CINAR Corporation: George Rossi Appointed Senior Vice President and Chief Financial Officer of CINAR Corporation.

Business Editors

MONTREAL--(BUSINESS WIRE)--Oct. 31, 2000

CINAR Corporation is pleased to announce that Mr. George Rossi will be joining the Company on November 1st as Senior Vice President and Chief Financial Officer of CINAR Corporation.

Mr. Rossi, who will have overall responsibility for financial issues within the Company, will report directly to the President and CEO of CINAR Corporation, and will also be a member of the Company's Senior Management Committee.

Mr. Rossi was President of Omni Media USA, a subsidiary of the Astral Group, until his arrival at CINAR. Prior to this, he was CFO of Radiomutuel Inc. since 1983. Radiomutuel was acquired by Astral in 1999 and at the time of the sale, the Company operated 13 radio stations, 4 specialty television stations and an outdoor advertising company in Quebec, Ontario and British Columbia.

George Rossi is a chartered accountant and began his business career in 1975. He brings to CINAR a wealth of business experience which will be of immense value for all our business activities.

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 is www.cinar.com.

This release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 (U.S.). Forward-looking statements are identified by words such as "believe", "anticipate", "expect", "intend", "plan", "will", "may" and other similar expressions. 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.