April 23, 2002

Trading Symbol CDNX: CCB
US SEC Exemption No. 82-3378


RICHMOND-Mr. Terence A. Ibbetson of CON-SPACE COMMUNICATIONS LTD., (CDNX: CCB), announced today that the Company has granted 750,000 Incentive Stock Options to its employees and directors, subject to approval by the TSX Venture Exchange. Each option will represent the ability to purchase one Common Share of the Company at a purchase price of $0.14 per share. The options are exercisable on or before April 22, 2004. The average closing price of the Company's shares was $0.18 during the preceding ten day trading period.

"Our employees are the company," said Ibbetson, adding, "so they should benefit from the growth they help to create."

For more information, please call Jim Swanson, Investor Relations, CON-SPACE COMMUNICATIONS LTD., (604) 244-9323, (800) 755-2528 in the U.S., or by e-mail [email protected]. "Forward-looking" statements in this release involve risks and uncertainties associated with, among others, economic, industry conditions, technological development, and competition and should not be relied upon as actual results may differ materially from those projected.

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