Gold World Resources Reports on Annual and Special Meeting

    TORONTO, Aug. 17 /CNW/ - (GDW-TSX Venture) ("Gold World" or the
"Company") is pleased to advise that at the Annual and Special Meeting of
shareholders of the Company held on August 15, 2007, shareholders approved all
items of business as disclosed in the Company's information circular including
the election of management's slate of directors (Messrs. Hermann Derbuch,
Gerry Gauthier, Brian McChesney, André Pauwels and Richard Tong).
    Management would like to thank its individual shareholders and its
institutional International and North American shareholders for their
overwhelming support.
    The voting result is indicative that management, in pursuing its China
strategy, has aligned itself with the wishes of the shareholders.
    As previously reported (see press release "Gold World Resources Update on
Forensic Investigation" August 7, 2007) Management has been working closely
with the TSX Venture Exchange to resolve their issues and have the Company
resume trading. At this time, Gold World is unable to determine an exact
timeline as to when the review may be completed or when trading in the shares
of the Company may resume.
    At the same time, the Company is working to complete and sign the Joint
Venture contract with the Shijiazhuang Comprehensive Geological Brigade of the
Hebei Provincial Bureau of Geology & Mineral Resources Development to
establish a Sino-Foreign Contractual Joint Venture Company ("Hebei Ming Duo
Mining Corporation) in Shijiazhuang, Hebei Province, and to carry out jointly
the exploration on the Ming
    Gold/Silver Property (see press release August 7, 2007 (signing Letter of


    "Hermann Derbuch", P.Eng.
    Chairman & CEO
    Gold World Resources Inc.

    Certain of the statements made and information contained herein is
"forward-looking information" within the meaning of the Securities Act
(Alberta), including statements concerning the resumption of trading of Gold
World's shares and the Gold World's plans with respect to the Ming Gold/Silver
Property, which involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of
Gold World, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking information. Such
information contained herein represents management's best judgment as of the
date hereof based on information currently available.

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

    %SEDAR: 00011137E

For further information:

For further information: Hermann Derbuch, P.Eng., Tel: (416) 594-9888,
Fax: (416) 594-1967, E-mail:

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