News Release

Thursday, February 6, 2003
T.S.X. Venture Exchange Trading Symbol: ECY

VANCOUVER, B. C., CANADA ------ David Dadon, Chairman of Yaletown Entertainment Corp., (the �Company�) is pleased to make the following announcement:

GIANTS ENTERTAINMENT ASSIGNS STRIKE ZONE

Giants Entertainment Inc., a Nevada corporation owned by Lydia Dadon, has assigned to the Company for one dollar ($1.00) rights to produce Strike Zone II. The original Strike Zone, an action adventure feature film produced in 2000 staring Frank Zagarino, Richard Lynch, Joe Lara, Billy Drago and Sonia Satra, was a commercial success for Giants and Frank Zagarino has already committed to Yaletown for Strike Zone II. The Company has secured J. Chris Ingvorsen, the writer and director of Strike Zone, for Strike Zone II. Lydia Dadon is the wife of David Dadon, Chairman of the Company. 

Yaletown Entertainment Corp. is a diversified entertainment company combining an award winning production company with a complete High Definition video postproduction services division (see www.post-digitalworks.com) and a state-of-the-art digital audio postproduction services arm (see www.pinewoodsound.com) providing specialty services to the film and television industry in the pacific northwest.

David Dadon, Chairman

Yaletown Entertainment Inc.

THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE.

For more information contact David Dadon, Chairman, or John Cumming, C.E.O., at 604-689-7300, or by e-mail at [email protected] or check out our web site at www.yaletownentertainment.com.