Devine Entertainment Reports 3rd Quarter/Nine Months Results.

Commences New Production and Distribution Activities

TORONTO -- Devine Entertainment Corporation (OTCBB: DVNNF) today reported results for the third quarter and nine months ended September 30, 2006. All amounts are in Canadian dollars. For the three months ended September 30, 2006, the Company reported a 28% decrease in net loss to ($231,398), or ($0.01) per share, compared to a loss of ($323,166) for the same period in 2005. The net loss for the nine month period ended September 30, 2006 was ($529,614), or ($0.01) per share, as compared to net earnings of $620,172, or $0.02 per share for the same nine month period in 2005.

President and CEO David Devine noted, "The Company's activities in the third quarter 2006 were focused on two important events, the positive financial impact of which will be reflected in its financial statements in the next six to twelve months and beyond. We started production of a new primetime series for Chum Television and also began a new distribution and co-production relationship with Carrere Group of France."

The Company completed the $8.1 million financing of its new primetime mystery series for Chum Television, Across the River to Motor City and started principal photography on the series. As at the end of the quarter and as at the date of this reporting, production of the initial six episode season was proceeding on budget and on schedule and the Company expects that the production will be completed on time and on budget. Canadian broadcast license agreements currently agreed to will generate initial revenues from the series of approximately $4 million in the first six months of 2007 when the episodes will be completed and delivered. The Company is optimistic about the success of Across the River to Motor City and the possibility of new episodes of the series being ordered by Chum Television for 2007-2008. The Company is also pleased to announce that Chum Television recently committed additional funding for new scripts of the second season of Across the River to Motor City.

The Company delivered master duplication and sales materials to Carrere Group of France (Paris Stock Exchange EPA: CAR) in the quarter. The Company expects that the multi-year agreement announced July 11, 2006 with Carrere Group will start to generate revenue from sales of the Company's film library as early as the fourth quarter of this year. In addition, the Company is working closely with co-producer Carrere Group to bring its new six episode series The Writers' Specials, budgeted at approximately $7.5 million, into production in 2007.

Overall revenues from the Company's proprietary library of $84,255 were lower than for the same period 2005, as expected, and reflected that the new distribution agreement with Carrere Group is not expected to start generating sales and revenues until the fourth quarter and into next year. The Company's cash on hand increased by $58,498 or approximately 9% to $719,263 as compared to $660,765 in the quarter ended June 30, 2006, primarily as a result of cash flow from payments for the production of Across the River to Motor City. Cash on hand as at September 30, 2006 increased approximately 300% since December 31, 2005 reflecting both the production cash flow from Across the River to Motor City and the proceeds of a successful private placement that closed May 31, 2006.

Five-time Emmy Award-winning Devine Entertainment Corporation develops, produces and distributes children's and family entertainment for the theatrical motion picture, television and Video/DVD marketplace worldwide. Their film series on landmark Composers', Inventors' and Artists' are critically acclaimed and broadcast in over 50 countries. The Company recently completed its first feature film for theatrical release, Bailey's Billion$, which was released in North America on August 5, 2005 and is currently being distributed worldwide. Headquartered in Toronto, the Company's common shares trade on the NASD OTCBB market in the U.S. under the symbol DVNNF. The Company's corporate website is www.devine-ent.com .

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This press release may contain forward-looking statements relating to the future performance of Devine Entertainment Corporation. Forward-looking statements, specifically those concerning future performance and the achievement of operating profitability are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include the market acceptance of the Company's products and services; competition within the film and entertainment industry and the introduction of new entrants and/or products in the Company's markets; adverse changes in governmental regulations and policies affecting the film and entertainment industry; product development risks and risks of technological change; the risk of unanticipated expenses; and other risks and uncertainties all as described in the disclosure documents filed with securities regulatory authorities in accordance with applicable securities laws. Readers are cautioned that the foregoing list of factors is not exhaustive. Although the Company believes that the expectations conveyed by the forward-looking statements are reasonable based on information available to it on the date such forward-looking statements are made, no assurances can be given as to future results, levels of activity and achievements. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.