LOOK TO ISSUE COMMON SHARES IN PAYMENT OF INTEREST ON OUTSTANDING DEBENTURES

Toronto and Montreal, December 29, 2004 - Look Communications Inc. (TSX Venture: LOK) announced today that it intends to issue and deliver 2,000,651 common shares of Look in payment of $181,059 in interest due as of December 30, 2004 on $5,159,000 capital amount of secured convertible debentures currently outstanding. The debentures were issued in February 2004 pursuant to a rights offering effected by Look, in connection with which a final prospectus was filed on January 16, 2004. This payment of the interest on the debentures in common shares of Look is subject to regulatory approval, including that of the TSX Venture Exchange.

The debentures bear interest at a rate of 7% per year and will mature in 2014. Look pays interest on the debentures semi-annually in arrears, on June 30 and December 30 of each year. The record date for the second interest payment was December 15, 2004. The number of common shares issued and delivered in payment of interest was determined by Look in accordance with the provisions of the secured trust indenture, dated January 30, 2004, pursuant to which the debentures were issued. After giving effect to the second interest payment, there will be 106,796,662 common shares of Look issued and outstanding.

The debentures are direct obligations of Look and rank pari passu with all other subordinated, secured obligations of Look.

About Look Communications Inc.
Look delivers a full range of communications services, including high-speed and dial-up Internet access, Web applications, digital television distribution and superior customer service to both the business and residential markets across Canada.  In addition, Look provides a number of value-added services to meet its customers’ needs, such as Web hosting, domain name registration, Web mail, parental filters and virus scanning.  Look’s shares are listed on the TSX Venture Exchange under the symbol LOK.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact:
Michael Cytrynbaum
Chairman
Look Communications
(514) 599?2629
michael@cytrynbaum.com