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Press release from CNW Group

Firm Capital Mortgage Investment Corporation announces monthly cash dividends

Thursday, May 17, 2012

Firm Capital Mortgage Investment Corporation announces monthly cash dividends14:55 EDT Thursday, May 17, 2012TORONTO, May 17, 2012 /CNW/ - Firm Capital Mortgage Investment Corporation ( MIC") (TSX: FC), announced its monthly cash dividend of $0.078 per share (subject to adjustment in the discretion of the board of directors) payable to shareholders of record as follows:Record Date  May 31, 2012   June 30, 2012   July 31, 2012   Dividend PayableJune 15, 2012July 16, 2012August 15, 2012The MIC, through its Mortgage Banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate finance, including construction, mezzanine and equity investments. The MIC's investment objective is the preservation of Shareholders' Equity, while providing Shareholders with a stable stream of monthly dividends from investments. The MIC achieves its investment objectives by pursuing a strategy of growth through investments in selected niche markets that are under-serviced by large lending institutions. Lending activities to date continue to develop a diversified mortgage portfolio, producing a stable return to Shareholders. For more information, please visit www.firmcapital.comFor further information: Eli Dadouch President & Chief Executive Officer (416) 635-0221 www.firmcapital.com