VIRGIN ENTERTAINMENT JAMS WITH WAVO

Virgin Entertainment Group has hooked up with WAVO Corporation for a worldwide launch of their new digital music delivery service at www.virginjamcast.com.

The site offers CD-quality digital music files to potentially every Internet user in the world who's not busy downloading files of Jennifer Lopez in her Grammy Versace.

Virgin JamCast customers will automatically receive new tracks every week from both established and developing artists. These files will be sent directly to their hard drives. In addition, the site will offer customers the chance to search the music library, purchase CDs and downloading music files.

Said WAVO Corporation President Peter M. White: "By marrying the world-class Virgin brand with WAVO's exclusive Internet delivery capabilities, Virgin JamCast is powerfully positioned to lead a new digital music revolution... just as soon as we cash out our MP3.com stock."

Added Virgin Entertainment Group CEO Glen Ward: "Virgin Entertainment Group aims to be the best multi-channel music and entertainment retailer in the marketplace. This powerful ‘clicks and bricks’ strategy creates an Internet entertainment powerhouse unmatched in the industry. At least that's what my portfolio manager tells me."

Virgin JamCast currently has more than 150, 000 tracks in its music library, from artists such as Dave matthews Band, Soul Asylum and Alison Krauss. An additional 300,000 CDs are available for purchae from the Virgin Megastore Online's selection of CDs.