April 6th, 2006 – Toronto, Ontario – Baymount Incorporated (“Baymount”) (TSX Venture: BYM) is pleased to announce that two of its independent Directors, Gordon Ashworth and Helmut Biemann, exercised options to acquire 600,000 common shares and 100,000 common shares respectively, at an exercise price of $0.175 per share. The gross proceeds of the transaction are $122,500.

Baymount’s wholly-owned subsidiary Belleville Racetrack Development Corporation has an agreement with the Belleville Agricultural Society to build a facility to relocate the Quinte Exhibition and Raceway (“QER”) in Belleville, Ontario. QER is one of the 18 racetrack licenses in Ontario eligible to participate in Ontario’s Slots-at-Racetracks program. The Alcohol and Gaming Commission of Ontario recently found the company to be suitable to act as landlord for the proposed Ontario Lottery and Gaming Corporation gaming premises to be located at the new QER.
Baymount is also pursuing a standardbred racing license for the development of a new racetrack and gaming facility in Brandon, Manitoba. In addition to these exciting development opportunities, Baymount has the exclusive license to market Instant Racing throughout Canada. Instant Racing, which is currently awaiting regulatory approval, is a patented electronic horseracing and pari-mutuel wagering system that emulates the very successful slot machine experience. Baymount also owns the FasTrack information product, a proprietary horseracing information product with an easy-to-use design that can be used to introduce new fans to the sport of horseracing.

For additional information please visit the company’s website at www.baymountcorp.com.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. To the extent that any information contained herein constitutes comment on future events, when considering such forward-looking statements readers should keep in mind that there are risk factors and other contingencies that can affect actual outcomes and should recognize that these statements speak only as of the date made.

For further information: please contact: Graham Simmonds, President and Chief Executive Officer, Baymount Incorporated, (416) 979-2881 x223, (416) 979-6708 (fax), graham@baymountcorp.com; Renmark Financial Communications Inc.: John Boidman: jboidman@renmarkfinancial.com; Barry Mire: bmire@renmarkfinancial.com; T: (514) 939-3989; F: (514) 939-3717;  Media - Cynthia Lane: clane@renmarkfinancial.com,
(514) 939-3989; www.renmarkfinancial.com