The first festival took place over two days on a hot sunny weekend in July in what was then Peter Pan Park on Landseer Road, London N19 (now Landseer Gardens).
The highlights were favouite local poet John Hegley, the inimitable Mr Boom and the site specific circus peformance after dark with Gandini Juggling and Scarabeus.
Local MP Jeremy Corbyn, councillers Laura Willoughby and Catherine West and GLA member Meg Hillier and Islington's mayor Doreen Blake all graced Holloway with their presence.
The festival was the last in a series of events designed to draw in the local community to the project to have the park rebuilt. As of September 2004 this has happened and it is now known as Landseer Gardens.