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Xceed Mortgage to Issue Fiscal 2011 Second-Quarter Results on June 9, 2011

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TORONTO, May 31, 2011 /CNW/ - Xceed Mortgage Corporation (TSX: XMC), a Canadian provider of insured residential mortgages, today announced that it will release financial results for its fiscal 2011 second-quarter on Thursday, June 9, 2011 prior to the market open.

The company will file its fiscal 2011 second-quarter news release, financial statements and Management Discussion and Analysis with SEDAR and these documents will be available on Xceed's website.

Michael Jones, President and CEO, and Jeff Bouganim, Chief Financial Officer, will be available on Thursday to respond to investor inquiries.

About Xceed Mortgage
Xceed Mortgage Corporation, based in Toronto, is a Canadian provider of insured residential mortgages that it originates in Canada. The company has approximately $1.5 billion of mortgages and other assets under administration. Xceed's shares are traded on the Toronto Stock Exchange (TSX: XMC). To find out more about Xceed Mortgage Corporation, visit our website at [ www.xceedmortgage.com ].