D. G. Jewellery to be Exclusive Jewelry Source On Go2Net.

TORONTO--(BUSINESS WIRE)--March 8, 1999--D. G. Jewellery of Canada Ltd. (Nasdaq:DGJLF - news) one of North America's largest jewelry manufacturers, today announced an agreement with Go2Net, Inc. (Nasdaq:GNET - news), a network of branded, technology and community driven Web-sites, establishing the jewelry manufacturer as the exclusive source of jewelry sales on its network.

Online sales will be conducted through D. G. Jewellery's exclusive online partner, Xitejewelry.com scheduled to launch in May.

Under terms of the agreement, Xitejewelry.com, the online partner of Toronto based D. G. Jewellery (Nasdaq:DGJLF - news), will be prominently featured across the Go2Net Network (http://www.go2net.com/) and its most popular destinations, including Silicon Investor (http://www.techstocks.com/). The agreement will provide access to D. G. Jewellery's products to one of the Internet's most trafficked sites, representing many millions of targeted consumers. Go2Net currently receives over 23 million hits a month. Other major Internet retailers and partners include Barnes and Noble (NYSE:BCS) and uBid (Nasdaq:UBID).

Product categories will include rings, earrings, bracelets and pendants. Metals featured will include platinum, 18K, 14K and 10K gold and sterling silver. The jewelry will contain diamonds and precious and semi-precious stones. Prices will range from U.S. $30 dollars to U.S. $30,000 dollars.

Jack Berkovits, Chairman and CEO of D. G. Jewellery commented, "This is another step in the right direction towards accomplishing our stated goal of becoming the dominant online jewelry player. The Go2Net Network has established itself as one of the most popular Internet destinations by offering the kind of products and services that foster trust and loyalty. We will continue to be selective in our partnership selections and we believe there are terrific synergies between what

D. G. Jewellery and Xitejewelry.com offers and what users of the Go2Net Network have come to expect. I believe our bold E-commerce initiatives will continue to benefit our shareholders as we capitalize on the enormous popularity and growth of the Internet. Our previously announced agreement with Bid.com (TSE:BII - news), Shop at Home Networks (Nasdaq:SATH), and Lycos (Nasdaq:LCOS) coupled with our present agreement with Go2Net will guarantee the greatest possible distribution of our complete jewelry offering."

About Go2Net, Inc.

Go2Net is a network of branded, technology and community driven Web sites focused on the following categories: personal finance, search, commerce and games. The company also develops Web-related software. The Go2Net Network's properties include: Go2Net Personal (http://www.go2net.com/), which provides users with a comprehensive Internet start page offering customizable news, discussion and stock information, as well as direct access to Go2Net's own finance, search, free Web hosting, shopping and Java multi-player game sites; Silicon Investor (http://www.siliconinvestor.com/), the Web's premier financial discussion site; StockSite (http://www.stocksite.com/), which offers proprietary articles, portfolio tracking tools, company research and news relating to business and finance; MetaCrawler (http://www.metcrawler.com/), a metasearch service that combines various existing search/index guides into service; 100hot (http://www.100hot.com/), the Internet's premier category-by-category ranking index of Web sites; HyperMart (http://www.hypermart.net/), the Web's leading provider of free business hosting services; WebMarket (http://www.webmarket.com/), a one-stop comparison shopping service; and PlaySite (http://www.playsite.com/), the Web's premier Java-based multi- player games site. The company's Go2Net Labs division develops innovative technologies to enhance the features and functionality of the Go2Net sites and for licensing to other Internet companies.

D. G. Jewellery of Canada Ltd. is primarily engaged in the design, manufacture, merchandising and distribution of stone-set jewelry for department stores, mass merchants, catalogue showrooms, television shopping networks and other high volume retailers and other major discounters.

The Company maintains a broad base of customers concentrated in six major jewelry segments: -0-

i)   Internet retailers, auctioneers and other web merchants

ii)  department stores such as J.C. Penney and Saks Fifth Avenue

iii) specialty markets such as, QVC Inc., Home Shopping Network,
     ValueVision International, Shop at Home, QVC England, QVC Germany
     and The Shopping Channel (Canada)

iv)  jewelry chain stores such as Zales, Gordons, Friedmans and others

v)   mass merchandisers such as Wal-Mart and Zellers

vi)  with USA acquisitions in fold, D.G. Jewellery is increasingly
     exporting to the USA and demonstrating its ability to "deliver
     the goods"

Except for the historical information contained herein the matters discussed in this press release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product demand, the impact of competitive products and pricing, changing economic conditions, both here and abroad, release and sales of new products, and other risk factors detailed in the Company's most recent annual report, and filing with the Securities and Exchange Commission.