SOURCE: Maisonette International Enterprises

March 15, 2006 12:58 ET

Maisonette International Enterprises Ltd. Reduces Debt Dramatically

VANCOUVER, BC -- (MARKET WIRE) -- March 15, 2006 -- Maisonette International Enterprises Ltd. ("The Company") (OTC: MAEN), is pleased to announce that it has made a substantial payment towards it debt owed to the lending fund, Highgate Capital LLC. "Highgate."

The Company expects to have this debt completely expunged from Highgate within the next 4 months. This press release is to confirm the points expressed in the Chairman's Letter to Shareholders previously released in March. Further news wil be released as the Company completes its debt payment in full.

About Maisonette International Enterprises Ltd.

Maisonette International Enterprises Ltd. is a publicly held holding company incorporated in Nevada, USA. Its assets include several holdings operating in the USA, Canada and the United Kingdom with interests in e-Business, electronic payment processing, online retailing and lifestyle content, and prefabricated housing and building materials for the general public and professionals.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission. There may be other factors not mentioned above that may cause actual results to differ materially from any forward-looking information.


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