FRV Media Inc. Announces Late Filing of Annual Financial Statements and Temporary Cease Trade Order

  FRV Media Inc. (the "Corporation") (TSX VENTURE: FRV.H) announces that it has not yet filed its audited financial statements for the year ended October 31, 2009 and its Management's Discussion and Analysis relating thereto (the "Required Filings") on or before the prescribed deadline of February 28, 2010. As a result, the Autorite des marches financiers issued today a temporary cease trade order against the Corporation.

The delay in respect of the Required Filings is due to the recent change in the Corporation's auditors and the recent appointment of a new Chief Financial Officer, the whole as was disclosed by the Corporation by way of press release on February 16, 2010. The Corporation's new auditors and Chief Financial Officer are diligently working to complete the Required Filings, and the Corporation expects to be able to file same on or about March 15, 2010.

The Corporation confirms that there is no other material information relating to the affairs of the Corporation that has not been generally disclosed.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: FRV Media Inc. Richard Laferriere President and Chief Executive Officer 514-975-4500 [e-mail]