CELEBRATION CELLARS LTD. (CDNX-CLB) NEWS RELEASE
For Immediate Release: May 11, 2001
Calgary, Alberta

CLARIFICATION REGARDING MARKET ACTIVITY
AND DISCLOSURE OF FINANCIAL INFORMATION

Celebration Cellars Ltd. (CDNX: CLB) ("Celebration" or the "Corporation") announces that further to Celebration’s agreement to purchase all of the issued and outstanding securities of WNS.com Inc., as disclosed in the Corporation’s news release as reported on December 4th, 2000, the Corporation advises that with respect to the recent market activity there are no material changes to report at this time.

The shareholders of Celebration Cellars will be voting on May 14th, 2001 to give shareholder approval to the acquisition of WNS.com Inc. and give approval for the name change of Celebration to WNS Inc.

Notwithstanding the recent downturn in the economy, WNS has continued to achieve its planned growth. In this regard, WNS is pleased to announce that it has become cash flow positive effective the first quarter, 2001. Despite the downturn in economic activity and the decrease in overall capital and operating expenditures across many sectors in North America, WNS has achieved over a 140% increase in revenues between the fourth quarter 2000 and the first quarter 2001.

For further information please contact:

Mr. Alykhan Mamdani
Chief Financial Officer of WNS and director of the Corporation
E-mail: alykhan@wns.com
(403) 265-9322

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