SOURCE: 1st Global Financial Corporation

January 21, 2011 12:45 ET

1st Global Financial Corporation Appoints New President Johnny Bannister and John Hartnett as New Director of Ireland and European Operations

LAS VEGAS, NV--(Marketwire - January 21, 2011) - 1st Global Financial Corporation (PINKSHEETS: FGBF) announced today that it has appointed Johnny Bannister as its new President and Chief Executive Officer, and John Hartnett as Director with special responsibility for Ireland and Europe operations.

The Corporation looks forward to the immediate implementation of its business plan and to creating a substantial asset base for its operations and to create value for its shareholders in the current fiscal year.

Johnny Bannister, 61, educated at Liverpool University School of Combined Honours. Post University trained as an actor at Drama School and at the New Shakespeare Theatre. Became Chairman of Liverpool Heritage Development in the 1980's at the Royal Institution during the formulation of urban regeneration policies with local and national government and the European Union. From 1991 has been an independent consultant and political advisor to commerce, politicians and government. Public Relations interests in politics, entertainment, and electronic media. Legal Research dealing with political strategy on democratic reforms, urban regeneration, and international commerce. 

John Hartnett, 40. Experienced in Agricultural Management having achieved national recognition in innovative teaching of agricultural management practices in Ireland in the early 1990's. Joined AIB Bank in 2001 as a fully trained and qualified financial consultant providing consultancy and financial planning for individuals and corporate entities in Europe. A member of the Fianna Fail party in Ireland and a political manager for candidates for election to Government. A member of the GAA holding officer position in the national sports body in Ireland.

Anthony Saviano together with Jesse Eichmann and Oliver Gifford have left the Corporation's board of directors and no longer are associated with it.

About 1st Global Financial Corporation

1st Global Financial Corporation business plan is to finance substantial property portfolios in Europe and the USA in partnership with established property developers and institutional investors. The Corporation will be announcing in the near future further details of the acquisitions under contract.

Safe Harbor Statement: This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as FGBF or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

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