Far Vista Interactive Corporation Enters in to Discussions with Shanghai`s Shanda Interactive Entertainment

SASKATOON, Saskatchewan--(Business Wire)--
Far Vista Interactive, a leading game company in Saskatchewan, today announced
that Shanda Interactive Entertainment has agreed to discuss the licensing and
distribution of Gauntlet for the Chinese market.

Shanda (NASDAQ:SNDA), also listed on the NASDAQ, is a leading interactive
entertainment media company in China with more than 800 million registered
accounts and has invested more than US$40 million in approximately 30 online
games. Meetings have been held with Diana Li, Corporate Vice President and Frank
Wu, Business Development Manager in Shanghai.

According to Bruce Hoggard, Far Vista Interactive`s Senior Executive VP
Marketing and International Development, "The discussions and review of the Far
Vista Tournament: Run the Gauntlet could prove to be a pivotal point in Far
Vista Interactive`s strategy to make it available to game players in China."

"The Chinese interactive game market is continuing to develop in leaps and
bounds," added Bruce Hoggard, "and it is culturally important to begin
developing relationships that can provide the basis from which to enter and be
competitive in the market. Bruce further added, "I remain confident that our
approach will provide Far Vista Interactive with a sustainable strategy in
China."

This announcement contains forward-looking statements. These statements are made
under the "safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. Statements in this announcement that are not historical
facts represent only the Company's current expectations, assumptions, estimates
and projections and are forward-looking statements. These forward-looking
statements involve various risks and uncertainties. Important risks and
uncertainties that could cause the Company's actual results to be materially
different from expectations include but are not limited to the risks set forth
in the Company's filings with the U.S. Securities and Exchange Commission,
including the Company's annual report on Form 20-F. The Company does not
undertake any obligation to update any forward-looking statement, except as
required under applicable law.

On behalf of the Board of Directors,

Richard Buckley
President & Director
Contact Tel: 306-230-3288

Far Vista Interactive
Richard Buckley, 306-230-3288
President & Director

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