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MWM

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MWM

Re: GWMAN post# 51

Friday, 05/30/2008 3:17:12 PM

Friday, May 30, 2008 3:17:12 PM

Post# of 169
Western Wind Energy announces exercise of agent's option of 20%
Thursday May 29, 7:38 am ET


Toronto Venture Exchange Symbol: "WND" Issued and Outstanding: 29,894,021
VANCOUVER, May 29 /CNW/ - Further to our news release dated May 27, 2008, Western Wind Energy Corp. ("Western Wind" or the "Company") is pleased to announce that a syndicate led by Loewen, Ondaatje, McCutcheon Limited ("LOM"), and including Clarus Securities Inc., has advised it that they have received indications of interest for the offering of $15 million. The agents have also exercised their option to increase the offering by 20%, for aggregate offering of $18 million.
Western Wind Energy Corp. is a wind energy producer that currently has over 155 MW of expansion power purchase agreements in the state of California. Western Wind Energy is in the business of acquiring land sites and technology for the production of electricity from wind energy. Management of Western Wind Energy includes individuals involved in the operations and ownership of utility scale wind energy facilities in California since 1981.

Western Wind is in the business of acquiring exceptional land sites, capital and technology for the production of electricity from wind energy. Western Wind Energy conducts its operations through its wholly owned subsidiaries in Arizona and California. Management of Western Wind Energy includes individuals involved in the operations and ownership of utility scale wind energy facilities in California since 1981.

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