QCC Quest Capital

    FOR:  QUEST CAPITAL CORP.

TSX SYMBOL:  QC
AMEX, AIM SYMBOL:  QCC

November 29, 2006

Quest Announces Appointment of Chief Operating Officer

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 29, 2006) - Quest Capital Corp. ('Quest' or the
'Company') (TSX:QC)(AMEX:QCC)(AIM:QCC) is pleased to announce that seasoned mortgage banker, Kenneth
Gordon, has joined the Company as Chief Operating Officer ("COO"). Mr. Gordon has over 30 years of
Canadian and international mortgage lending experience, including, five years (2001-2006) as Vice
President of MCAP (Caisse de depot et placement du Quebec), where he was responsible for all interim
and construction mortgage lending; and eight years (1993-2001) as Vice President of Mortgage
Investments and then President of Aylmer & Sherbrooke Investments Inc., which is the fully owned
mortgage corporation of the McGill University Pension Fund.

Mr. Gordon has served on the executive committee of the Mortgage Bankers Association of America and
has a mortgage broker's license both in Quebec and British Columbia. He has also served as a director
for the Quebec chapter of the Appraisal Institute of Canada and as Vice Chairman of the Saskatchewan
section of the Trust Companies Association of Canada. In addition, he holds a CRE designation from the
Counsellors of Real Estate, a CRA designation from the Appraisal Institute of Canada and a FRICS
designation from the Royal Institute of Chartered Surveyors.

In his new position, Mr. Gordon will be responsible for managing the Company's real estate lending
operations and the expansion of Quest's mortgage lending activities.

"I am delighted that Ken has agreed to join Quest in this newly created COO executive role," said
Company Chairman, Robert Buchan. "The driving force behind Quest's growth is its mortgage lending
business and this appointment strengthens our senior management team as we diversify geographically
and expand our scope of operations. Ken's proven leadership, national development experience and
relationships within the mortgage lending business will further enable us to capitalize on growth
opportunities."

About Quest

Quest Capital Corp. is a merchant bank that focuses on providing financial services, specifically
mortgages and bridge loans. Quest's primary expertise is providing asset backed loans to companies in
real estate, manufacturing and resource sectors. Quest complements its lending business by providing
corporate finance services through its wholly owned subsidiary, Quest Securities Corporation.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are forward-looking statements
that involve various risks and uncertainty affecting the business of Quest. Actual results realized
may vary materially from the information provided in this release. As a result, there is no
representation by Quest that actual results realized in the future will be the same in whole or in
part as those presented herein.



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FOR FURTHER INFORMATION PLEASE CONTACT:

Quest Capital Corp.
A. Murray Sinclair
Managing Director
(604) 689-1428 or Toll Free: (800) 318-3094
(604) 681-4692 (FAX)

OR

Quest Capital Corp.
Mark Monaghan
Vice President
(416) 367-8383
Website: www.questcapcorp.com

                                                                
Quest Capital Corp.



                                                                

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