Allan Dolan announces the reorganization of his securityholdings of Western Warrior Resources Inc.



    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
    THE UNITED STATES./

    DAR ES SALAAM, Tanzania, Oct. 3 /CNW/ - Further to disclosure
requirements of applicable securities laws, Allan B. Dolan, the Chairman of
Western Warrior Resources Inc. ("Western Warrior"), announces that he has sold
1,587,797 common shares of Western Warrior and $1,000,000 principal amount of
unsecured convertible promissory notes (the "Series I Notes") of Western
Warrior due March 21, 2008 in a private transaction to Trafalgar Universal
Limited ("TUL") in consideration of the receipt of an unsecured demand
promissory note in the principal amount of Cdn. $1,396,949.25. In addition,
Mr. Dolan sold 1,288,940 common shares of Western Warrior and $1,000,000
principal amount of unsecured convertible promissory notes (the "Series II
Notes") of Western Warrior due November 24, 2008 in a private transaction to
Clarity Enterprises Limited ("CEL") in consideration of the receipt of an
unsecured demand promissory note in the principal amount of Cdn. $1,322,235.
Following the completion of the aforementioned sales, Mr. Dolan owned 150,000
share options of Western Warrior.
    Immediately following TUL's acquisition of the aforementioned securities
of Western Warrior, TUL held 2,380,797 Common Shares, $1,000,000 principal
amount of Series I Notes and 117,500 common share purchase warrants
("Warrants") of Western Warrior. Pursuant to the terms of the Series I Notes,
TUL has the option, at any time prior to the full repayment of the principal
sum and interest outstanding (the "Outstanding Amount") under the Series I
Notes, to convert the Outstanding Amount into common shares of Western Warrior
on the basis of one (1) common share for each Cdn. $0.35 of Outstanding
Amount, subject to certain adjustments. The Series I Notes are due and payable
on March 21, 2008 and accrue interest at a rate of seven percent (7%) per
annum, compounded annually, commencing on March 21, 2006. Each Warrant
entitles TUL to acquire one common share at an exercise price of Cdn. $0.45
per share at any time on or before January 14, 2008. The 2,380,797 common
shares held by TUL represent approximately 6.8% of the 34,994,426 common
shares of Western Warrior issued and outstanding on the date hereof. Assuming
TUL exercises the Warrants to acquire 117,500 common shares and converts the
full Outstanding Amount of the Series I Notes on March 21, 2008 to acquire
3,271,143 common shares, TUL will own 5,796,440 common shares representing
approximately 15.1% of the outstanding common shares of Western Warrior, based
on there being 38,383,069 common shares of Western Warrior issued and
outstanding.
    Immediately following CEL's acquisition of the aforementioned securities
of Western Warrior, CEL held 2,380,796 Common Shares, $1,000,000 principal
amount of Series II Notes and 118,334 common share purchase warrants
("Warrants") of Western Warrior. Pursuant to the terms of the Series II Notes,
CEL has the option, at any time prior to the full repayment of the principal
sum and interest outstanding (the "Outstanding Amount") under the Series II
Notes, to convert the Outstanding Amount into common shares of Western Warrior
on the basis of one (1) common share for each Cdn. $0.35 of Outstanding
Amount, subject to certain adjustments. The Series II Notes are due and
payable on November 24, 2008 and accrue interest at a rate of seven percent
(7%) per annum, compounded annually, commencing on November 24, 2006. Each
Warrant entitles CEL to acquire one common share at an exercise price of Cdn.
$0.45 per share at any time on or before January 14, 2008. The 2,380,796
common shares held by CEL represent approximately 6.8% of the 34,994,426
common shares of Western Warrior issued and outstanding on the date hereof. 
Assuming CEL exercises the Warrants to acquire 118,334 common shares and
converts the full Outstanding Amount of the Series II Notes on November 24,
2008 to acquire 3,271,143 common shares, CEL will own 5,770,273 common shares
representing approximately 15.0% of the outstanding common shares of Western
Warrior, based on there being 38,383,903 common shares of Western Warrior
issued and outstanding.
    Each of TUL and CEL acquired ownership of the aforementioned securities
of Western Warrior for investment purposes. Each of TUL and CEL may in the
future take such actions in respect of its holdings as it may deem appropriate
in light of the circumstances then existing, including the purchase of
additional common shares or other securities of Western Warrior through open
market purchases or privately negotiated transactions, or the sale of all or a
portion of its holdings in the open market or in privately negotiated
transactions to one or more purchasers.
    A copy of Mr. Dolan's related early warning report filed with the
applicable securities commissions and further information may be obtained by
contacting Allan Dolan at: Telephone: +44 (0) 7796 973008.
    A copy of TUL's related early warning report filed with the applicable
securities commissions and further information may be obtained by contacting
Keith Betts, a representative of New Haven Trust Company (Channel Islands)
Limited, Corporate Director of TUL at: Telephone: +44 (0) 1481 710424 and
Facsimile: +44 (0) 1481 713112.
    A copy of CEL's related early warning report filed with the applicable
securities commissions and further information may be obtained by contacting
Peter J. Band, a representative of Pinnacle Trustees Limited, Administrator of
CEL at:  Telephone: +44 1534 280111 and Facsimile: +44 1534 280099.





For further information:

For further information: Allan Dolan at: Telephone: +44 (0) 7796 973008

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WESTERN WARRIOR RESOURCES INC.

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