Mr. Joe Wowk reports

EARLY WARNING REPORT

Timothy Marlowe of 789 West Pender St., suite 1220, Vancouver, B.C., has acquired ownership and control of 17 million common shares of GeoNovus Media Corp. as part of a revenue participation agreement.

The 17 million common shares acquired by Mr. Marlowe, in addition to existing holdings of shares, warrants or stock options in the capital of GeoNovus, represent 13.9 per cent of GeoNovus's issued and outstanding common shares on a non-diluted basis, or 14.3 per cent of GeoNovus's issued and outstanding common shares, calculated on a partially diluted basis assuming the exercise of Mr. Marlowe's stock options.

After giving effect to the acquisition referred to above, Mr. Marlowe beneficially owns a total of 17 million shares and 500,000 stock options, which collectively represent 14.3 per cent of the company's issued and outstanding common shares, calculated on a partially diluted basis assuming the exercise of Mr. Marlowe's stock options.

Gabriel Napora has also acquired ownership and control of 17 million common shares of GeoNovus Media as part of a revenue participation agreement.

The 17 million common shares acquired by Mr. Napora, in addition to existing holdings of shares, warrants or stock options in the capital of GeoNovus, represent 13.9 per cent of GeoNovus's issued and outstanding common shares on a non-diluted basis, or 14 per cent of GeoNovus's issued and outstanding common shares, calculated on a partially diluted basis assuming the exercise of Mr. Napora's stock options.

After giving effect to the acquisition referred to above, Mr. Napora beneficially owns a total of 17 million shares and 100,000 stock options, which collectively represent 14 per cent of the company's issued and outstanding common shares, calculated on a partially diluted basis assuming the exercise of Mr. Nopora's stock options.

This press release is being disseminated as required by National Instrument 62-103 -- the early warning system, and related takeover bids and insider reporting issues in connection with the filing of an early warning report. A copy of the early warning report may be found on SEDAR under the company's profile.