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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, January 19, 2001
CDNX Trading Symbol: ECY

 
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") is pleased to make the following announcement:
 
Yaletown Scores Again With Huge
Ratings for Weird Wheels Season Premiere!

 
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") is pleased to make the following announcement:
 
WEIRD WHEELS SCORES!
 
The Company is also pleased to announce that its new series Weird Wheels premiered in Canada on the Life Network to huge audiences on Thursday January 18th. Overnight ratings put the show amongst the highest on the Life Network.
 
"We are thrilled with the audience response," commented Yaletown President Mike Collier. "They say that ratings never lie so it's clear that along with Weird Homes Yaletown has another winner in Weird Wheels.
 
Weird Wheels airs at 7:30 pm Pacific Time (10:30 pm Eastern Time) and 10:30 pm Pacific Time (1:30 am Eastern Time). Weird Wheels will also be broadcast Saturdays at 1:00 pm Pacific time (4:00 pm Eastern Time) and 4:00 pm Pacific Time (7:00 pm Eastern Time).
 
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, 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