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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 3, 1999 A.S.E Trading Symbol: YAL
 
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") is pleased to make the following announcement:
 
INVESTOR RELATIONS AGREEMENT
 
The Company has entered into an investor relations agreement with Triangle Group Communications of Vancouver, B. C. Triangle Group Communications will receive $5,000 per month on a month-to-month basis. The agreement may be terminated at any time by either party. The Agreement is subject to required regulatory approvals.
 
The Company has completed one comedy feature film, Urban Safari, which has sold in over one hundred countries, is in the second season of production of the critically acclaimed, award winning documentary television series Weird Homes, has an agreement with Alliance Atlantis Broadcasting for a new series, Weird Wheels, and has completed the screenplay for Headhunter, a horror-thriller based on the million selling novel of the same title.
 
Yaletown Entertainment Corp. is a Canadian television and movie producer listed on the Alberta Stock Exchange under trading symbol YAL.
 
For further information, please contact Mr. John Cumming, Chief Executive Officer, at telephone: (604) 688-0118 or check out our web site at www.yaletownentertainment.com.
 
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