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CINAR Aims At Audited Financial Statements as Soon as Possible.


Business Editors

MONTREAL--(BUSINESS WIRE)--Sept. 20, 2000

CINAR Corporation is continuing its work in preparing its 1999 financial statements for audit by Ernst & Young LLP LLP - Lower Layer Protocol , as well as related continuous disclosure documents, as quickly as possible.

Until the audited financial statements have been completed, the Company will not be in a position to call its Annual General Meeting but is committed to doing so as soon as the statements are ready. The Company continues to work with Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis.  and its current advisors, PricewaterhouseCoopers LLP, to review all strategic alternatives available to the Company.

CINAR will continue to issue semi-monthly status updates by way of news releases, as it has since April 20, 2000.

CINAR Corporation is an integrated entertainment and education company involved in the development, production, post-production and worldwide distribution of non-violent, quality programming and educational products for children and families. CINAR's web site can be found at www.cinar.com

This release may include information that could constitute forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 (U.S.). Forward-looking statements are identified by words such as "believe", "anticipate", "expect", "intend", "plan", "will", "may" and other similar expressions. Forward-looking statements in this document include, but are not necessarily limited to, those relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the results of the company's reviews. Actual results or conditions may differ from those anticipated by these and other forward-looking statements. Such forward-looking statements are subject to a number of known or unknown risks and uncertainties.
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Publication:Business Wire
Date:Sep 20, 2000
Words:252
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