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PERTH, Australia -- CityView Corporation Ltd. (OTCBB:CTVWF) (ASX:CVI) (FWB:C4Z) is pleased to announce results from its Phase 1 sampling programme at its Longonjo Carbonatite Prospect, Angola, indicating highly anomalous levels of Rare Earths and niobium, as well as enrichment in thorium and uranium.

The Longonjo Carbonatite consists of an outer rim of altered granitoid surrounding a series of polymictic, carbonate rich breccias. The distribution of carbonatites in Angola is closely related to kimberlites and they are generally situated within the same NE-SW trend as the kimberlites. The Longonjo Carbonatite is documented historically as being prospective for niobium, tantalum and uranium/thorium minerals in particular, as well as other minerals commonly associated with carbonatite complexes.

The Phase 1 Programme at Longonjo comprised a soil sampling survey, involving the collection of approximately 453 samples, including 46 duplicates and 15 standards.

The results from this initial soils sampling programme show highly anomalous levels of the Rare Earth Elements (REE) lanthanum and cerium. Results for lanthanum show a maximum of 10,357 ppm and an average of 3,015 ppm, whilst cerium shows a maximum of 18,484 ppm and an average of 5,597 ppm.

Enrichment in other elements is observed in the sample analysis. Niobium is present at anomalous levels (maximum of 3953 ppm, average 1276 ppm) as well as thorium and uranium. The most anomalous results appear to be associated with the central, carbonate rich breccia zone.

The rare earths are a relatively abundant group of 17 elements composed of scandium, yttrium, and the lanthanides (of which cerium and lanthanum are two). The elements range in crustal abundance from cerium, the 25th most abundant element of the 78 common elements in the Earth's crust at 60 parts per million, to thulium and lutetium, the least abundant rare-earth elements at about 0.5 part per million. High-technology and environmental applications of the rare earth elements (REE) have grown dramatically in diversity and importance over the past four decades. As many of these applications are highly specific, in that substitutes for the REE are inferior or unknown, the REE have acquired a level of technological significance much greater than expected from their relative obscurity. Although actually more abundant than many familiar industrial metals, the REE have much less tendency to become concentrated in exploitable ore deposits.

Many applications of REE are characterized by high specificity and high unit value. For example, color cathode-ray tubes and liquid-crystal displays used in computer monitors and televisions use europium; no substitute is known. Owing to relatively low abundance and high demand, Eu is quite valuable--$250 to $1,700/kg (for Eu2O3) over the past decade.

The Phase 2 Exploration programme (currently underway) at the Longonjo Carbonatite will primarily focus on more accurate delineation of the high grade portion of the prospect. Further analysis is required from both rock chip sampling and drill core in order to accurately quantify the level of REE mineralization.

About CityView Corporation

CityView Corporation Ltd. is an exploration and development company. It is managements' objective to grow CityView into a significant uranium, beryllium, oil and gas project by developing its interest in Angola. The company trades on the OTCBB market under the symbol "CTVWF" and on the Australian Exchange under the symbol "CVI". For more information please visit the company's web site at: www.cityviewcorp.com

Forward-Looking Statements

This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provision of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, and performance. Forward-looking statements are subject to risk and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to complete transactions which remain subject to a due diligence review, obtaining any regulatory approvals, having necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, building a functional infrastructure, and other such risks as the company may identify from time to time. Accordingly, there is no certainty that the company's plans will be achieved.