INT

Intertainment Media Inc. ("Intertainment" or the "Company") (TSX
VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) is pleased to announce that the Company
has applied to the TSX Venture Exchange ("TSXV") for an amendment of the
exercise price for the 6,875,986 warrants issued on October 26, 2012 and the
4,520,000 warrants issued on November 30, 2012 (collectively, the "Warrants")
having an exercise price of $0.29 per common share to October 26, 2014 and
November 30, 2014, respectively. The proposed amended price will be $0.10 per
common share. The Warrants are also being amended to include a provision that if
the closing price of the common shares exceeds $0.125 on the TSXV for 10
consecutive days of trading at any time, after the amendment date, the exercise
period will be reduced to 30 days commencing on the seventh calendar day
following the tenth day of such trading. The amendments of the Warrants will be
effective following TSXV acceptance and the satisfaction of the requirements of
the TSXV. All other terms of the Warrants remain the same. Warrantholders are
advised that replacement Warrant certificates will not be issued and that the
original Warrant certificates must be presented in order to effect the exercise
or transfer of such Warrants.


Intertainment Media Inc. - www.intertainmentmedia.com

Intertainment is one of Canada's leading technology incubators and is focused on
developing, nurturing and investing in both North American and global
technologies and companies that provide technology solutions for brands and
consumers alike. Intertainment also owns and operates a number of key properties
including Ortsbo, Deal Frenzy, The Sweet Card and Magnum, with investments in
leading edge technologies and social media platforms including theaudience.com,
capthat.com and Yappn.com. For more information on Intertainment and its
properties, please visit www.intertainmentmedia.com.


Intertainment is headquartered in the Toronto, Canada region, with offices in
New York, Los Angeles and San Mateo, CA and is listed on the TSX Venture
Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX
Market under the symbol "ITMTF". Intertainment is also traded in Europe on the
Open Market (Regulated Unofficial Market) of the Frankfurt Exchange through the
XETRA trading platform under the symbol "I4T".


This news release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, is
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the company's disclosure documents on the SEDAR website at
www.sedar.com. The company does not undertake to update any forward-looking
information except in accordance with applicable securities laws. 


This release may contain forward looking statements within the meaning of the
"safe harbor" provisions of US laws. These statements are based on management's
current expectations and beliefs and are subject to a number of risks and
uncertainties that could cause actual results to differ materially from those
described in the forward looking statements. Intertainment Media Inc. does not
assume any obligation to update any forward looking information contained in
this news release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CORPORATE CONTACT:
Intertainment Media Inc.
David Lucatch, CEO
info@intertainmentmedia.com
www.intertainmentmedia.com

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