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Monday, 06/19/2006 4:55:07 PM

Monday, June 19, 2006 4:55:07 PM

Post# of 141791
First Guardian Financial Corporation Announces Cooperative with The Cosmos Group
First Guardian Financial Corporation (Pink Sheets:FGFC) announced today that the Board of Directors has approved an agreement with The Cosmos Group to participate or joint venture in all potential investment opportunities.

The Cosmos Group a private Wall Street Investment Banking Firm has also agreed to share potential Investment opportunities with First Guardian Financial Corporation for participation or joint venture possibilities.

"We are pleased that an agreement of this magnitude could be reached between the two companies as The Cosmos Group will provide a continued source of potential Investment opportunities for First Guardian Financial Corporation's portfolio. We are aggressively seeking new investments that will yield above average returns on Investment and we believe that The Cosmos Group can provide significant leads and opportunities given their reputation." Said Abraham Rosenman President First Guardian Financial Corporation.

About First Guardian Financial Corporation