East West Resource Corporation
TSX VENTURE : EWR

East West Resource Corporation

February 26, 2008 13:40 ET

East West Resource Corporation: Stock Options Granted

THUNDER BAY, ONTARIO--(Marketwire - Feb. 26, 2008) - East West Resource Corporation (the "Company") (TSX VENTURE:EWR) has granted to a certain number of eligible participants, options to purchase a total of 4,564,560 common shares at a price of 15 cents per share, exercisable on or before May 13, 2013. Any share issued on exercise of the option will be subject to the TSX Venture Exchange's (the "Exchange") four-month hold period commencing on the date of grant.

The options were granted under the Company's rolling stock option plan, whereby a maximum of 10 per cent of the issued and outstanding shares of the Company at the time of the award of option is reserved for issuance. The plan was approved by shareholders at the Company's annual general meeting held October 11, 2007, and approved by the Exchange on January 23, 2008.

Certain information regarding East West Resource Corporation contained herein may constitute forward looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although East West Resource Corporation believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. East West Resource Corporation cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what East West Resource Corporation currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.

ON BEHALF OF THE BOARD OF DIRECTORS

M.J. (Moe) Lavigne, President and CEO

THE TSX VENTURE EXCHANGE DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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