Irish Government Expresses Support for 1st Global Financial Corporation

HENDERSON, Nev., Nov. 9, 2010 /PRNewswire/ -- The Board of Directors of 1st Global Financial Corporation on behalf of its shareholders welcomes the comments expressed by the representative of the Government of the Republic of Ireland. The Corporation on behalf of its shareholders is looking forward to a long and mutually beneficial relationship with the Government and people of Ireland.

The following is a link to the letter from Alan Coleman, Irish government representative: http://worldcorporateassets.com/IRISH_GOVERNMENT_LETTER.html

WE ALSO ARE TO ANNOUNCE THAT THE INFORMATION REGARDING THE PROPOSED TENDER OFFER AS OF THE DATE OF NOV. 5TH, TO BE SUBMITTED ONTO THE WEBSITES ARE ONLY TO BE SUBMITTED ONTO WORLD CORPORATE ASSETS' WEBSITE. THE 1ST GLOBAL WEBSITE IS CHANGING SERVERS, THUS, IT WILL NOT BE AVAILABLE FOR SUBMISSIONS.

http://worldcorporateassets.com/STOCK_BUYBACK_REGISTRY.html

SAFE HARBOR STATEMENT:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, without limitation: general risks affecting the real estate industry (including, without limitation, the inability to enter into or renew leases, dependence on tenants' financial condition, and competition from other developers, owners and operators of real estate); adverse economic or real estate developments or the company's target markets; risks associated with the availability and terms of financing, the use of debt to fund acquisitions and developments, and the ability to refinance indebtedness as it comes due; failure to maintain the company's investment grade credit ratings with the ratings agencies; failure to manage effectively the company's growth and expansion into new markets, or to complete or integrate acquisitions and developments successfully; reductions in asset valuations and related impairment charges; risks and uncertainties affecting property development and construction; risks associated with downturns in the national and local economies, increases in interest rates, and volatility in the securities markets. Risks associated with the company's dependence on key personnel whose continued service is not guaranteed. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This is not an invitation to purchase shares in the above company. This statement is not a precursor to a reverse split or of any proposed changes to the share structure or the float in the public market of the Corporation trading at present.

SOURCE 1st Global Financial Corporation