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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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Thursday, April 18, 2002
TSX Trading Symbol: ECY

 
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") is pleased to make the following announcements:

LEO AWARD NOMINATIONS

The Company announces that both of last season�s television series garnered a total of three Leo Award Nominations.

The Company�s series Weird Homes, producer Mike Collier, was nominated in the category Best Lifestyle or Talk Series. Weird Homes has previously won the Gold WorldMedal at the New York Festivals, the Gemini Award and the Leo Award. Weird Homes is entering its fifth season this year.

The Company�s series Weird Wheels, producer Mike Collier, received two nominations, one in the category Best Information Series and the second for Best Screenwriting, Information Series. P. J. Reece and Arthur Black wrote the nominated episode. Weird Wheels has just completed its second season.

INCENTIVE STOCK OPTIONS

The Company announces that it will grant up to 1, 200,000 director�s and employee incentive stock options exercisable during a five-year term at $0.10 per share subject to required regulatory and shareholder approvals.

Yaletown Entertainment Corp. is an award winning television and movie producer listed on the TSX 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 TSX 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