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NEWS RELEASE THE FUTURE OF HOME ENTERTAINMENT NOW AVAILABLE IN

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					                                                                              NEWS RELEASE

      THE FUTURE OF HOME ENTERTAINMENT NOW AVAILABLE IN
                          VANCOUVER

               Shaw launches Shaw On Demand and High Definition TV
                               for customers in region

Vancouver, B.C. (January 16, 2003) – Shaw Cablesystems’ new Video on Demand service –
Shaw On Demand – is now available to customers in the Greater Vancouver area, marking the
start of the next wave of entertainment choices and home entertainment options for Shaw
customers. Shaw On Demand was first launched and introduced in the Calgary market in
September 2002.

As well, Shaw has launched its first High Definition television (HDTV) product and channels for
Greater Vancouver and is a first for British Columbia.

Shaw On Demand – An Interactive Experience
All Lower Mainland customers who subscribe to Shaw Digital cable and have a Shaw Internet
connection can now access Shaw On Demand. An exclusive, value-added benefit, Shaw On
Demand enables customers to order movies and special programming through their Internet
connection and view them at their convenience through their Shaw Digital Terminal and home
television.

“Shaw is the only company in North America to offer its customers Video on Demand service by
combining the power and flexibility of the Internet with the benefits of digital cable technology,”
said Michael D’Avella, Senior Vice President, Planning for Shaw Communications. “It’s a
customer experience that is unparalleled in this country and one that thousands of customers in
the Vancouver area can now explore for themselves. For customers with a Shaw High-Speed
Internet connection, the experience is even richer and more enjoyable, as they can fully utilize the
multimedia features that Shaw On Demand offers.”

Shaw On Demand utilizes a revolutionary platform and technology, using the Internet as the
ordering and customer-interface mechanism, and Shaw’s two-way digital cable network as the
delivery and viewing mechanism. Customers access Shaw On Demand’s online ordering system
through a secure Shaw web site (www.shawondemand.ca). There, they can browse an ever-
growing selection of programming, view full motion movie trailers and previews, and place their
orders.

Within seconds of initiating their order, their selection is available for a 24 hour viewing period
through the Shaw Digital Terminal on their home television. Customers can then view the
programming as many times as they desire during the 24 hours, using full VRC/DVD remote
control features such as stop, fast forward, rewind and more.

There is no cost to access the Shaw On Demand system and, with movies starting as low as $3.99
each, the service provides exceptional value to the customer.
                                              -2-

HDTV – The Ultimate Viewing Experience

With the introduction of Shaw On Demand, the company has also announced the much-
anticipated arrival of the Shaw DCT 5100 HD to the Greater Vancouver area. As the consumer
market begins to see more and more HDTV-ready televisions available on the market, Shaw is
now able to power these next generation devices with channels transmitting in High Definition.
The DCT 5100 HD fully supports the decoding and processing of HDTV content without
requiring additional digital terminals or equipment.

The DCT 5100 HD, combined with an HD-ready TV, features a picture with 10 times more
detail than today’s analog channels, Dolby 5.1 Prologic Digital audio capability for a superior
sound experience, and user configurable options to provide a signal that is 33 per cent wider than
traditional television signals to fully utilize today’s wide-screen televisions.

Currently, Shaw is providing access to three HDTV channels that frequently broadcast High
Definition programming:
        Channel 136 – HDTV
        Channel 138 – KING (NBC Seattle)
        Channel 139 – KIRO (CBS Seattle)

To access HDTV, customers must have a Shaw Digital Terminal DCT 5100 HD, which currently
retails for $698.98. First time Digital Cable customers purchasing the new 5100 Digital Terminal
can take advantage of Shaw Digital’s special offers and receive more than $100 in programming
credits when they sign up for Shaw’s Total Entertainment or Total Home Packages.

“We can offer these kinds of new services because of our forward-thinking investments in our
network and infrastructure,” added D’Avella. “We’re beginning to open the door to the amazing
and virtually limitless amount of innovations that digital cable and Internet technologies can
power. But we’re focused on harnessing that technology to build products and services that match
our customers current and future needs, and we think Shaw On Demand and HDTV do just that.”

Full details are available at shaw.ca and shawondemand.ca, or by calling 1-888-472-2222.

Shaw Communications Inc. is a diversified Canadian communications company whose core
business is providing broadband cable television, Internet and satellite direct-to-home ("DTH")
services to approximately 2.9 million customers. Shaw is traded on the Toronto and New York
stock exchanges (Symbol: TSX - SJR.B, NYSE - SJR).

                                              -30-

Media Contact:
Michael D’Avella
Senior Vice President, Planning
Shaw Communications
403-750-4500

				
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