Highwater Power Corporation
TSX VENTURE : HWP

August 14, 2007 09:30 ET

Highwater Power Corporation Announces Voluntary Delisting From TSX Venture Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 14, 2007) - Highwater Power Corporation (TSX VENTURE:HWP)("Highwater") announces that it has voluntarily filed to be delisted from the TSX Venture Exchange at the close of August 28, 2007. This action is the result of the acquisition of more than 92 percent of Highwater's common shares by Taylor NGL Limited Partnership ("Taylor").

Taylor issued a Notice of Compulsory Acquisition on July 13, 2007 to acquire the remaining eight percent of Highwater's common shares. The remaining common shares will be acquired by Taylor pursuant to the compulsory acquisition on or about September 13, 2007.

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

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