Jaguar announces results of annual and special meeting of shareholders

TORONTO, June 30 /CNW/ - Jaguar Financial Inc. ("Jaguar") (TSX: JFI.TO) announced the election of the following Directors at its annual and special meeting of shareholders held today: Vic Alboini, Doug Fowler, Joe Panetta, and Richard Pinkerton.

The shareholders also approved a transaction which, once completed, will result in Jaguar being governed by the Business Corporations Act (Ontario) (the "Continuance"). In connection with the Continuance, Jaguar's name will change to "Jaguar Financial Corporation" and its TSX trading symbol will become JFC. The Continuance is expected to close on July 2, 2008, and the change of TSX trading symbol to be effective on or about Monday July 7, 2008. For more information regarding the Continuance, please refer to the management information circular dated June 2, 2008.

About Jaguar

Jaguar is a Canadian merchant bank that invests in undervalued small capitalization companies in a variety of industry sectors.

The Toronto Stock Exchange does not accept responsibility for the

adequacy or accuracy of this news release. This news release may contain

certain forward looking statements which involve known and unknown risks,

delays, and uncertainties not under Jaguar's control which may cause

actual results, performances or achievements of Jaguar to be materially

different from those implied by such forward looking statements.

Contacts

Kyler Wells
General Counsel
(416) 644-8177