CarEm Enterprises Inc.



    TORONTO, Feb. 27 /CNW/ - CarEm Enterprises Inc. ("CarEm") wishes to
advise that it has subscribed for a $5,000,000 aggregate principal amount 10%
Unsecured Debenture (the "Debenture") of Broadband Learning Corporation
("BLC"). Subject to regulatory approval and, if necessary, BLC minority
shareholder approval, CarEm will also receive 30,000,000 warrants (the
"Warrants") to acquire common shares of BLC ("BLC Shares"). The Warrants are
exercisable at any time up until February 26, 2010, at the option of the
holder, into BLC Shares at an exercise price of $0.10 per share, subject to
customary anti-dilution adjustments. The Warrants, when combined with the
$1,000,000 5% Convertible Unsecured Debenture dated September 26, 2006, the
$1,500,000 10% Convertible Unsecured Debenture dated November 6, 2007 and the
15,000,000 warrants to acquire BLC Shares already held by the Corporation
(collectively the "CarEm BLC Securities"), will give the Corporation the right
to convert into up to 70,000,000 BLC Shares in the aggregate, or approximately
70.8% of the issued and outstanding BLC Shares.

    CarEm has agreed to acquire the Debenture and the Warrants for investment
purposes. CarEm had prior holdings (being the CarEm BLC Securities) in BLC
representing 58.8% of the total issued and outstanding shares of BLC on an
as-if converted basis.





For further information:

For further information: CarEm Enterprises Inc., 40 King Street West,
Suite 2100, Toronto, ON, M5H 3C2, Louise A.M. Maty, Assistant-Secretary, (416)
687-5322

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CAREM ENTERPRISES INC.

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