SOURCE: Cotton & Western Mining, Inc.

March 09, 2007 09:45 ET

Cotton & Western Mining, Inc. Debunks New Democrat News Paper's Headline Story of March 6th, 2007; Monrovia, Liberia

RICHMOND, TX -- (MARKET WIRE) -- March 9, 2007 -- Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) -- Robert L. Cotton, President & C.E.O. of Cotton & Western Mining, Inc., stated today that, "The front-page story published in the New Democrat News Paper, Monrovia, Liberia, was not only incorrect but also presented misleading information to its Liberian readers." The headline for the story read, "Bong Mine's 300,000 Tons Ore Sold To China," followed by attributing the story's source to the CWRN News Release of March 1st, 2007. Mr. Cotton further stated that the company did set guaranteed mineral specifications as part of its standard contract terms and conditions, upon completion of the laboratory chemical analysis of the Bong Mine samples, which were released in the March 1st, 2007 company news release; however, there was no mention of any contract signing by any third party. Further to that, the company has stated in an earlier press release concerning the re-devolvement of the Bong Mine, that no contract for sale of materials would be executed until such time that KKAF Nigeria, Limited had received the "Certificate of Ownership" regarding the Bong Mine mineral stockpiles. The New Democrat News printed in-part the CWRN news release of March 1st, 2007 which was immediately picked up by the Liberian Ministry of Lands, Mines & Energy and answered in a Ministry Press Release on March 7th 2007. At this time KKAF Nigeria, Limited has not been awarded the Bong Mineral Concession as the Ministry of Lands, Mines & Energy has yet to conclude its due diligence process. Further to that, CWRN had stated in an earlier new release concerning its appointment as the Technical Manager of the Bong Mine Re-development Project for KKAF Nigeria, Limited, that KKAF had won the concession rights; however, this was a misunderstanding by CWRN, if fact, KKAF was declared the provisional winner by the former National Transitional Government and the formal execution of any concession grant was left for the discretion of the new incoming government administration. CWRN, at the request of the Ministry of Lands, Mines & Energy, has issued its confirmation letter to the Ministry that the company did accept the appointment as Technical Manager and is standing by waiting for the outcome of the Ministry's negotiations with KKAF.

1. March 6, 2007 New Democrat News story

2. March 7, 2007 Republic of Liberia Ministry of Lands, Mines & Energy Press Release

In other related company mining business, CWRN contract negotiators, headed by Robert L. Cotton, President & C.E.O. of Cotton & Western Mining, Inc., met with Mr. Wen Wu of China's Daye Steel over the passed weekend in Las Vegas, Nevada, and discussed the Philippines, Mindoro Island Project. Daye Steel stands ready to execute a long term off-take agreement for the Mindoro Island Iron Ore; however, it was decided by the parties to defer any contract for supply of raw materials until such time the company has finalized its project funding.

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About Cotton & Western Mining, Inc.:

Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) is a U.S. corporation structured to produce and sell iron ore on a global scale. Currently, the Company is engaged in several mining activities that will provide the Asia Pacific Steel Manufacturing Sector with high grade raw crude iron ore products.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

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