Xceed Mortgage Issuing Fiscal 2010 First-Quarter Results On March 11,
Conference Call at 10:00 a.m. ET; Webcasting Annual General Meeting, March 11
at 2:00 p.m.

TORONTO, March 4 /CNW/ - Xceed Mortgage Corporation (TSX: XMC), a Canadian provider of insured mortgages, today announced that it will release its fiscal 2010 first-quarter financial results early on Thursday, March 11, 2010 and will hold a conference call for analysts and investors that day at 10:00 a.m. (Eastern). The company will file its fiscal 2010 first-quarter news release, financial statements, and Management Discussion and Analysis with SEDAR and these documents will be available on the Xceed's website prior to the conference call.

Ivan Wahl, Chairman and Chief Executive Officer, and Karen L. Martin, President and Chief Financial Officer, will be available to answer questions during the call.

To participate in the call, please dial 647-427-7450 or 1-888-231-8191 at least five minutes prior to the start of the call.

A live audio webcast of the conference call will be available at http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2988920 and www.xceedmortgage.com.

An archived recording of the call will be available at 416-849-0833 or 1-800-642-1687 (Passcode 60885796 followed by the number sign) from 1:00 p.m. on March 11 to 11:59 p.m. on March 18. An archived recording of the webcast also will be available at Xceed's website.

The company also will provide a live audio webcast of its Annual General Meeting of Shareholders on March 11, beginning at 2:00 p.m. (Eastern). The meeting will be held at The Gallery of the Broadcast Centre of the Toronto Stock Exchange, 130 King Street West, Toronto. Mr. Wahl will make a brief presentation on the company's performance, current operations, and outlook. The webcast will be available at http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2988700 and www.xceedmortgage.com.

About Xceed Mortgage

Xceed Mortgage Corporation, based in Toronto, is a Canadian provider of insured residential mortgages that it originates in Canada. The company has approximately $1.9 billion of mortgages and other assets under administration. Xceed's shares are traded on the Toronto Stock Exchange (TSX: XMC). To find out more about Xceed Mortgage Corporation, visit our website at www.xceedmortgage.com.

For further information: please contact Investor and Media Relations: Richard Wertheim, Wertheim + Company Inc., [phone] ext. 223 or [phone] cell, Email: [email protected]