Auteo Media, Inc. Announces Share Exchange Closing.

VANCOUVER, British Columbia -- Auteo Media, Inc. (OTCBB:AUOM) ("the Company") wishes to announce that pursuant to the recent filing of its Definitive 14C Information Statement and the furnishing of the information contained therein to shareholders of record of the Company on or about March 11, 2005, the Company has received the opinion of legal counsel that the closing date for its Share Exchange Agreement (the "Agreement") with WorldStar Energy Corp. ("WorldStar") will be set for April 1, 2005. Immediately upon closing, the Company's Amended Articles of Incorporation authorizing the change of its name to WorldStar Energy, Corp. and the increase in its authorized share capital will be filed with the appropriate regulatory authorities.

As announced on January 28, 2005, the Company has entered into the Agreement to acquire 100% of the outstanding shares of WorldStar in exchange for the issuance 31 million treasury shares of the Company. WorldStar's 80% owned subsidiary is PT MubaStar International ("MubaStar"), an Indonesian company, intends to develop the energy (methanol) joint venture project in Indonesia. The Company's shares being issued in this transaction (31 million shares) will be available for exchange with existing WorldStar shareholders c/o The Secretary, WorldStar Energy, Corp. 4108 Dominion Street, Burnaby, British Columbia, Canada V5G 1C6 shortly after the closing date.

Pursuant to the terms of the Agreement and subject to regulatory approval, if required, Mr. John Nainggolan and Mr. Drajat Hadiwijoyo will join the Company's Board of Directors upon closing.

Forward-Looking Statements:

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to the above potential acquisition, beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, inability to complete the acquisition, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.

Auteo Media, Inc. (OTC Bulletin Board:AUOM)