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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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Wednesday, June 13, 2001
CDNX Trading Symbol: ECY

 
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") is pleased to make the following announcement:
 
EUROPEAN BROADCAST LICENSE FOR HOMES AND WHEELS SERIES!
 
The Company announces that its international distribution agent, Cargo Releasing of New York, has secured a cable/satellite broadcast license from Vision Zone Broadcasting Of the United Kingdom for both Weird Homes and Weird Wheels. Vision Zone has licensed 26 episodes of Weird Wheels and 26 episodes of Weird Homes for cable/satellite broadcast in continental Europe, the Middle East and Africa. The broadcast license to Vision Zone's Reality TV Channel is a non-exclusive license limited to 20 runs per episode over three years. All translation and language dubbing costs are born by Vision Z.one.
 
Weird Homes is now in its fourth season with a total of 78 episodes completed or in production, 39 of which are in High Definition. Weird Wheels is now in its second season with a total of 39 episodes completed or in production, all of which are in High Definition.
 
Weird Homes is broadcast in the U.S. on Discovery Channel's Home and Leisure Channel and Discovery Channel's HD Channel, and in Canada on Alliance Atlantis' Life Network and on the French language network TVA. Weird Homes has also been licensed for broadcast in Australia and Korea.
 
Weird Wheels is broadcast in the U.S. on Discovery Channel 's new HD Channel, and in Canada on Alliance Atlantis' Life Network.
 
Weird Homes is the winner of the Gold WorldMedal for Best Documentary Series - Biography or Profiles category, the Gemini Award for Best Lifestyle series and the Leo Award for Best Director of a Lifestyle or Talk Show series.
 
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