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Gold/Mining/Energy : Leisure Canada LCAN Cuban Hotel stock -- Ignore unavailable to you. Want to Upgrade?

To: The Barracuda™ who wrote (16)	5/3/1999 12:10:00 PM
From: sPD	Read Replies (2) \| Respond to of 52

CNN broadcast CNN follows successful international broadcast of Leisure Canada Inc. activities with a North American broadcast VANCOUVER, May 3 /CNW/ - Leisure Canada Inc. is still receiving a tremendously positive feedback from the international broadcast of acclaimed CNN program ''Fortune'', which featured key interviews with Leisure Canada management. Exciting responses are arriving from around the globe, resulting from the Latin American, Asian and European feeds reaching 160 million viewers. This same episode of ''Fortune'' which will air on Wednesday, May 5th at 8:00 pm Eastern, will now captivate 30 million North American viewers and expose Leisure Canada to tens of thousands of investors. SUCCESSFUL STRATEGY EXECUTION ----------------------------- - Secured the rights to develop some of Cuba's most desirable waterfront Properties. - Significant strategic alliances in place: - Gran Caribe Hotels, the Cuban Hotel Company, for the Development of four sites with a total of 11 hotels, two 18-hole championship golf courses, health spas, shopping centres and other facilities; - Le Meridien Hotel Group, one of Europe's leading hotel groups and a division of the famed Forte Hotels, for the design, development of three of the first-phase hotels at Leisure Canada's Jibacoa (pronounced hee-ba-ko-a) site; - PGA Golf Management Ltd, for the design, development and operation of the first golf course at Jibacoa. GIANT MARKET POTENTIAL ---------------------- - Cuban tourism market reached $1.8 billion in 1998 - Growth in Cuban tourism in excess of 19.6% annually between 1991 and 1998 - Tourism projected to double between 1998 and 2001 - U.S. government suggests that even under a partial lifting of the embargo, 6 million U.S. residents will visit Cuba in the first year alone. -30- For further information: Ryan Mulhern, 1-888-600-8687