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A Multiple Voting Shares ("PAE.A") and Class B Subordinate Voting Shares ("PAE.B") on the Toronto Stock Exchange are no longer applicable and will no longer be used.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: (416) 487-0377 (ext. 237) Email: DATASOURCE: Peace Arch Entertainment Group Inc. CONTACT: For media inquires, please contact: Nicole Spracklin, Peace Arch Entertainment Group Inc., Tel: (416) 487-0377 (ext. 237), Email:

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