1 900 `DEMOCRAT' / 1 900 `REPUBLICAN' Owned by E.T. Capital Inc. Approved by U.S. Regulators for Fund Raising Are Now Activated at the Rate of $10 Per Call.

DENVER--(BUSINESS WIRE)--July 13, 1999--

E.T. Capital, Inc. (OTC BB:ETCP) today announced that it will recommence negotiations with both the Democratic and Republican parties for the use of its 1 900 "pay-per-call" telephone numbers; 1 900 DEMOCRAT and 1 900 REPUBLICAN.

By devising a marketing plan to give away money, E.T. Capital has opened the door to major financial returns for E.T. that will continue into the next century. E.T. Capital, Inc. has combined "1 900" telecommunications with political fund raising to develop a marketing plan to raise millions of dollars for the Democrats and the Republicans for the upcoming elections.

Political organizations have not taken advantage of the communication tools necessary to compete for funds in today's market. 1 900 "DEMOCRAT" and 1 900 "REPUBLICAN" are two of E.T. Capital, Inc.'s exclusive fund raising "pay-per-call" telephone numbers.

There are approximately 73 million registered Democrats and 75 million registered Republicans in the United States. If only 20% of these registered voters telephoned the 1 900 "pay-per-call" number of their choice only once per year, @ $10 per call, the parties could net over $190 million! At only $10 per call, this amount could easily be raised every month! If one owns a telephone, one can contribute $10. No credit cards, cheques, uncollectible pledges or collection charges; just a simple telephone call and your contribution is made. AT&T collects the money, deducts the telecommunication charges and pays the balance to E.T. E.T. then pays 65% of the gross revenue to the parties. When contracts are concluded with the Democratic and Republican parties or the candidates directly, revenue to E.T.Capital, Inc. could be in the tens of millions and earnings per share to E.T. Capital, Inc. could exceed US$3 per share just based on the assumptions of only 20% of registered Democrats and Republicans calling only one time, a very conservative assumption.

The recent political elections in the U.S. cost several billions of dollars. Severe criticism has been directed at both parties for their fundraising methods and the "favours" owed by successful candidates after each election. Senatorial and Congressional Committees have been established to investigate new methods to raise money to finance these elections. E.T. has developed the most efficient and effective method to solicit funds from millions of individuals without asking for more than $10 from anyone. Both parties have recognized the enormous potential and simplicity of using these "pay-per-call" telephone numbers owned by E.T. Capital, Inc. to raise hundreds of millions of dollars.

Chairman of the Board Sidney B. Fowlds expressed his "satisfaction with the ongoing progress of the Company in changing the focus of 1-900 services offered in North America. He is confident that E.T. would meet projections for the raising of tens of millions of dollars for each of the Democratic and Republican organizations."

Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors.