Bay Equities Inc.

Bay Equities Inc.

June 07, 2005 16:29 ET

Terry Bayliss, President of Bay Equities Inc. Reports: Bay Equities Inc. Announces $ 6,000,000 Contract.

EDMONTON, ALBERTA--(CCNMatthews - June 7, 2005) - Bay Equities Inc. (TSX VENTURE:BEQ) ("BEQ") is pleased to announce it has received a $ 6,000,000 Construction Contract through its wholly owned subsidiary Bay Drywall Inc.

Furthermore total work on hand exceeds $ 8,000,000.

The company's second quarter results, containing management's discussion and analysis and management prepared financial statements are available to view at

Bay Equities Inc. is a publicly traded company on the TSX-V traded under the symbol "BEQ".

This news release contains certain forward-looking statements. All statements, other than statements of historical fact included herein, 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. Forward-looking statements are based on estimates and opinions of management on the date the statements are made, and Bay Equities Inc. does not undertake an obligation to update forward-looking statements should conditions or management's estimates or opinions change.

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