Press Release & News


FOR IMMEDIATE RELEASE


ABODE MORTGAGE CORPORATION ANNOUNCES THE APPOINTMENT OFALISTAIR D. TAYLOR, B.A LLB AS PRESIDENT

Vancouver, BC – April 16, 2008 – Abode Mortgage Corporation (TSX-V: ABD) a residential mortgage lender, today announced that Alistair D. Taylor has joined the company as President. In his
role, Mr. Taylor will be responsible for key strategic areas of the operating company.

Mr. Taylor has over 25 years experience practicing law in the U.K. and Canada. He has extensive experience in the areas of banking and commercial lending security, mortgages and mortgage fraud,
foreclosures and collections, as well as contract drafting and interpretation. Mr. Taylor holds a Bachelor of Arts and a Bachelor of Laws from Queen’s University.

“I am delighted to welcome Alistair Taylor to Abode Mortgage Corporation” said Mike Linehan, Chief Executive Officer. “Alistair brings a high level of experience that will greatly assist the operating
company in all key strategic areas. In addition, Mr. Taylor’s legal background will provide Abode Mortgage Corporation with valuable internal counsel. We look forward to working with Alistair and
welcome him to the senior management team”.

About Abode Mortgage Holdings Corp.
Abode Mortgage Holdings Corp. is a publicly traded company on the TSX Venture Exchange under the symbol ABD, and through its wholly owned subsidiary, Abode Mortgage Corporation, provides
residential mortgage financing to Canadians in the markets we serve.

Headquartered in Vancouver, Abode Mortgage Corporation is delivering a new standard of service excellence to the Canadian
residential mortgage industry by providing simplified products, consistent underwriting decisions, competitive pricing and compensation programs. The company launched its lending operations in Western Canada and recently expanded into the Province of Ontario.

Information about Abode Mortgage Corporation is available on the Internet at: www.abodecorp.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.


For further information, contact:


Mike J. Linehan
CEO
Abode Mortgage Holdings Corp.
Telephone: 604.642.2633
Email: ir@abodecorp.com

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