Gulf Shores Resources Ltd.
TSX VENTURE : GUL
FRANKFURT : GFU

Gulf Shores Resources Ltd.

December 11, 2007 20:25 ET

Gulf Shores Resources Ltd.: News Release

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 11, 2007) - Gulf Shores Resources (TSX VENTURE:GUL)(FRANKFURT:GFU) -

As previously announced on June 26, 2007, a lawsuit was commenced in the Court of Queen's Bench of Alberta against the company and certain of its directors by Platinum Partners Value Arbitrage Fund LP ("Platinum Partners"). The company is pleased to announce that the lawsuit has been formally discontinued by Platinum Partners. Neither the company nor its directors paid any compensation or costs whatsoever to Platinum Partners in consideration of the discontinuance of the lawsuit.

ON BEHALF OF THE BOARD

Michael Turko, President

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

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