BRANCHEZ-VOUS! discloses its results for Q1 2004

A provision for loss share in a company subject to significant influence of $ 20,000 was registered in Q1 2004, to account for the 25% investment in Passeport media International Inc. (.PMI.) hold by the Company since March 21, 2003, and which is accounted for using the equity method. Net income increased by $ 14,000 or 52 %, from $ 27,000 in Q1 2003 to $ 41,000 in Q1 2004. This is mostly due to an increase in advertising sales.

Net earning per share stayed flat at 0 cent per share in Q1 2004, compared to Q1 2003. The weighted average of outstanding shares during the quarter and the number of outstanding shares as at March 31, 2004 was 28,935,117.

Assets increased by $ 89,000 or 12%, from $ 713,000 as at Dec. 31, 2003 to $ 802,000 as at March 31, 2004. This is mostly due to an increase in accounts receivable. As at March 31, 2004, BRANCHEZ-VOUS! had $ 31,000 in cash and cash equivalents and $ 151,000 in short term investments. The Company believes that it has sufficient funds to continue for the foreseeable future. Shareholders. equity increased by $ 42,000 or 8%, from $ 532,000 as at Dec. 31 2003 to $ 574,000 as at March 31 2004. This is mostly due to Profit from continuing operations between these two dates. As at March 31, 2004. The Corporation had 28,935,117 Issued and Outstanding Common shares.

Corporate reorganization and subsequent events

The Corporation concluded an agreement with the three founding shareholders on December 19, 2002 under which the Corporation gave the option to these shareholders to assume the current operations of the Corporation, and all of the underlying net asset, except for one half of the cash and short-term investments, in exchange for 13,999,145 shares of the Corporation and all options granted to these shareholders.

On September 25, 2003, the three founding shareholders of the Corporation exercised their option in the December 19, 2002 agreement. Under the agreement, the transaction was to be completed within 90 days following the exercise of the option. On December 17, 2003, the board of directors approved an indefinite extension to this transaction and as of December 31, 2003 this transaction had not been initiated.

In addition, the Corporation entered into an agreement with Passeport Media International inc., (.PMI.) following the investment made on March 21, 2003. Under this agreement the Corporation has the right to invest an additional amount of $ 350,000 to acquire another 25% of PMI.s voting shares. Subsequently, the remaining 50% of PMI.s voting shares would be acquired by the Corporation in exchange for shares equal to 50% of issued and outstanding common shares of the Corporation. This transaction must be approved by the shareholders and the regulatory authorities.

In March 2004, PMI informed the Corporation it would welcome the second round of $ 350,000 to be invested by the Corporation. On April 1, 2004, the Board of the Corporation decided to proceed with such investment.

Should the corporate reorganization be completed as planned, this will result in a discontinuation of all current operations of the Corporation presented in these financial statements and the acquisition of all remaining shares of PMI in exchange for cash and shares. This transaction would materially impact the financial results and the earnings of the Corporation.

About BRANCHEZ-VOUS! inc.

BRANCHEZ-VOUS! is a media company. It currently derives most of its revenues from advertising on proprietary and third-party Web sites and in e-mail bulletins. The company also owns a 25 % stake in Passeport Media International (.PMI.), a media company offering electronic advertising in airports. PMI currently operates electronic billboards within the Montreal-Trudeau International and should begin operating in the Calgary International Airport in the coming months.

Additional information about the corporation is available on SEDAR (www.sedar.com)

- 30 - For information :
Patrick Pierra
President and CEO
Phone : 514-842-3838 ext. 249
http://www.branchez-vous.com/contacts/