MPTV, Inc. Announces Receipt Of Loan Documents From Oxford International, Inc.

Press Release
October 20, 2000
NEWPORT BEACH, CA -- MPTV, Inc. (OTC BB: MPTV), a Nevada corporation, has received loan documents from Oxford International, Inc. and has requested that Oxford schedule their final walk-through at the property in as Vegas, NV for Wednesday, October 25th and Thursday, October 26th.

Hurley Reed stated, "Scheduling the final walk-through for October 25th and 26th gives the MPTV management team and attorneys the time to complete a thorough evaluation of the closing documents. MPTV will be prepared to finalize any outstanding closing issues and to set the closing date with Oxford."

MPTV, Inc.'s current project is the proposed Lake Tropicana Timeshare Resort and Towers located in Las Vegas, Nevada between the MGM Grand Hotel/Casino, the Aladdin Hotel/Casino on the "Strip" and the Hard Rock Café on Paradise and Harmon Avenue. The "Harmon Corridor" is undergoing transformation with two new casino hotels and three large timeshare projects planned for this area.

Except for the historical information presented herein, the matters set forth in this press release are forward looking statements within the meaning of the "safe-harbor" provision of the Private Securities Litigation reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.

SOURCE: MPTV, Inc. Website: www.laketropmptv.com
366 San Miguel, Suite 210, Newport Beach, CA 92660
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CONTACT:    
Serena Riedel
RealSense.com 
Investor Relations 
Email: MPTV@realsense.com