Leeward Capital Corp. - Market activity and grant of stock options


    Trading Symbol: LWC

    CALGARY, March 28 /CNW/ - Leeward Capital Corp.'s ("Leeward") common
shares listed on the TSX Venture Exchange, have in the last few days been
trading at volumes and prices that are higher than historic average values.
Leeward confirms that it is not aware of any material changes in its business
and affairs that is causing the unusual market activity. In accordance with
applicable securities laws and Leeward's practices, in the event of a material
change Leeward will disseminate a press release and file a material change
    Leeward announces that its board of directors has approved the granting
of an aggregate of 825,000 stock options to its directors, officers and
employees under its stock option plan to acquire common shares of Leeward at
an exercise price of $0.17 per share, expiring on March 28, 2009. The stock
options and common shares issued upon exercise will be subject to a four-month
hold period from the date of grant and are subject to all applicable
regulatory approvals.

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

For further information:

For further information: James W. Davis, President, Tel: (403) 265-4070,
Fax: (403) 265-6410, president@leewardcapital.com

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