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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
 
READ ANOTHER RELEASE?

 
Monday, Sept. 25, 2000
CDNX Trading Symbol: ECY

 
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") is pleased to make the following announcement:
 
NEGOTIATIONS WITH DISCOVERY CHANNEL
 
The Company is pleased to announce that has entered into negotiations with Discovery Channel U.S. with respect to the broadcast licensing of Weird Homes and Weird Wheels. The negotiations are being conducted directly by the Company as the United States was exempted from the international distribution agreement entered into with Cargo Releasing of New York.
 
NEW TRADING SYMBOL
 
Effective September 25, 2000 the Company commenced trading on the Canadian Venture Exchange under a new trading symbol ECY. The change in symbol is not the result of any corporate change within the Company. The change in symbol was required as part of the merger of the Canadian Dealing Network with the CDNX under which the symbol for the new Tier 3 companies will begin with the letter 'Y'.
 
Yaletown Entertainment Corp. is an award winning television and movie producer listed on the Canadian Venture Exchange under trading symbol ECY.
 
Yaletown Entertainment Corp. is an award winning television and movie producer listed on the Canadian Venture Exchange under trading symbol ECY.
 
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