Digital Courier Secures Bridge Financing.

VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 5, 1997-- Digital Courier International (Alberta Stock Exchange: DIC) -- Digital Courier International Corporation announced today that it has arranged a $2,500,000 bridge financing with its two largest shareholders.

The Company will secure the financing by issuing convertible debentures to CIBC Wood Gundy Capital and MPR Teltech Ltd., a subsidiary of BC Telecom Inc.

As announced September 17, 1997, Digital Courier has engaged Research Capital Corporation, Kearns Capital Corporation, Levesque Beaubien Geoffrion Inc. and CIBC Wood Gundy Securities Inc. to assist it in completing a private placement of Special Warrants for proceeds of a minimum of $10,000,000 and a maximum of $15,000,000. The proceeds of the convertible debentures will be used to provide the Company with working capital pending the completion of the private placement. MPR Teltech Ltd. and CIBC Wood Gundy Capital (SFC) Inc., an affiliate of CIBC Wood Gundy Capital, are currently shareholders of DCI, holding 4,929,434 and 4,872,035 common shares, respectively, representing approximately 29 percent each, of the outstanding common shares of Digital Courier.

The convertible debentures bear interest at a rate of 15 percent per annum and are due and payable on the earlier of December 31, 1997 or the completion by the Company of an equity offering with net proceeds of not less than $8 million. The debentures are guaranteed by the Company's wholly owned subsidiary, Digital Courier International Inc. ("DCI") and are secured against the assets of the Company and DCI. The debentures are convertible into common shares of the Company prior to repayment at a conversion price equal to the weighted average market price of the common shares during the ten day trading period ending five days prior to the exercise of the conversion rights.

Digital Courier International is a leading supplier of electronic distribution and communications services for the media broadcast marketplace, having signed over 5,000 radio stations, duplication companies, production studios and record companies across North America as customers. DCI's state-of-the-art, two-way digital distribution network enables fast and reliable delivery of CD-quality audio, text and data, and provides the only open platform that allows for full integration with radio broadcast and advertising industry members for the purpose of audio and information exchange.

Visit DCI on the Internet at http://www.digitalcourier.com . -0-

The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein.

CONTACT: Digital Courier International Corporation

Al Kozak, 604/415-3304

or

Digital Courier International Corporation

Don Myers, 604/602-2480

US Toll Free 1-800-663-8013

E-Mail: [e-mail]