Peace Arch Entertainment Group Inc. - Share restructuring approved TORONTO, Feb. 13 /PRNewswire-FirstCall/ -- Peace Arch Entertainment Group Inc. (AMEX: "PAE"; TSX: "PAE.A", "PAE.B") is pleased to announce the results of its shareholders meetings held on February 11, 2004. The shareholders approved the Company's plan to restructure its share capital, by which all Class A Multiple Voting Shares and all Class B Subordinate Voting Shares will be merged into one class of common shares all having one vote each. The effective date of implementation of the restructuring is subject to necessary legal and securities filings being done, and that effective date will be announced when known. At the same time, the shareholders approved removal of all restrictions on the issue and transfer of the Company's shares. The meeting elected two new Directors, Ms. Mara Di Pasquale, C.A. and Mr. D. Jeffrey Andrick. They join Charles Falzon, Ian Fodie, Gary Howsam, Juliet Jones, Nelson Thall, and Richard Watson, who were re-elected. Pricewaterhouse Coopers LLP, Chartered Accountants, were again appointed as auditors of the Company. The shareholders also authorized the board of directors to change the jurisdiction of the Company from British Columbia to Ontario. The Company has not announced any plans to act on this proposal. 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 undertakesno 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: (416) 487-0377 (ext. 237) Email: DATASOURCE: Peace Arch Entertainment Group Inc. CONTACT: Nicole Spracklin, Peace Arch Entertainment Group Inc., Tel: 416-487-0377 (ext. 237), Email:

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