FPL First Calgary

    First Calgary Petroleums Ltd. announces appointment of Deutsche Bank as Joint
Broker

    TSX: FCP
    LSE: FPL

    CALGARY, Aug. 8 /CNW/ - First Calgary Petroleums Ltd. ("FCP" or the
"Company") is pleased to announce the appointment of Deutsche Bank as a Joint
Broker to the Company. Deutsche Bank will work together with FCP's existing
Broker, Canaccord Adams.

    Richard Anderson, President and CEO, commented:

    "I am extremely pleased to announce the appointment of Deutsche Bank as
Joint Broker, working closely alongside Canaccord Adams in expanding our
institutional shareholder base. Deutsche Bank has access to a global network,
with a leading position in Europe, which will complement Canaccord Adams'
strengths."

    First Calgary Petroleums Ltd. is an oil and gas exploration company
actively engaged in international exploration and development activities in
Algeria. The Company's common shares trade on the Toronto Stock Exchange in
Canada (FCP) and on the AIM market of the London Stock Exchange in the UK
(FPL).

    This news release includes statements about expected future events and
financial results that are forward looking in nature and subject to risks and
uncertainties. FCP cautions that actual performance may be affected by a
number of factors, many of which are beyond its control. Future events and
results may vary substantially from what First Calgary Petroleums Ltd.
currently foresees.

-0-                           08/08/2006
/For further information: First Calgary Petroleums Ltd., Richard G. Anderson,
President and CEO, Tel: (403) 264-6697 or John van der Welle, Finance Director
and CFO, Tel: +44 (0) 203 043 0270, Website: www.fcpl.ca; Deutsche Bank,
Martin Pengelley, Director, Tel: +44 (0) 207 547 6853; Other contacts: James
Henderson, Pelham Public Relations, Tel: +44 (0) 207 743 6673; Carina Corbett,
4C - Burvale Limited, Tel: +44 (0) 207 907 4761/
(FPL)

 



END

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