Aston Hill Announces Third Quarter Results

Calgary, November 23, 2007 - Aston Hill Financial Inc. (“Aston Hill”) announces it has filed the
unaudited interim consolidated financial statements for the three and nine month periods ended September 30, 2007 and related Management Discussion and Analysis with Canadian Securities Regulatory Authorities. Aston Hill is listed on the TSX Venture Exchange under the ticker symbol AHF.

Aston Hill’s net income for the nine months ending September 30, 2007 was $1.3 million. This included management fees of $0.7 million and acquisition fees of $5.0 million, offset by net operating expenses of $2.9 million and a loss from investing activities of $1.5 million.

As at September 30, 2007, Aston Hill had approximately $509 million in Assets Under Management. The following table summarizes the various investment profiles managed by Aston Hill and its subsidiaries:

Investment profile	Est. AUM ($ 000)
Oil and natural gas properties	$450,000
High yield investments	42,000
Oil and natural gas junior common and flow through shares	17,000
Total	$509,000

Aston Hill Financial Inc. is an investment manager with expertise in the junior oil and gas sector, energy-based trusts, oil and gas property management, private equity and high-yield structured products.

For further information concerning this press release, please contact:

Eric Tremblay
Chief Executive Officer
Aston Hill Financial Inc.
(403) 770-4817

Larry Titley
Chief Financial Officer
Aston Hill Financial Inc.
(403) 770-4808

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

 

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