Look retains Greenhill to assist in reviewing strategic options for maximizing shareholder value

Look Communications Inc. (TSX Venture: LOK and LOK.A) today announced that the Company has retained Greenhill & Company to assist in the strategic repositioning of Look and to assist the Company in maximizing shareholder value.

"Look is uniquely positioned to take advantage of the exploding wireless communications market in Canada with its 92 MHz of licensed spectrum in the 2.5 GHz band and its broadcasting license in Ontario and Quebec," said Gerry McGoey, Vice Chairman and CEO of Look. "In order to maximize the value of our unique combination of assets, licenses, technology and know-how, we retained Greenhill & Company to assist in bringing together the appropriate interested parties."

On March 30, 2006, Industry Canada confirmed that the 2500-2700 MHz band is designated mobile and will be harmonized with the US band plan for mobile services. In April 2006, the CRTC confirmed that Look's broadcast license permits it to offer mobile TV today. The CRTC went on to request comments on its proposed exemption from Regulation relating to any broadcasting to any mobile devices. These policy statements and the recent spectrum auction in the US which ended on September 18, 2006, position Look well for the next generation of Mobile Multi Media in North America.

There can be no assurance that the review will result in any specific strategic or financial transaction.

About Look Communications Inc.

Look Communications' mission is to be an M(3) - Mobile Multi Media - entertainment and information service provider in Ontario and Québec. The Company is developing an M(3) - Mobile Multi Media network and currently delivers a full range of communications services, including digital television distribution, high-speed and dial-up Internet access, Web applications and superior customer service to both the business and residential markets. Look shares are listed on the TSX Venture Exchange under the symbols "LOK" for multiple voting shares and "LOK.A" for subordinate voting shares.

The corporate information contained in this release contains forward-looking statements regarding future events and the future performance of Look that involve risks and uncertainties that could cause actual results to differ materially. Assumptions used in the preparation of such information, although considered reasonable by Look at the time of preparation, may prove to be incorrect. The actual results achieved will vary from the information provided herein and the variations may be material. Consequently, there is no representation by Look that actual results achieved will be the same in whole or in part as those forecast.

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this release.

%SEDAR: 00013414E

For further information: Peter Block, Investor and Media Relations, investorinfo@look.ca, (403)531-0331, (416) 586-0180

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