CityXpress Goes International, Conducts First Auction With U.K. Media Group; Northcliffe Newspapers Group Helps CityXpress Break Into European Market.

VANCOUVER, British Columbia -- CityXpress Corp.(OTCBB:CYXP), the leading provider of auctions for newspapers, today announced that the Bristol Evening Post owned by Northcliffe Newspapers Group Ltd. in the United Kingdom recently completed a successful online auction. The Bristol auction was the first international initiative for CityXpress, and sets the stage for an aggressive expansion by the company with newspapers in the U.K., Switzerland and Germany, said Phil Dubois, president and CEO of CityXpress.

"We continue to prove in North America that our model for online auctions really works," Dubois said. "Our successes in the United States and Canada have piqued the interest of publishers in Europe, enabling us to expand into several international markets. This positive reception confirms our belief that every newspaper is seeking ways to increase value for advertisers and find new sources of revenue. CityXpress achieves both of these goals while enhancing the experience for a newspaper's readers."

The Evening Post auction featured 84 advertisers, 40 of whom were new to the paper. "From a sales manager's point of view, I think the key elements to come out of our auction is that we have secured new customers who otherwise would not have used our titles," said Kate Malone, retail field sales manager for the Bristol Evening Post. "We also created a significant amount of 'feel good' factor with our existing clients who initially were skeptical about what the catch was. It was nice to be able to tell them there wasn't one!"

"The launch of Bid4it! in Bristol has been an enjoyable success," said Steve Hollingsworth, deputy advertisement director of Northcliffe Newspapers Group. "The opportunity to launch a new, forward thinking approach to developing advertising revenues to the benefit of publisher and advertiser is a unique one." The results were so positively received by Northcliffe that it is planning to do three additional auctions in 2004 and thirteen more in early 2005 from among its 20 daily newspaper titles.

CityXpress will be conducting its next European auction with the Berner Zeitung, a 132,000 circulation daily in Bern, Switzerland. The Bern auction opens on June 22, 2004.

Newspaper auctions are online events put on by local newspapers with goods and services provided by advertisers in exchange for exposure through the auction and advertising credits that are earned if the advertisers' items sell. Each event typically takes place over 10 days and generates new customers and increased store-traffic for advertisers, good deals for consumers and direct revenue for newspapers.

Newspaper auctions are being adopted by increasing numbers of newspapers as an effective tool for generating alternative revenue sources. CityXpress staged its first auction in 2001, and has staged more than 200 event auctions for newspapers, generating more than $46 million for newspapers in the past two years.

ABOUT CITYXPRESS

CityXpress (www.cityxpress.com), the leading supplier of event auctions and online special sections for the newspaper industry, has pioneered event auctions for newspapers since 2001. CityXpress works with newspapers in the United States, Canada and Europe to stage local auctions through its hosted software and on-site sales and customer support services. The company currently provides services to newspaper companies including Knight Ridder, MediaNews Group, Cox Enterprises, McClatchy, CanWest Global, Lee Enterprises, Scripps Howard, Freedom Newspapers, the New York Times Company and the Northcliffe Newspapers Group. CityXpress is headquartered in Vancouver, BC with its main sales office in Seattle, WA. In 2004, CityXpress announced a strategic relationship with Knight Ridder, the nation's second largest newspaper publisher, to be the exclusive provider of online auctions for its newspapers.

This press release and/or communication contains forward-looking statements regarding the Company's business strategy and future plans of operations.Such forward-looking statements can generally be identified by words such as will, expect, intends, believe, anticipates should and words of similar meaning.Forward-looking statements involve known and unknown risks and uncertainties, such as the Company's capital requirements and other liquidity concerns, fluctuations in demand for newspaper auctions and for the Company's other products, competitions, technological developments, and other risks and factors set forth from time to time in the Company's filings with the Securities and Exchange Commission and other press releases and/or communications of the Company.These and other important factors may cause actual results and performance to differ materially from the further results expressed in or implied by such forward-looking statements.The forward-looking statements contained in this press release and/or communication speak only as of the date hereof based on information available to the Company as of the date hereof, and the Company does not assume, and expressly disclaims any obligation or duty to update, revise or amend any of the information presented herein.