CONSOLIDATED HCI HOLDINGS CORPORATION ANNOUNCES ITS 2010 ANNUAL AND FOURTH
QUARTER RESULTS

WOODBRIDGE, ON, Dec. 14 /CNW/ - Consolidated HCI Holdings Corporation (the "Company") today announced its annual and fourth quarter results for fiscal 2010. The results, segregating discontinued operations as a result of previously announced and now completed asset sales are as follows:

		3 months ended September 30			12 months ended September 30
		2010		2009	2010		2009
		($000's)			($000's)
Continuing operations
	Revenue	$3,118	$9,970		$18,650	$38,712
Net earnings for the year from continuing operations		$2,424	$  605		$4,213	$ 3,800
Earnings for the year from discontinued operations, net of income taxes		-	60		-	67
Net earnings for the year		$2,424	$665		$4,213	$ 3,867
Earnings per share from:
	Continuing operations	$0.12	$        0.03		$0.20	$        0.19
	Discontinued operations	-	-		-	-
		$0.12	$        0.03		$0.20	$        0.19

Consolidated HCI Holdings Corporation is an Ontario-based real estate and development company that trades on The Toronto Stock Exchange under the symbol "CXA.B"

For further information:

please contact
Mr. Arnold J. Resnick, CFO
905-851-7741 (106)