Western Areas NL
TSX : WSA
ASX : WSA

Western Areas NL

November 19, 2008 08:00 ET

Western Areas East Coast Roadshow Presentation

PERTH, AUSTRALIA--(Marketwire - Nov. 19, 2008) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Western Areas (TSX:WSA)(ASX:WSA) today released the latest Company presentation that has been prepared as part of an Eastern States road show occurring this week.

The Company also advised excellent progress was being seen at the Flying Fox mine with the November ore production target on track to exceed 20,000 tonnes ore at an estimated grade above 4.5%. This will be the second consecutive month of ore production at this level.

The continued strong production from the mine should see the Flying Fox mine achieve an estimated cash cost of nickel production for the December quarter of approximately $US2.00/lb, with the 2008 calendar year target of 8,000 tonnes nickel mined achieved.

The full release including diagrams can be seen at www.westernareas.com.au.

FORWARD LOOKING STATEMENT: This release contains certain forward-looking statements. An example of a forward looking statement in this release is: "The continued strong production from the mine should see the Flying Fox mine achieve an estimated cash cost of nickel production for the December quarter of approximately $US2.00/lb, with the 2008 calendar year target of 8,000 tonnes nickel mined achieved." Forward-looking statements are subject to a variety of risks and uncertainties beyond the Company's ability to control or predict which could cause actual events or results to differ materially from those anticipated in such forward-looking statements.

This announcement does not include reference to all available information on the Company or the Forrestania Nickel Project, the Spotted Quoll deposit or the Flying Fox mine and should not be used in isolation as a basis to invest in Western Areas. Any potential investors should refer to Western Area's other public releases and statutory reports and consult their professional advisers before considering investing in the Company.

For Purposes of Clause 3.4 (e) in Canadian instrument 43-101, the Company warrants that Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability.

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