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EGI Financial Reports Filing Restated 2009 Financial Statements to Reflect Change in Accounting Policy Requiring Amendments to

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^{Published in Business and Finance on Thursday, June 18th 2009 at 10:17 GMT, Last Modified on 2009-06-18 10:18:13 by Market Wire}  

 TORONTO, June 18 /CNW/ - EGI Financial Holdings Inc. (TSX:EFH) today announced that it has filed restated interim financial statements and MD&A for the first quarter ended March 31, 2009. The restatement of these financial statements of EGI Financial is a result of a change in the company's accounting policy relating to reserves for its motorcycle business which requires retrospective application and notation. Accordingly, the restatement did not affect results for the first quarter ended March 31, 2009, other than notes and comparative statements for the same period in 2008. The restated financial statements and MD&A may be accessed at [ www.sedar.com ]. About EGI Financial ------------------- Founded in 1997, EGI Financial operates in the property and casualty insurance industry in Canada and the United States, primarily focusing on non-standard automobile insurance and other niche and specialty general insurance products. EGI Financial's common shares are traded on the Toronto Stock Exchange under the symbol EFH. %SEDAR: 00022868E 

For further information: Douglas E. McIntyre, Chief Executive Officer, EGI Financial Holdings Inc., Telephone: (905) 214-7880