CREATOR CAPITAL LIMITED ("CCL" or the "Company") announces the acquisition of ETV Channels on Demand, Inc., ("ETV") a global Internet distribution network offering sports and entertainment content over the Internet.

Through its new ETV Channels on Demand subsidiary, Creator now has the vehicle to bring its gaming entertainment to the world over the Internet. ETV's proven broadband delivery technology affords consumers their choice of entertainment and sports programming 24 hours a day over the Internet, with full-screen broadcast resolution on a guaranteed bandwidth backbone. The company offers a complete end-to-end solution encompassing the latest Internet television technology, exclusive sports and entertainment content, and worldwide broadband distribution.

Alex Downie, CEO and President of ETV, assumes the title of President and CEO of CCL, while Deborah Fortescue-Merrin, currently President of CCL, remains as Chairman of the Board. According to Fortescue-Merrin, "ETV opens up the world to our company. It brings us the streaming technology and distribution capabilities to bring our gaming software and services to countless millions of viewers around the globe."

ETV to reach 58 million Thai and Chinese subscribers through partnership with Media Partners International, Co., Ltd. ("MPI") of Thailand.

ETV has just signed a major distribution agreement with Media Partners International, Co., Ltd (MPI) of Bangkok, Thailand. MPI is a vertically integrated media company operating in the filmed and recorded entertainment and sports events production, licensing, and distribution industries. Initially, MPI will deploy the ETV Channels on Demand system in Thailand through an aggregated group of ISP's with more than 8 million broadband subscribers, and through MPI's partnership in China with China Online which services a growing broadband subscriber base of over 50 million users.

Integration and fine tuning is scheduled for April, 2006 in Bangkok and Beijing. Thereafter, MPI will move to release the Channels on Demand system throughout South East Asia, Hong Kong, Taiwan, and India where potential viewership approximates 600 million. Upon signing the agreement with ETV, Chairman Sitichai Nuanmanee stated: "MPI is proud to announce a partnership with ETV. We are thrilled with the Channels on Demand system and content and are excited about growing the IPTV business throughout Southeast Asia, China and India, with ETV as our partner."

The Goal: Worldwide Broadband Distribution
With the South East Asia distribution agreement firmly in place, Creator's subsidiary, ETV Channels on Demand, is in the process of completing negotiations with partners in South America, Europe and the Middle East to gain an additional potential audience of 400 million. This would give ETV total potential global penetration of approximately one billion viewers worldwide. It thus positions ETV to become a major global digital distributor of high-quality entertainment content for the international market, providing a total direct-to-the-consumer solution combining the latest Internet streaming technology with a massive choice of compelling content - on demand, 24 hours a day at the click of a button.

Under the terms of the Share Purchase Agreement dated March 6, 2006, CCL will purchase all the outstanding common shares of ETV Channels on Demand Inc. in exchange for 50,000,000 common shares of CCL issued on an earnout basis at the deemed price of US$1.00 per share for every US$1.00 of Gross Revenues realized through the ETV business. A Share Purchase Warrant granting ETV the right to purchase an additional 1,000,000 CCL common shares at US$1.00 per share will also be issued. CCL will issue a 5% Finder's Fee at a deemed price of US$1.00 per share to be earned out based upon the same formula as the acquisition shares. Stock Options were granted on March 6, 2006 ranging from US$0.25 - US$2.00 per share to be vested over a two and a half year period beginning in September 2006.