BRANCHEZ-VOUS! discloses its financial results for the quarter and the six-month period ended June 30, 2004

These results helped the Corporation strengthen its balance sheet. As at June 30, 2004, shareholder.s equity grew to $ 625,000 . 44 % of which related to the long-term investment of $ 274,000 held by the Corporation in Passeport Media International (.PMI.).

Results

For the second quarter 2004, BRANCHEZ-VOUS! had revenues of $ 490,000, compared to revenues of $ 377,000 for Q2 2003. This increase of $ 103,000 or 30 % is due to increased advertising sales. On a sequential basis, compared to revenues of $ 320,000 in Q1 2004, revenues increased by $ 170,000 or 53 %. Because of seasonal fluctuations, Q2 revenues are usually stronger than Q1.s. For the first half of 2004, BRANCHEZ-VOUS! had revenues of $ 814,000, an increase of $ 184,000 or 29 % compared to revenues of $ 630,000 for the first half of 2003. This increase is due to increased advertising sales.

On a quarterly basis, Income from continuing operations increased by $ 98 000 or 156 %, from 63 000 $ in Q2 2003 to $ 161 000 in Q2 2004. This is mostly due to increased advertising sales. On a sequential basis, Income from continuing operations increased by $ 100 000 or 164 %, compared to $ 61 000 in Q1 2004. This is mostly due to increased advertising sales. On a semi-annual basis, Income from continuing operations increased by $ 98 000 or 104 %, from $ 94 000 for the first half of 2003 to $ 192 000 for the first half of 2004. This is mostly due to increased advertising sales.

On April 1st, 2004, the Corporation entered into the final phase of a projected corporate reorganization initiated in 2002. In Q2 2004, $ 80,000 was registered as non recurring extraordinary expenses, including provisions, for non-recurring fees to accountants, legal advisers, sponsor and securities commissions related to this projected reorganization. No such expense was registered in Q2 2003, nor in Q1 2004.

Since March 21, 2003, the Corporation owns 5,236 Preferred shares of Passeport Media international (.PMI.). These shares have a 10% cumulative preferred dividend, are voting and are convertible into common shares of PMI representing 25% of the share capital of PMI. As PMI is considered as a corporation subject to significant influence from the Corporation, this investment is accounted for using the equity method., this investment is accounted for using the equity method. The Corporation estimates that, in the first half of 2004, PMI incurred a loss of approximately $ 80,000, resulting in a provision for a loss in a long term investment of $ 20,000 for the Corporation in the first half of 2004. As such provision had been entirely registered in Q1 2004, no other provision was recognized in Q2 2004. In the first half of 2003, for the period from March 21 to June 30, 2003, the Corporation had registered $ 13,000 as a share of the loss in a company subject to significant influence.

In Q2 2004, the net income increased by $ 1,000 or 2 %, from $ 50,000 for Q2 2003 to $ 51,000 in Q2 2004. On a sequential basis, the net income increased by $ 10,000 or 24 %, compared to $ 41,000 in Q1 2004. This is mostly due to an increase in sales. On a semi-annual basis, the net income increased by $ 15,000 or 19 %, from $ 78,000 in the first half of 2003 to $ 93,000 in the first half of 2004. This is mostly due to an increase in sales. On a per share basis, the earnings per share was essentially nil in Q2 2004, in Q2 2003, in Q1 2004, in the first half of 2003 and in the first half of 2004.

Balance Sheet

Assets totalled $ 921,000 as at June 30, 2004, compared to $ 713,000 as at Dec. 31, 2003. The increase is mostly due to an increase in accounts receivable. As of June 30, 2004, BRANCHEZ-VOUS! held $ 90,000 in cash and cash equivalents. This amount compares to $ 75,000 in cash and cash equivalents held as at Dec. 31, 2003.

Shareholders. equity was $ 625,000 as at June 30, 2004, compared to $ 532,000 as at December 31, 2003. The increase is mostly due to the net income registered in the first half of 2004.

Number of shares: As at June 30, 2004, the Corporation had 28,935,117 issued and outstanding common shares.

Corporate reorganization

In 2002, the Corporation entered into a long-term corporate reorganization project, as detailed in the Financial statements, which would include the sale of its Internet operations to three founding shareholders and the acquisition for stock and cash of 100 % of PMI.

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, subject to any required regulatory and shareholders. approval.

On June 1st, 2004, the founding shareholders pledged to cap to a maximum of $150,000 the value of net assets they would buy in the sale of internet assets transaction, subject to certain conditions.

Management is planning to obtain the TSX Venture Exchange's, regulatory and shareholders' approvals which are still required for these transactions before the end of 2004.

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. 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 Airport and the Calgary International Airport.

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Contact

Patrick Pierra, CEO
Phone: 514 842-3838 ext. 249
http://www.branchez-vous.com/contacts/