Euro-Net Investments Ltd. - Correction & Update

    TORONTO, March 10 /CNW/ - The press release distributed on January 21,
2008 was supposed to read "IRSG, the firm's IR firm was organizing the buyer's
group and that Euro-Net will pay a 10% commission to licensed agents, no
options will be issued in connection with this offering."
    Furthermore, the company can now extend its Corporate Rates Program for
the Sheraton Centre in Montreal to all shareholders of Euro-Net. Proof of
share position confirmed either through a brokerage firm or ComputerShare or
to the firms at the Head office in Toronto, 1 King Street West, Suite 4702,
416-544-3442,, will automatically guarantee significant
reduction in room rates for traditional guest rooms. Euro-Net is currently
negotiating a wider-use program with Starwood. Please note that in order to
take advantage of this benefit, you will require a SET corporate number. This
can be obtained by calling our office, or by calling Julie Dion at
515-878-2038 or by e-mail at

    This press release contains certain "forward-looking statements" that
involve a number of risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements.

    %SEDAR: 00005362E

For further information:

For further information: Mr. Hakim Usman, Chairman, Tel: (416) 544-3442,
E-mail:; OR Mr. Ron Paquet, Vice-President,
(Communications), IRSG, Tel: (416) 440-9848

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Euro-Net Investments Ltd.

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