Aitec Capital - Consolidation of Operations.

CALGARY, Alberta--(BUSINESS WIRE)--April 16, 1996--Aitec Capital Corp. (Alberta Stock Exchange:AIP) In connection with the major transaction announcement of March 5, 1996, the Board of Directors of Aitec Capital Corp. wishes to announce that its major transaction target, Vitex Nutrition Centre Ltd. has recently closed its The Vitamin Connection store in Eaton's in downtown Calgary and has given notice that it will close its store in the downtown Eaton's store in Edmonton on April 20. Vitex has recently opened a store in the Metrotown Shopping Mall in Burnaby, British Columbia as part of a plan to consolidate its operations in the greater Vancouver area of British Columbia. After April 20, Vitex will have four stores operating in greater Vancouver, two in Eaton's stores and two in shopping malls.

Vitex is presently negotiating with a third party to be the general franchise agent for The Vitamin Connection stores in Canada. This third party company presently operates one store in Vancouver, and is being considered by the Board of Directors of Aitec as part of its major transaction. Potential acquisitions are subject to meeting the minimum listing requirements of The Alberta Stock Exchange to qualify as a major transaction. -0-

Note to Editors: The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.

CONTACT: Aitec Capital Corp.

Michael C. Ross, 403/273-6560