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New Listing Bulletin

For Immediate Release

99/39


CONTACT:

September 9, 1999

WADE J. MURRAY
information@vse.ca
(604) 643-6592
   FIRST TOWER ENTERPRISES INC. LISTS ON THE VSE

Listed:

September 9, 1999
Symbol: FTE
Classification: VCP
Business: To identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation subject to receipt of shareholder approval and acceptance for filing by the Exchange.
Management: Don De Cotiis, President, Chief Executive Officer and Directory; Graeme Sewell, Chief Financial Officer and Director; Negar Towfigh, Secretary; Nick De Cotiis, Director; Conrad Clemiss, Director; Greg Burnett, Director; Allen Sewell, Director.
Incorporation: British Columbia, February 4, 1999
Agent: Yorkton Securities Inc.
Agent's Warrants: 250,000 non-transferable warrants, exercisable into shares at a price of $0.20 per share, up to March 9, 2001 (18 months from the day the Company's common shares are listed for trading).
Transfer Agent : Pacific Corporate Trust Company
Offering: $500,000 (2,500,000 shares at $0.20 per share)
Capitalization: 1,000,000,000 common shares with no par value
Issued: 4,500,000 common shares are issued and outstanding
Escrow: 2,000,000 common shares
Contact: Don De Cotiis, President
Address: 1100 - 1055 West Hastings Street
Vancouver, BC  V6E 2E9
Phone: (604) 689-2999
For further information, please refer to the Company's Prospectus dated August 17, 1999

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