW/ - Consolidated Firstfund Capital Corp. is pleased to announce its financial results from operations for its third quarter ended September 30, 2007. The Company earned $166,313 or $0.03 per share for the three months ended September 30, 2007 (2006 - a loss of $11,444 or $0.00 per share). The Company's fee income was $111,125 for the three months ended September 30, 2007 (2006 - $119,912). During the period the Company realized a gain of $98,559 (2006 - $0) on the sale of an investment.

The Company's interim consolidated financial statements and management's discussion and analysis for the nine months ended September 30, 2007 are available on SEDAR at www.sedar.com.

On behalf of the Board of

CONSOLIDATED FIRSTFUND CAPITAL CORP.

William N. Grant (signed)

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William N. Grant, President & CEO

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this release.

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