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News Release

YALETOWN ENTERTAINMENT CORP.
407 - 535 Howe Street,
Vancouver, B. C. V6C 2Z4
Tel: (604) 688-0118
Fax: (604) 688-3348
CUSIP# 984909101
Rule 12g3-2(b)# 82-4336
 
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September 30, 1997 A.S.E Trading Symbol: YAL
 
Weird Homes of America
 
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") announces that it has entered into an agreement with the Life Network for the further development of the proposed television series Weird Homes of America. Life Network will have the first right to acquire the Canadian television broadcast rights to Weird Homes of America. The series of one-half hour episodes, based on Jim Christy's popular photo essay book "Strange Sites", will ffeature some of America's most unusual and bizarre homes and the people who built and live in them.
 
Urban Safari
 
The Company also announces that the comedy feature film Urban Safari is scheduled to begin its U.S. theatrical release on October 17, 1997. Distribution is being handled by Warwick Pictures, Inc. of Houston, Texas. Urban Safari has been sold recently to Home Box Office pay television in the United States and SuperChannel pay television in Canada. To date, Urban Safari has been sold in 43 countries world wide.
 
"Our film division continues to thrive" commented Yaletown C.E.O. John C. R. Cumming. "We have a number of really solid projects, both theatrical features and television, in development for the future. Sales of our first comedy feature film, Urban Safari, continue to grow with the very substantial markets of U.S. video and network television yet to be tapped."
 
Yaletown Entertainment Corp. is a Canadian film producer with diversified interests in mineral resource exploration in South America. The company is listed on the Alberta Stock Exchange under trading symbol YAL.
 
For further information, please contact Mr. John Cumming, Chief Executive Officer, at tel: (604) 688-0118.
 
John C. R. Cumming
 
John C. R. Cumming, Director, Chairman & C.E.O.

 
THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE.
 
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Yaletown Entertainment Corporation, Vancouver B.C. Canada
tel: (604) 669-3543 - Executive/Production Offices
Canadian Venture Exchange: ECY