LOOK COMMUNICATIONS RIGHTS OFFERING
 
TORONTO, and MONTREAL, Feb. 6 2004 - At the request of Market Regulation Services, Look Communications Inc. (TSX Venture: LOK) is repeating information with respect to its rights offering set out in its press release of January 16, 2004.

Rights
Look has filed a final prospectus dated January 16, 2004 with the securities commissions of each of the provinces of Canada in connection with a rights offering to its shareholders, for maximum gross proceeds to Look of $10,665,000. Under the rights offering, Look issued one right for every ten issued and outstanding common shares to shareholders of record at the close of business on January 30, 2004. There are currently 29,331,237 outstanding common shares of Look. 275 rights entitle holders to subscribe for secured debentures of Look for $1,000 until 5:00 p.m. on February 23, 2004. If the rights offering is fully subscribed, Look will issue 10,665 secured debentures. The rights are listed on the TSX Venture Exchange.

Conversion
The principal amount of the debentures will be convertible at the option of the holder into common shares of Look at any time prior to the earlier of the maturity date and the last business day prior to the redemption date at a fixed conversion price of $0.075 of principal per common share, representing 13,333 shares per $1,000 debenture.

Interest
The debentures will bear interest at a rate of 7% per year and will mature on December 30, 2013. Look will pay interest on the debentures semi-annually in arrears, on June 30 and December 30 of each year, commencing June 30, 2004.

Subject to regulatory approval, Look may also, at its option, pay interest on the debentures on any interest payment date by issuing and delivering freely tradeable common shares. The number of common shares to be delivered in payment of interest will be determined on the day prior to the interest due date, by dividing the amount of interest owing by the weighted average trading price of Look's shares on the TSX Venture Exchange during a 20-day period prior to the interest due date.

Payment upon Maturity
On maturity, Look is required to repay the indebtedness represented by the debentures in cash. Look may, at its option, and subject to regulatory approval and at least 40 days' notice, elect to satisfy its obligation to repay the principal amount of the debentures at maturity by delivery of that number of freely tradeable common shares obtained by dividing the principal amount of the debentures by 95% of the weighted average trading price of Look's shares during a 20-day period prior to the maturity date.

Redemption
The debentures will not be redeemable by Look prior to December 31, 2006. Thereafter, Look may redeem the debentures, in whole or in part, on a pro rata basis, upon at least 30 days' notice, provided that the market price of Look's shares is then not less than 125% of the conversion price.

Look may, at its option and subject to regulatory approval, satisfy its obligation to repay the principal amount of the debentures upon redemption by the delivery of that number of freely tradeable common shares determined by dividing the principal amount of the debentures by 95% of the weighted average trading price of Look's shares during a 20-day period prior to the redemption date. Look must indicate its intention to repay the redemption amount in common shares on the date that it gives notice of such redemption.

Ranking
The debentures will be direct obligations of Look and will rank pari passu with all other subordinated, secured obligations of Look, but will be subordinate to Look's present and future senior bank indebtedness and to indebtedness to Unique Broadband Systems, Inc.

Non-Eligible Shareholders
Rights certificates have not been issued or delivered to shareholders who are resident of jurisdictions outside Canada.

About Look Communications Inc.
Look delivers a full range of communications services, including high high-speed and dial 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 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.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

THIS PRESS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

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

For more information and interview requests, please contact:

Peter Block
(416) 586-0180
pblock@national.ca