LiveStar Ent. (fka LSTE)

[Dallas Boy50]

LIVESTAR Entertainment Group, Inc. Announces New Ticker Symbol "LSTE"
LAS VEGAS, NV -- (MARKET WIRE) -- 09/01/2004 -- Today, LIVESTAR Entertainment Group, Inc. ("LIVESTAR" or the "Company") (OTC BB: LSTA) announced that effective Thursday, September 2, 2004, LIVESTAR's common stock will trade under the new ticker symbol LSTE.

The new ticker symbol will reflect the Company's commencement of trading after its reverse split ratio of one thousand (1000) shares into one (1) share as determined by the Board of Directors. The Company requested in its notification letter to the NASD that its common stock be allowed to trade post split at the earliest date possible. The NASD subsequently approved the September 2, 2004 date.

The Company had originally planned on not having the split apply to holders of 100 shares or less. Upon review of this provision with certain regulators, it was determined that this provision was unfair to shareholders holding over 100 shares and was dropped as a provision of the reverse split.

ABOUT LIVESTAR ENTERTAINMENT GROUP, INC.

The core business of LIVESTAR Entertainment Group, Inc. is the development of entertainment entities, specifically; Liquor Licensed Entertainment Establishments (namely nightclubs and lounges) and Live Entertainment (concerts and special events).

Statements contained herein that are not based on historical fact are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. LIVESTAR Entertainment Group, Inc intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause LIVESTAR Entertainment Group, Inc.'s actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in LIVESTAR Entertainment Group, Inc.'s applicable public filings on record with the Securities and Exchange Commission which can be viewed at its website at http://www.sec.gov.

Please visit our website: www.LIVESTAR.net.





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For more information please contact:
Loyola Financial Shareholder Communications
http://www.loyolafinancial.com
[e-mail]
Phone: [phone]


SOURCE: LIVESTAR Entertainment Group, Inc.

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