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To: SSP who wrote (26041)	2/9/2000 10:40:00 AM
From: SSP	Respond to of 150070

Peacock Financial Reaffirms Support in Desert Winds Entertainment Corp. SAN DIEGO, Feb 9, 2000 (BUSINESS WIRE) -- Peacock Financial Corp. (OTCBB:PFCK) clarified its position with regard to Desert Winds Entertainment (OTCBB:DESW), a film and stage production company based in Mesa, Ariz. Peacock management today stated that it has a strong vote of confidence in Desert Winds Entertainment, and that it wishes this position to be made known to shareholders of both companies. Steven R. Peacock, president and CEO of Peacock Financial, commented: "We believe the announcement made earlier this week pertaining to our decision to convert an existing 1999 note into Desert Winds Entertainment common stock may have been misinterpreted by some investors. "The purpose of converting was so Peacock Financial could show the DESW asset on their balance sheet and grow with Desert Winds Entertainment as a long-term investor. We are definitely not sellers!" In a Feb. 7, 2000, news release, Peacock said: "We believe the valuation (of DESW) will be much greater in the future." Peacock management sees the potential in the fast-growing digital television industry and in broadcasting programming over the Internet, a niche that Desert Winds has both the technological expertise and the access to content to execute. "We want to be part of this company's future, as it fits extremely well with our investment philosophy," stated Peacock. Peacock Financial, as a registered BDC (Business Development Company), often has been referred to as an identifier of young, emerging companies that, whenever possible, it "incubates" by acquiring an equity stake, and subsequently offers its shareholders shares of such companies via a stock dividend. More information about Peacock Financial can be found at www.peacockfinancial.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. This release contains forward-looking statements that involve risks and uncertainties. Copyright (C) 2000 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: Stock Enterprises, Las Vegas James Stock, 702/614-0003 or OTC Financial Publications Mario "Ike," 800/878-9460 or Company Web site addresses: www.desertwinds-ent.com www.peacockfinancial.com