World Mining Services Ltd

October 17, 2008 04:14 ET

Trading Update

17 OCTOBER 2008

                                             World Mining Services
                                                 (PLUS: WMSP)
                                                Trading Update
                                   Coal Briquetting Plant Begins Production

The  Board  of  World  Mining Services Ltd ( "WMS" or  "the Company"), the Isle of Man  based  resource  sector
technology  and services company is pleased to announces the commencement of regular production  at  the  first
Polish  coal  briquetting plant owned by Afri-Pal. The plant is located at Trzebinia, a small town  located  in
Silesia, one of the principal coal producing areas in Poland. The plant is now capable of producing one size of
briquette that is suitable for both the commercial and residential user.  Afri- Pal has now developed  its  own
screening capabilities and is able pre-screen raw material into lump coal for immediate sale and coal fines for
further  processing  into  briquettes. The briquettes are hard, much cleaner to  handle,  water  resistant  and
burn longer than ordinary lump coal

Chairman  Jeff  Michel commented, "There has been a tremendous amount of work been completed  to  get  to  this
stage. We will still have improvements to make and efficiencies to home in on but, the fact remains we are  now
producing revenues and from here it only gets better."

         The Directors of the Issuer accept responsibility for this announcement
                                                   - ENDS -

World Mining Services Ltd                                        Tel: 0207.669.4479
Jeff Michel

Rivington Street Corporate Finance Ltd.                          Tel: 0207.562.3389
Leo Godsall                     Monisha Varadan         

Note to Editor:

World  Mining Services Ltd. has been established primarily to own, operate and license technologies  that   can
be   used in enhanced mineral extraction in the mining industry. WMS will also  look  to invest  in  operations
that  are  within the resources sector and  relate  to  improved  handling techniques

The company's main assets are as follows:

i)  Afri-Pal:   A 50 %  holding.  Afri-Pal has been formed  from  well  experienced  industry   professionals
to   exploit a dire shortage of lump coal in Poland  estimated  to  be  11 million  tons per annum. Our goal is
to  purchase good quality fine coal, that is  freely available in the area, to provide the very best,  reliable
source  of  briquetted  coal   for  both  commercial and residential use. By  utilising  a  state  of  the  art
binder  technology  the  briquettes are hard, much cleaner to handle, water resistant and  burn   longer   than
ordinary  lump coal. The first site is at Trzebinia, a small town strategically located next to 20 major  mines
in Silesia with easy access to the market.

ii)  Minex   Technologies  Limited: A 10% holding in a company which uses a  proprietary   vapour  process  for
metallic extraction.

iii)   True  North  Drilling & Geological Services Ltd.: WMS owns a 100% of True North  Drilling  &  Geological
Services  Limited  (True  North). True North will provide drilling  services  and geological  services  to  the
mining  industry  in  New Brunswick. WMS  is  keen to back projects that are close to commercialisation  rather
than  purely  early   stage   ventures.  The  directors  believe  that  this  will  provide   WMS   with   well
defined   returns   on investment.  WMS  expects  to  enter into joint ventures with well qualified   operators
in  their respective jurisdictions.

Forward  Looking  Statements  - Certain information regarding World Mining Services  Ltd.  set  forth  in  this
document,  including  management's  assessment of World Mining Services  Ltd's  future  plans  and  operations,
contains  forward-looking statements that involve substantial known and unknown risks and uncertainties.  These
forward-looking statements are subject to numerous risks and uncertainties, certain of which are  beyond  World
Mining  Services  Ltd.'s  control,  including the impact of general economic conditions,  industry  conditions,
volatility  of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental  risks,
competition  from other producers, the lack of availability of qualified personnel or management, stock  market
volatility  and ability to access sufficient capital from internal and external sources. World Mining  Services
Ltd.'s  actual results, performance or achievement could differ materially from those expressed in, or  implied
by, these forward-looking statements and, accordingly, no assurance can be given that any events anticipated by
the  forward-looking  statements will transpire or occur, or if any of them do so,  what  benefits  that  World
Mining Services Ltd. will derive there from. This is intended for informational purposes only.

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