Xceed Mortgage Issuing Fiscal 2010 Second-Quarter Results On June 10,
Conference Call at 10:00 a.m. ET

TORONTO, June 4 /CNW/ - Xceed Mortgage Corporation (TSX: XMC), a Canadian provider of insured mortgages, today announced that it will release financial results for its fiscal 2010 second-quarter results early on Thursday, June 10, 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 second-quarter news release, unaudited 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.

Michael Jones, President and Chief Operating Officer, and Jeff Bouganim, 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=3101780 and www.xceedmortgage.com.

An archived recording of the call will be available at 416-849-0833 or 1-800-642-1687 (Passcode 79263991 followed by the number sign) from 1:00 p.m. on June 10 to 11:59 p.m. on June 17. An archived recording of the webcast also will be available at Xceed's website.

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 $1.8 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 (416-518-8479 cell), Email: [email protected]