Longview Capital Partners Earns $0.24 Per Share in First Quarter

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Overig advies 10/05/2007 15:40
VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- May 10, 2007 -- Longview Capital Partners Incorporated (TSX VENTURE: LV)(FRANKFURT: L6V) today announced financial results for the three months ended March 31, 2007. Highlights include:
First quarter results:
- Earnings per share of $0.24, compared with $0.09 for the first quarter of 2006
- Revenues grow to $39.1 million from $8.7 million for the first quarter of 2006
- Net income grows to $24.4 million from $5.5 million for the first quarter of 2006
- Fair value of investment portfolio increases to $119.9 million from $87.5 million at December 31, 2006

"Longview's performance in the first quarter of 2007 confirms the continued success of our business model," says Damien Reynolds, founder, Chairman and CEO of Longview. "We continue to identify and develop undervalued early stage natural resource opportunities for the benefit of our shareholders by raising equity for these opportunities and leading them through the development phases of becoming fully developed public companies."

About Longview
Longview Capital Partners is an investment company creating long-term shareholder value by capitalizing on early stage opportunities in the natural resource sector, and having the resultant earnings growth recognized in its share price. Longview is incorporated under the laws of the Province of British Columbia and began trading on the TSX Venture Exchange under the symbol "LV" on September 5, 2005.

Attached are the Consolidated Balance Sheet, Statement of Operations and Retained Earnings, and Statement of Cashflows for the three months ended March 31, 2007 and 2006.

Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.
LONGVIEW CAPITAL PARTNERS INCORPORATED
CONSOLIDATED BALANCE SHEETS
AS AT MARCH 31, 2007 AND DECEMBER 31, 2006
(Unaudited)

Website: www.longviewcp.com



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