SOURCE: Companies West Group Inc.

June 11, 2009 16:36 ET

Companies West Group Inc. Signs Agreement for Development of Two Coal Mine Concessions in Colombia

ARDMORE, OK--(Marketwire - June 11, 2009) - Companies West Group Inc. (FRANKFURT: A38) has signed an agreement for two coal mine concessions in Colombia. The agreement includes the intent of a future association (joint venture) for exploration and exploitation. Both concessions have a subscribed contract of mining from the Colombian State of Ingeominas and are registered with the Chamber of Commerce of Bogota. Companies West Group has an allotted time period to complete due diligence qualifying the actual concessions. Once satisfied, the company will proceed with exploration and operation of the mines. Companies West intentions are to implement an All Clean Coal Technology to the exploitation of the properties.

The following is a description of the properties in the agreement:

Property #1 Localization & legal Description:

This property is located in the municipality of Rovira and Valley of San Juan in the Department (province) of Tolima.

Extension of the Area: 4098 Hectares.

Type of mineral: Coal

Phase of Project: Initial technical visits have taken place, preliminary evaluation for the presence of mineral sources; property is ready for the Exploration phase.

Type of Mining: will be performed via tunnels.

Access to the Property: This property can be easily accessed via Bogotá through the Portal de Magdalena to Puerto de Araujo, which is about 349.6 KM from Bogotá

Probable Reserves: 80,000,000 Tons (Results gathered from the preliminary study performed by Ingeominas)

Possible Average of daily production: 800 Ton/day.

Adjacent production: The Company Centrominas is currently producing about 24,000 MT/month.

Property #2 Localization & legal Description:

This property is located in the municipality of Rovira and Valley of San Juan in the Department (province) of Tolima.

Extension of the Area: 5000 Hectares.

Type of mineral: Coal

Phase of Project: Initial technical visits have taken place, preliminary evaluation for the presence of mineral sources; property is ready for the Exploration phase.

Type of Mining: will be performed via tunnels.

Access to the Property: This property can be easily accessed via Bogotá through the Portal de Magdalena to Puerto de Araujo, which is about 349.6 KM from Bogotá, part of the road needs pavement but for the most part it's in very good condition.

Probable Reserves: 70,000,000 Tons (Results gathered from the preliminary study performed by Ingeominas)

Possible Average of daily production: 800 Ton/day.

Adjacent production: The Company Centrominas is currently producing about 24,000 MT/ month.

Please visit the company website at www.companieswestgroupinc.com for updates on the progression of these projects.

About Companies West Group Inc.

Companies West Group Inc. corporate focus is on natural energy resources green energy or alternative fuel sector. Established back in 1958, it became a Colorado corporation in 1986. Most of this Company's investments will be in instruments that provide a contribution to a clean and sustainable environment. The Company invests in firms that prevent or reduce air and water pollution as well as those which use fewer chemical pesticides. We seek to provide alternatives to clear cutting forests and to promote recycling. Companies West Group believes that cost effective areas in which we invest such as clean water and clean exploration solutions will continue to present opportunities for economic advance now.

Please visit our website for more information and updates http://www.companieswestgroupinc.com

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

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