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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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Tuesday, Mar. 13, 2000
CDNX Trading Symbol: YAL

 
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") is pleased to make the following announcement:
 
CANADIAN BROADCAST LICENSE FOR WEIRD WHEELS
 
The Company announces that The Life Network has signed a Canadian broadcast license for an initial thirteen episodes of a half hour television series Weird Wheels. Like its New York Festival and Gemini winning sister show Weird Homes, Weird Wheels will take an engaging look at the phenomenon of 'Art Cars' and the people who own and drive them. The thirteen shows are scheduled for delivery in the fall of 2000.
 
"To say we are very pleased is an understatement!" said Yaletown president Mike Collier. " We continue to enjoy collaborating with The Life Network team and hope that viewing audiences give Weird Wheels the same kind of reception they gave Weird Homes."
 
PRODUCTION FINANCING
 
The Company has filed all documentation necessary to secure the production financing for both Weird Homes and Weird Wheels.
 
Yaletown Entertainment Corp. is an award winning television and movie producer listed on the Canadian Venture Exchange under trading symbol YAL.
 
For further information, please contact Mr. John Cumming, Chief Executive Officer, or Roger Kelly, Manager of Corporate Communications, 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 CANADIAN VENTURE 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