Peace Arch Entertainment Group Inc. - Share reclassification effective

Peace Arch Entertainment Group Inc. - Share reclassification effective 


TORONTO, March 15  /PRNewswire-FirstCall/ -- Peace Arch Entertainment Group Inc.
(AMEX: "PAE"; TSX: "PAE.A", "PAE.B") is pleased to announce the commencement of
trading of its newcommon shares at the opening of market on March 16, 2004.

The common shares are the result of the Company's recently approved share
capital restructuring, by which all of the Company's Class A Multiple Voting
Shares and Class B Subordinate Voting Shares are combined into one class of
common shares having one vote each.

The symbol for the Company's common shares on the Toronto Stock Exchange is
"PAE". The previous symbols for the Company's Class A Multiple Voting Shares
("PAE.A") and Class B Subordinate Voting Shares ("PAE.B") on the Toronto Stock
Exchange are no longer applicable and will no longer be used.

The symbol for the Company's common shares on the American Stock Exchange
remains "PAE".

Peace Arch Entertainment Group Inc., one of Canada's foremost entertainment
companies, creates, develops, produces and distributes proprietary feature film
and television programming for worldwide markets. Peace Arch Entertainment Group
Inc. has offices in Vancouver, Toronto and London, England.

  This press release includes statements that may constitute
  forward-looking statements, usually containing the words "believe",
  "estimate", "project", "expect", or similar expressions. These statements
  are made pursuant to the safe harbor provisions of the Private Securities
  Litigation Reform Act of 1995. Forward-looking statements inherently
  involve risks and uncertainties that could cause actual results to differ
  materially from the forward-looking statements. Factors that would cause
  or contribute to such differences include, but are not limited to,
  continued acceptance of the Company's products and services in the
  marketplace, competitive factors, dependence upon third-party vendors,
  availability of capital and other risks detailed in the Company's
  periodic report filings with the Securities and Exchange Commission. By
  making these forward-looking statements, the Company undertakes no
  obligation to update these statements for revisions or changes after the
  date of this release.

  For media inquires, please contact:
  Nicole Spracklin
  Peace Arch Entertainment Group Inc.
  Tel: [phone] (ext. 237)
  Email: 

DATASOURCE: Peace Arch Entertainment Group Inc.



CONTACT: For media inquires, please contact: Nicole Spracklin, Peace

Arch Entertainment Group Inc., Tel: [phone] (ext. 237), Email:

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