Beaumont Select Corporations Inc. Announces First Quarter Results

Beaumont Select Corporations Inc. (TSX VENTURE:BMN.A) has released its financial
results for its first quarter ending September 30, 2009. The unaudited financial
statements and related management's discussion and analysis have been filed with
Canadian securities regulatory authorities on SEDAR.


FINANCIAL HIGHLIGHTS

The Corporation's financial results for the three months ended September 30,
2009 compared to the same period in the previous fiscal year included the
following:


- A rising stock market has resulted in the following changes to the portfolio
of equity securities:




$ millions                 Sep 30, 2009      Jun 30, 2009      3 mo. Change
                          --------------    --------------    --------------
Portfolio value                 $10.836            $ 9.28             16.7%
Margin Loan                       4.762             4.342              9.7%
Equity in Portfolio               6.074             4.938               23%



- Revenues increased by 1.6% in the first quarter compared to the first quarter
2008-9. New product as well as additional domestic customers offset a reduction
in export sales to the United States.


- Operating margin has increased to 7.7% from 0.34% for the first quarter last year.

- Consolidated Net income is $874 thousand or 5 cents per share, compared to a
loss of 15 cents per share for the prior period last year.


The key driver for profit has been the increase in the Canadian and US stock
markets, as the Corporation's portfolio of equity securities generated $940
thousand in realized and unrealized gains, compared to a loss of $2.421 million
in the first quarter last year.


As at November 23rd, the investment division is currently outperforming the TSX
Composite index, with a 22% increase in the equity value of the portfolio since
September 30th, compared to a 2% rise in the TSX composite index.


Beaumont Select Corporations Inc is management and investment corporation with
investments in the food industry, as well as a portfolio of equity securities.
Beaumont Select is listed on the TSX Venture exchange under the ticker symbol
BMN.A.