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To: reg who wrote (231)1/30/1998 11:00:00 PM
From: sPD  Respond to of 37507
 
The full, unedited release on the TSE listing

JANUARY 30, 1998

Internet Liquidators International Inc. Secures TSE
Listing Approval

TORONTO, ONTARIO--Internet Liquidators International Inc. (CDN
Symbol: ILII) is pleased to announced that it has received
conditional approval for listing its common shares on The Toronto
Stock Exchange (TSE). The Company expects its shares to begin
trading on the TSE by mid-February.

"Joining the prestigious family of TSE-listed companies represents
a major step in the realization of our business plan," said Paul
Godin, President and CEO of Internet Liquidators. "This follows
closely on the completion of a $9,502,000 institutional equity
financing. The Company cleared final prospectus on Monday,
January 26, 1998, which qualified the issue of 6,335,000 units of
one common share and one-half a common share purchase warrant
each, through the automatic exercise of 6,335,000 special warrants
sold on October 3, 1997."

Internet Liquidators International Inc. is a preeminent provider
of online auction services over the Internet's World Wide Web.
The new Toronto Stock Exchange approval will make ILII the only
e-commerce company listed on the TSE.


Through its online auctions, ILII offers a wide variety of branded
consumer goods at significant discounts to retail prices. The
Company maintains offices in Toronto, Canada and Tampa, Florida,
and has significant equity participation from partners including
America Online and Torstar.

The common stock of Internet Liquidators is quoted for trading on
the Canadian Dealing Network under the symbol "ILII."

disclaimer

FOR FURTHER INFORMATION PLEASE CONTACT:
Internet Liquidators International, Inc.
Paul Godin
President and CEO
(905) 672-7467
or
Internet Liquidators USA
Jeff Lymburner
President
(813) 636-8205
or
Morgen-Walke Associates
Lee Foley
(212) 850-5600
or
Morgen-Walke Associates
Elizabeth Pieroni
(212) 850-5600

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: INTERNET LIQUIDATORS INTERNATIONAL INC.

CANADIAN DEALING NETWORK SYMBOL: ILII