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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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Friday, 18 September 1998 A.S.E Trading Symbol: YAL
 
"Weird Homes" Premiers on Life Network!
 
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") is pleased to make the following announcements:
 
Initial Episodes Completed
 
Location shooting for all thirteen episodes of "Weird Homes" has been completed. The initial episodes have completed postproduction and are in the hands of the Life Network, the Company's Canadian broadcaster. The remaining episodes are in varying stages of postproduction and are either on schedule or ahead of schedule. All thirteen episodes will be delivered on time and within budget.
 
Canadian Broadcast Scheduled
 
The Company has been advised that Life Channel will begin broadcasting Weird Homes on Monday, September 21 at 4:00 p.m. Pacific Standard Time.
 
International Distribution
 
The Company is in the final stages of negotiation with a distributor for the rights to distribute the complete Weird Homes series world-wide. Shareholders will be advised once documentation is completed.
 
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