Mega View Digital Entertainment Corporation Announces Transfer to NEX

TORONTO, ONTARIO--(Marketwire - Nov. 28, 2011) - Mega View Digital Entertainment Corp. (TSX VENTURE:MVD.H) (the "Company") today announces the transfer of its listing from the TSX Venture Exchange ("TSX-V") to the NEX Board of the TSX-V ("NEX") as a result of its inability to meet Tier 2 Listing Requirements of the TSX-V. The Company's common shares will commence trading on the NEX effective November 28, 2011 under the symbol "MVD.H".

The Company's management continues to pursue its ongoing strategy of attempting to preserve capital, maximize value of the Company's remaining assets and capitalize on options for maximizing returns to the Company's shareholders. The Company does not expect the transfer of its listing to the NEX to materially impact or impede its strategy.

ON BEHALF OF THE BOARD OF DIRECTORS,

Chief Executive Officer

FORWARD LOOKING STATEMENTS: This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are the risks detailed herein and from time to time in the filings made by the Company with securities regulators.