QCC Quest Capital

    FOR:  QUEST CAPITAL CORP.

TSX SYMBOL:  QC
AMEX, AIM SYMBOL:  QCC

March 6, 2006

Quest Reports its Financial Results for 2005

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 6, 2006) - Quest Capital Corp. ('Quest' or the
'Company') (TSX:QC)(AMEX:QCC)(AIM:QCC) is pleased to announce its unaudited consolidated financial
results for the year ended December 31, 2005.

HIGHLIGHTS

- Unaudited earnings before taxes of $17.2 million ($0.17 per share) or after tax net earnings of
$23.6 million ($0.23 per share);

- Loan portfolio increased 63% in 2005 to $124.6 million, as compared to $76.2 million as at December
31, 2004;

- Total loans arranged in 2005 were $173.7 million, of which the Company funded $116.8 million;

- Net Assets increased in 2005 by 78% to $177.6 million, as compared to $99.5 million as at December
31, 2004.

For the year ended December 31, 2005 the Company had unaudited net earnings of $23.6 million ($0.23
per share), as compared to net earnings of $12.7 million ($0.14 per share) in 2004 and a net loss of
$1.4 million ($0.02 per share) in 2003. The Company has concluded the likely realization of a portion
of its unused tax losses from future earnings, as required by Canadian generally accepted accounting
principles earnings have been positively impacted by the recognition of a future tax recovery and
future tax asset of $6.4 million.

Interest and related fees earned from the Company's loan portfolio have grown by 59% in 2005 with only
a 17% increase in operating costs (excluding expenses related to resource operations) as compared to
2004. In 2005, fees realized from the corporate finance activities increased by 90% to $4.2 million as
compared to 2004. As at December 31, 2005, the composition of the loan portfolio was 89% real estate
mortgages, 6% in the energy sector, and 5% in other types of companies. In addition, the Company had
$33.7 million of cash at year end and subsequently received additional cash of $13.3 million from the
exercise of warrants.

Additional highlights for 2005 include the announcement of a C$0.03 semi-annual dividend per share,
equity financings of approximately $56 million, a listing on AMEX and the admission to the AIM market
of the London Stock Exchange subsequent to year end.

Managing partner, A. Murray Sinclair said, "In 2005, the Company reported strong growth in revenues
and earnings, and we are confident that this will continue into 2006. To support this growth we made
strategic additions in management, adding considerable depth to our team."

2005 Financial Statements and MD&A

The complete reports of the Company's audited consolidated financial statements and related notes for
the year ended December 31, 2005, 2004 and 2003, together with Management's Discussion and Analysis of
financial conditions are expected to be filed on sedar on or before March 14, 2006.

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 of between
$1,000,000 and $35,000,000 to operations in real estate, manufacturing, mining and energy. 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: 1-800-318-3094

OR

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

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Quest Capital Corp.



                                                                

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