Terra Firma Capital Corporation Announces Block Trade and Change in Board of Directors

All amounts are stated in Canadian dollars.

Terra Firma Capital Corporation ("Terra Firma" or the "Company") (TSX
VENTURE:TII) is pleased to announce that Mr. John Kaplan, through a wholly owned
subsidiary, Linden Farms Inc. confirmed today that it has acquired 6,158,376
common shares of the Company at a price of $0.50 per Common Share (the
"Acquisition") in a private agreement.


After giving effect to the Acquisition, Mr. Kaplan owns 19.997973% of the issued
and outstanding common shares of the Company. 


As part of the transaction, Mr. Allan Silber, the Company's chairman and
Director Mr. Morris Perlis, have resigned from the Company's Board of Directors.
Mr. Kaplan will be appointed to the Board of Directors, as chairman, subject to
regulatory approval.


Mr. Kaplan was the President of Runnymede Development Corporation Limited
("RDCL") from 2000-2013. He continues to be a Director of RDCL and is presently
a principal of several real estate concerns including Metropia, Trademarek
Communities and Haber Homes. In addition Mr. Kaplan is a Director of Talon
Metals (TLO) which is listed on the TSX.


"This is a very exciting development for Terra Firma," commented Y. Dov Meyer,
President and CEO. "Mr. Kaplan has been an investor and longtime supporter of
Terra Firma and has followed our activities very closely. His wealth of real
estate expertise and vast industry contacts will be a true asset to Terra Firma.
I look forward to working with Mr. Kaplan as he plays a key role in our next
round of expansion.


The remaining board of directors and I would like to take this opportunity to
thank Allan Silber and Morris Perlis for their years of service on the board of
directors. As founders of Terra Firma, Mr. Silber and Counsel Corp. were very
helpful in bringing Terra Firma to where it is today."


About Terra Firma

Terra Firma is a full service, publicly traded boutique real estate finance
company that provides customized equity and debt solutions to the real estate
industry. Our focus is to provide financings with flexible terms to property
owners and developers looking for customized structures. Terra Firma offers a
full spectrum of real estate financing under the guidance of strict corporate
governance, clarity and transparency. For further information please visit Terra
Firma's website at www.tfcc.ca.


The TSXV has neither approved nor disapproved the contents of this press
release. The TSXV does not accept responsibility for the adequacy or accuracy of
this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Terra Firma Capital Corporation
Dov Meyer
President and Chief Executive Officer
416.792.4700 x 301
ydmeyer@tfcc.ca


Terra Firma Capital Corporation
Mano Thiyagarajah
Chief Financial Officer
416.792.4700 x 303
mthiyagarajah@tfcc.ca

Terra Firma Capital (TSXV:TII)
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