QCC Quest Capital

    FOR:  QUEST CAPITAL CORP.

TSX SYMBOL:  QC
AIM, AMEX SYMBOL:  QCC

October 28, 2008

Quest Capital Corp. to Host Third Quarter 2008 Conference Call on Friday November 7

TORONTO, ONTARIO--(Marketwire - Oct. 28, 2008) - Quest Capital Corp. (TSX:QC)(AIM:QCC)(AMEX:QCC) will announce
its third quarter 2008 financial results on Friday November 7, 2008 before the TSX opens and plans a conference
call to follow.

The call will be hosted by Stephen Coffey, President and Chief Executive Officer. It will begin at 11:00 a.m.
Eastern Standard Time on Friday, November 7th, 2008 and can be accessed by dialing (416) 644-3415.

The call will be recorded and a replay made available for one week ending Friday, November 14, 2008 at
midnight. The replay can be accessed, about one hour after the call, by dialing (416) 640-1917 and entering
passcode 21284493 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.


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FOR FURTHER INFORMATION PLEASE CONTACT:

Quest Capital Corp. - Contact in Canada
Stephen Coffey
President & CEO
(416) 367-8383
(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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