Effective at the opening on November 17, 1998, Arapaho Capital Corp. commenced trading on the Vancouver Stock Exchange. The company is classified as a "VCP" company and trades under the symbol "AHO". 

The purpose of a Venture Capital Pool issue is to provide Arapaho Capital Corp. with a minimum of funds with which to identify and evaluate assets or businesses with a view to completing a Qualifying Transaction. The Qualifying Transaction must be accepted by the VSE and receive the support of the majority of the minority shareholders of the company. Arapaho Capital Corp. does not have business operations or assets other than seed capital, and has no written or oral agreements for the acquisition of an asset or business at this time.

The directors, officers and management of the Company are as follows: Brian E. Bayley, President, Director, Chief Executive Officer and Chief Financial Officer, K. Peter Miller, Director, A. Murray Sinclair, Director, Sandra Lee, Corporate Secretary.

Arapaho Capital Corp. has completed its initial distribution of shares to the public for total gross proceeds of $202,500 (675,000 shares at $0.30 per share). The company’s capitalization is 100,000,000 with no par value of which 1,500,000 common shares are issued and outstanding (with 500,000 shares held in escrow). Montreal Trust Company of Canada is the transfer agent and Canaccord Capital Corp. is the sponsoring Member.

For further information, please refer to the Company’s Prospectus dated October 5, 1998 and for VCP guidelines, the Vancouver Stock Exchange web site at www.vse.ca.

ARAPAHO CAPITAL CORP.
Mr. Brian E. Bayley, President
Suite 850 - 1095 West Pender Street
Vancouver, BC V6E 2M6
Telephone: (604) 689-1428