To: Troy Griffin who wrote (5 ) 3/28/2001 2:45:00 PM From: Troy Griffin Read Replies (1) | Respond to of 20 HORSEPOWER™ 2 PREPARES FOR $USD WAGERING IN APRIL Vancouver, British Columbia [Business Wire] March 28, 2001. Sungold Entertainment Corp. (OTC Bulletin Board: SGGNF News) announced that the Horsepower Broadcasting Network (HBN) International Ltd. a 100% wholly owned subsidiary of Sungold Entertainment Corp. is preparing for an April launch of the Horsepower 2 equal chance virtual racing system for $USD wagering. Online gaming licensing is being arranged in a tightly regulated sovereign domain state of the art online hosting is in place with the scalability to handle world wide lottery style wagering activity. Sungold has confirmed that appropriate security is in place and that bandwidth and server capacity will be second to none in the online wagering industry. Players will be able to place wagers from $2 to $100,000 on races run approximately every 90 seconds. RECIPROCAL ONLINE PARTNERS Horsepower is currently negotiating agreements with companies that operate hundreds of online casino and sports sites that wish to do reciprocal promotions with Horsepower 2. These sites are receiving millions of visitors/players and Horsepower represents the ideal promotional partner with its unique www.horsepowernetwork.com virtual racing system. Horsepower is committed to virtual racing and believes the Horsepower Jackpot and Quick 6™ will be attractive to casino players as well as lottery, keno, bingo and horseracing gambling enthusiasts. Sungold Entertainment Corp. (OTCBB: SGGNF) Per: “Kim N. Hart” Kim Noble Hart, President & CEO For more information regarding this release or to be updated on future corporate news, please contact Anne Kennedy at (604) 669 9580. This news release contains forward-looking statements regarding projected revenues. Forward-looking statements address future events and conditions based on the opinions and estimates of management and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking statements. -- Regards, Anne Kennedy, Director Sungold Entertainment Corp. 500 Park Place, 666 Burrard Street Vancouver, BC V6C 3P6 Tel: (604) 669-9580 Fax: (604) 669-9577 Email: akennedy@sungoldent.com Website: www.sungoldentertainment.com Website: www.horsepowernetwork.com