By Paul
Vancouver, BC: April 29, 2002 ~ Sungold Entertainment Corp. (OTCBB: SGGNF, Frankfurt: WKN 608164) Sungold Entertainment Corp. (SGGNF:BB) announces that Horsepower Broadcasting Network (HBN) International Ltd. reports rapid growth in the Horsepower2 game on five Continents with the greatest growth coming from Asia. New Horsepower2 player registrations from February to April 2002 compared to registrations from November 2001 to January 2002 were up 700%! The average number of daily wagers also increased by over 900% in April 2002 compared to January 2002.



Horsepower Broadcasting Network (HBN) International Ltd. and Sungold Entertainment Corporation will be jointly announcing the kickoff of an international racetrack promotion at the 128th running of The Kentucky Derby on this upcoming Saturday, May fourth in Louisville, Kentucky. Horsepower President Kim N. Hart said, “Our technical team have produced a product that will offer racetracks an opportunity for a big leap forward in growing their track revenues, increasing purses substantially and attracting a lost generation of racing fans back to ‘The Sport of Kings’”.


HBN is pleased to announce that Lycos Asia has entered into a marketing agreement to promote the Horsepower2 (HP2) brand and the jackpot site. Lycos Asia is a joint venture between Lycos Inc. and Singapore Telecommunications Limited. Lycos Asia is a pan-Asian internet portal across Southeast Asia, China, Taiwan, Hong Kong and India. The Lycos network of sites includes, Tripod and Mailcity. HP2 is a proprietary, completely random, equal chance, virtual horse racing game that is played in real time globally every 90 seconds. HP2 includes a guaranteed million$ jackpot for betting $2 on the exact finish of the first 6 of 14 random horses in any race. HBN is well on its way to realizing its goal to grow the Horsepower2 game through strategic alliances, online affiliates and selected racetracks until it becomes the largest jackpot opportunity in the world!

For more information or to be updated on future corporate news, please contact:

Stephan Horvath, Investor Relations Officer

Sungold EntertainmentCorp.

888 669 9580


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