Aston Hill Announces First Quarter 2010 Results

Calgary, Alberta, May 26, 2010:Aston Hill Financial Inc. (the "Company" or "Aston Hill”) (TSXV: AHF) announces it has filed the unaudited interim consolidated financial statements for the period ended March 31, 2010 and related Management Discussion and Analysis with Canadian Securities Regulatory Authorities.

Recurring revenues for the first quarter of 2010 were approximately $1.66 million as compared to $0.77 million in the first quarter of 2009, representing a 115% year over year increase. As of March 31, 2010, Aston Hill had approximately $1.8 Billion in Assets Under Advisory and Management (“AUM”) versus $770 million at March 31, 2009. As of May 21, 2010, AUM increased further to approximately $2.0 Billion. Despite the increase in AUM and
quarterly revenues, Aston Hill had losses for the three months ending March 31, 2010 of $1.0 million. These losses were primarily due to the decrease in the valuation of Aston Hill’s long term oil and gas investments resulting from the sharp downturn in commodity price futures since December 31, 2009.

The Company also gives notice that at the Annual General & Special Meeting of the Corporation held on May 25, 2010, the shareholders appointed the following persons to the Board of Directors:

• Mr. Andre Bineau (audit committee, governance, nomination & compensation committee);
• Mr. Ben Cheng;
• Dr. Eldon Smith (audit committee, governance, nomination & compensation committee);
• Mr. Eric Tremblay;
• Mr. Jean-Guy Lambert (audit committee);
• Mr. Scott Butler (governance, nomination & compensation committee); and
• Mr. David Scandiffio (governance, nomination & compensation committee).

At the Board of Directors Meeting following the annual meeting, the following appointments were made:

• Eric Tremblay, Chief Executive Officer and Chairman of the Board;
• Ben Cheng, President;
• Larry Titley, Vice President and Chief Financial Officer;
• Joanne Hruska, Vice President, Portfolio Management;
• Derek Slemko, Vice President, Business Development and Controller;
• Theresa Devost, Corporate Secretary.

Aston Hill is an asset management company with expertise in income products, energy investments and oil and gas property management. Aston Hill has offices in Calgary and Toronto.

For further information concerning this press release, please contact:

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

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

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

Forward-Looking Statements: This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or
making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

For a detailed description of the risks and uncertainties facing Aston Hill and its business and affairs, readers should refer to Aston Hill’s interim and annual financial statements and management discussion and analysis which are available at www.sedar.com. Aston Hill undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change, unless required by law. The reader is
cautioned not to place undue reliance on forward-looking statements.

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