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News Release
April 3, 2003

2003 Exploration Program Begins on the Lewis Property

Madison Enterprises Corp. ("Madison") is pleased to announce that its 2003 exploration program on the Lewis Property in Lander County, Nevada has now begun. This next phase of exploration will be comprised of detailed surface structural geologic mapping, detailed ground magnetics and MT-IP surveying using Quantec Geoscience's proprietary TITAN system. Following the geophysical and structural geologic mapping program, Madison will carry out 10,000 feet of reverse-circulation and core drilling.

Quantec's TITAN system allows deep electrical earth imaging with the first commercially available 24 bit distributed MT-IP (resistivity and chargeability) system. This multi technique geophysical system, which will incorporate all previous exploration data, provides accurate subsurface information to a depth of 800 metres (2,600 feet) and very deep resistivity data to depths greater than 1.5 kilometres (4,900 feet).

Madison expects this geophysical survey to significantly enhance its understanding of the stratigraphic and structural controls of alteration and mineralization on the Lewis Property and to assist with determining specific drill hole locations.

On behalf of the Board of Directors of
MADISON ENTERPRISES CORPORATION

"Chet Idziszek"
Chet Idziszek, President

NO STOCK EXCHANGE HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

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