CityView Corporation's Quarterly Report.

PERTH, Australia -- CityView Corporation Ltd. (OTCBB:CTVWF) (ASX:CVI) (FWB:C4Z), is pleased to announce its quarterly report for the month ended December 31st 2006.

In addition to the quarterly report CityView has released its Longonjo project geological report. CityView holds a 36.3% working interest in the Longonjo licence and oversees the project operations. To view this report in its entirety go to: http://www.cityviewcorp.com/recentframe.html.

About CityView Corp.

CityView Corporation Ltd. is an exploration and development company. It is management's objective to grow CityView into a significant uranium, oil and gas project by developing its interest in Angola. The Company trades on the OTCBB market under the symbol "CTVWF" and on the Australian Exchange under the symbol "CVI". For more information, please visit the Company's web site at: www.cityviewcorp.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

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Angola -- Uranium and Beryllium

In October 2006 CityView increased its working interest in both the Longonjo licence and the Ucua licence from 30% to 36.3%. To accelerate the work programme, contracts were executed with:

      (i)  Black Rock Resources Ltd for the provision of project
           management services; and
      (ii) Aurum Exploration Ltd for the provision of geological and
           technical field services and G.I.S. and drafting services.

On November 13, 2006 CityView commenced its rock/soil sampling program at its Longonjo licence area which comprises two distinct projects:

1. Longonjo Carbonatite is known to be prospective for niobium,
   tantalum and uranium/thorium minerals commonly associated with
   carbonatite complexes.
2. Catabola is an IOCG (iron oxide copper-gold) occurrence. Copper and
   iron oxide mineralisation has been identified over a 1.6 kilometre
   strike length, with copper minerals constituting approximately 50%
   of the host rock.

At Longonjo Carbonatite 453 soil samples have been collected from 19 lines, covering an area of approximately 3.7 kilometres square.

At Catabola 623 soil samples were taken including duplicates and standards, and 24 survey lines have been completed along 2.3 kilometres of base line, oriented at 310 degrees. In addition 104 rock chip samples have been taken from 13 trenches and 9 grab samples from the surrounding area. Detailed mapping has also been completed over an area covering approximately 2 kilometres square.

All the samples are now in Luanda awaiting certification from the Department of Geology and Mines. As soon as this is finalised, the samples will be exported to OMAC labs for assay.

Angola - Oil

On December 13, 2006 CityView was advised by its co-venturer Nexoil Corporation SARL that the documents for its two onshore oilfield applications had been lodged with Sonangol, the State Oil Company of Angola and are currently being processed. The proposed concession areas lie respectively adjacent to the north and south of the Kwanza river in the centre of the Kwanza Basin.

Indonesia -- Gas

Madura Concession

On October 8, 2006 a replacement well Konang-3R was spudded and reached a depth of 3,071 feet of its target depth of 3,600 feet when it struck technical difficulty. The decision was made to temporarily suspend the well for further study of the drilling and geological issues.

CityView has a 2.65% interest in the Madura PSC and is free carried through the drilling of Konang -3R.

Dubai -- Quest Energy Middle East Limited

In November 2006 Quest Energy Middle East Limited and PTT (Petroleum Authority of Thailand) signed a Memorandum of understanding for joint operatorship of the Rag-e-Safid oilfield with the objective of increasing its current production to 220,000 barrels of oil per day. Project technical review is in progress.

On November 7, 2006 the formal inauguration of the 942 MW Fars gas turbine power plant construction was held. The project is a 50/50 joint venture between Quest Energy Middle East Limited and Mapna International. Approximately 3 million euros have been spent to date by the joint venture.

Corporate

On November 1, 2006 CityView announced that it had been listed on the Frankfurt Stock Exchange under the code C4Z.

Finance

Cash at Bank                                              AUD$906,440
Expenditure for the Quarter                               AUD$387,640
P M SMYTH
Chief Executive Officer


19 January, 2007