Devine Entertainment Reports Second Quarter 2006 Results; Company is Optimistic about 2006-2007 Production Slate.

TORONTO -- Devine Entertainment Corporation (OTCBB:DVNNF) today reported results for the second quarter and six months ended June 30, 2006. All amounts are in Canadian dollars. The Company reported a modest net loss of $147,639 or ($0.00) per share for the three months ended June 30, 2006. The net loss for the six month period ended June 30, 2006 was $298,216 or approximately ($0.01) per share as compared to net earnings of $943,338 or $0.03 per share for the same six month period in 2005.

The Company's second quarter activities in 2006 continued the trend started in the first quarter of 2006 and were focused on preparing its new production slate for 2006 and 2007, specifically the new primetime mystery series for Chum Television, Across the River to Motor City and the Canada-France co-production of The Writers' Specials. Agreements signed with Chum Television and Carrere Group in the quarter are expected to generate revenues of over $4,000,000 in the first half of 2007 when new film and television programs are delivered.

Overall revenues from the Company's proprietary library of $115,414 were lower than for the same period 2005, and reflected that the Company's feature film, Bailey's Billion$, has completed its first sales cycle generating over $6.1 million in revenues in 2004 and 2005. The Company's cash in hand increased by $471,077 or approximately 248% to $660,765 as compared to $189,688 in the quarter ended March 31, 2006, primarily as a result of cash flow from the proceeds of a successful private placement that closed May 31, 2006 and initial payments for the Across the River to Motor City production received in June of 2006. Shareholder's equity increased by $410,810 in the quarter ended June 30, 2006 to $5,435,857, reflecting an increase of $263,833 from $5,172,024 as at December 31, 2005.

President and CEO David Devine noted, "The Company is optimistic about its renewed production slate for 2006 and 2007. Fully financed and budgeted at $8,100,000, the Company has commenced pre-production of the first six episodes of the new primetime series, Across the River to Motor City. Principal photography of the series is scheduled to begin September 2006 and contracted and committed pre-sales are expected to generate revenues of over $3.9 million when the series is delivered in the first six months of 2007. In addition, a new distribution agreement with Carrere Group of France and pre-sale commitments from broadcasters France 5, TPS Jeunesse, TVOntario and Knowledge Network for the Company's new Writers' Specials series support the Company's expectation that at least one other major production will commence in the next 12 months."

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 OTCBB market in the U.S. under the symbol DVNNF. The Company's corporate website is www.devine-ent.com.

CONSOLIDATED STATEMENTS OF OPERATIONS
                              (Unaudited)
                         (in Canadian dollars)

                        Three months ended         Six months ended
                             June 30                   June 30

                       2006         2005         2006         2005
                    -----------  -----------  -----------  -----------
REVENUE             $  115,414   $ 2,892,261  $  279,274   $ 3,370,497
Operating Expenses:    156,200       214,791     388,577       389,835
NET INCOME/(LOSS)
 for the period       (147,639)      920,861    (298,216)      943,338
NET INCOME/(LOSS)
 PER COMMON SHARE   $    (0.00)  $      0.03  $    (0.01)  $      0.03
                    -----------  -----------  -----------  -----------
WEIGHTED AVERAGE
 SHARES - (BASIC)    36,509,950   35,103,783   35,949,936   33,950,801

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.