From: alerts@equityalert.com
To: alewis@ect.enron.com
Date: 2000-12-12 15:37:00+00:00
Subject: Your News Alert for SNMM

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Starnet Confirms Special Meeting Continuation; Company Extends Vote on
Reorganization Proposal

ST. JOHNS, Antigua, Dec 12, 2000 (BUSINESS WIRE) -- Starnet Communications
International Inc. (OTC-BB: "SNMM")("Starnet"), a leading provider of
interactive media and information systems for companies engaged in the 
internet
gaming industry reported on its December 8 special shareholders meeting. The
special meeting of shareholders was adjourned and continued to 10 a.m. local
time on December 21, 2000 at the Royal Antiguan Hotel in St. Johns, Antigua in
order to establish a quorum and to solicit additional proxies on the proposal 
to
reorganize into a U.K.-based parent company.

Shareholders who have not received their proxy materials or are having
difficulty with the voting procedure are asked to contact Starnet Investor
Relations at ir@snmm.com or (604) 608-2255, or alternatively the company's 
proxy
solicitors and information agents, Regan & Associates, at 1-800-737-3426 or
(212) 587-3005.

As part of Friday's session, Interim President and CEO Fred Hazell discussed 
the
reorganization proposal and conducted a question and answer session. Hazell
reaffirmed that the company believes the United Kingdom provides an 
environment
more supportive of companies which are involved in the online gaming industry
than North America, and that the relocation will provide improved access to
sophisticated capital markets, amongst other advantages.

Information regarding Starnet's reorganization proposal and the special
shareholders meeting is also available from Starnet's corporate website,
www.snmm.com. The information is accessible by clicking on the "Corporate
Reorganization" link on the home page.


About Starnet

Starnet is a leading developer and producer of Internet technologies for 
gaming
applications. The company's new software, Beyond2000, which began a phased
launch in August, 2000, will offer a full suite of gaming products, including
casinos, sports betting, bingo, lotto, and horse racing. Games are available 
in
a number of different formats including Java, C++, and HTML and comprehensive
marketing support software is also provided. For more information, please 
visit
www.snmm.com or email sales@starnetsystems.net.

Starnet is an SEC reporting US (Delaware) corporation, which currently trades 
on
the Over-The-Counter Bulletin Board. The company began trading in September of
1997 under the symbol "SNMM". Starnet is also listed on the Berlin and 
Frankfurt
Stock Exchanges where it is traded on the Over-The-Counter market under the
symbol "SNM".

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: The statements contained herein which are not historical fact are
forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in the
forward-looking statements, including, but not limited to, certain delays in
testing and evaluation of products and other risks detailed from time to time 
in
Starnet's filings with the Securities & Exchange Commission. We assume no
responsibility for the accuracy and completeness of these statements and are
under no duty to update any of the forward-looking statements contained herein
to conform these statements to actual results. This is not an offer to sell 
or a
solicitation of an offer to purchase any securities.


CONTACT:          Starnet Communications International Inc.
Rob Grace, (604) 608-2255
Investor Relations Manager
North American Toll Free- 1-888-883-0833
Email - ir@snmm.com
Or
Ogilvy Public Relations Worldwide
Amy Mumma, (212) 884-4036

URL:              http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire.  All rights reserved.

-0-


KEYWORD:          INTERNATIONAL LATIN AMERICA
INDUSTRY KEYWORD: E-COMMERCE
INTERNET
SOFTWARE
GAMING



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