QCC Quest Capital

RNS Number:9325H
Quest Capital Corporation
21 August 2006

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1. Name of company
   Quest Capital Corp.


2. Name of director
   Michael Hannesson


3. Please state whether notification indicates that it is in respect of holding
   of the shareholder named in 2 above or in respect of a non-beneficial
   interest or in the case of an individual holder if it is a holding of that 
   person's spouse or children under the age of 18 or in respect of a 
   non-beneficial interest

   In respect of the holder in 2 above


4. Name of the registered holder(s) and, if more than one holder, the number of
   shares held by each of them (if notified)

   Michael Hannesson


5. Please state whether notification relates to a person(s) connected with the
   director named in 2 above and identify the connected person(s)

   In respect of the holder in 2 above


6. Please state the nature of the transaction. For PEP transactions please
   indicate whether general/single co PEP and if discretionary/non 
   discretionary

   Exercise of Stock Option and subsequent sale of shares arising

7. Number of shares / amount of stock acquired
   27,000 options


8. Percentage of issued class
   0.018%


9. Number of shares/amount of stock disposed
   27,000 common shares

10. Percentage of issued class
    0.018%

11. Class of security
    Common shares


12. Price per share
    Exercise price for 27,000 options was $1.51
    Sale price for the shares:
        10,000 shares at $3.00
        15,000 shares at $3.05
         2,000 shares at $3.08


13. Date of transaction
    17 August 2006 (date of sale of shares)


14. Date company informed
    21 August 2006


15. Total holding following this notification
     0


16. Total percentage holding of issued class following this notification
    NIL

    If a director has been granted options by the company please complete the
    following boxes.


17. Date of grant
    N/A


18. Period during which or date on which exercisable


19. Total amount paid (if any) for grant of the option


20. Description of shares or debentures involved: class, number


21. Exercise price (if fixed at time of grant) or indication that price is to be
    fixed at time of exercise


22. Total number of shares or debentures over which options held following this
    notification


23. Any additional information


24. Name of contact and telephone number for queries
    Sandra Lee, 604-689-1428


25. Name and signature of authorised company official responsible for making
    this notification
    Erin Needra, Canaccord Adams, 44 (0) 20 7518 2786


Date of Notification
21 August 2006




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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