Western Canadian Coal appoints Morgan Stanley as strategic advisor

    TSX: WTN & WTN.DB and AIM: WTN

    VANCOUVER, Feb. 19 /CNW/ - Western Canadian Coal Corp. (TSX WTN & WTN.DB;
AIM: WTN) (or the "Company") is pleased to announce that Morgan Stanley has
been appointed exclusive financial advisor to assist the Company with a review
of potential strategic alternatives (the "Strategic Review"). The Strategic
Review, as previously announced on December 17, 2007, will examine and
consider opportunities available to the Company with the objective of further
enhancing shareholder value. This will include exploring strategic alliances,
joint venture opportunities, mergers, acquisitions, or a sale of all or part
of the business. With anticipated record coal prices next year, higher coal
prices in the long-term, and lower costs being achieved through the Company's
productivity improvement plan, shareholder returns are expected to be
attractive; however, the Company is undertaking the Strategic Review to
determine whether other alternatives might result in superior value for
    The Company cautions shareholders that there is no assurance that the
Strategic Review will result in any specific strategic or financial
transaction and no timetable has been set for its completion. Western
anticipates it will make no further announcements regarding the Strategic
Review unless there are material developments.

    About Western Canadian Coal

    Western Canadian Coal Corp. produces 3.1 million tonnes of high quality
metallurgical coal from two mines (Wolverine and Brule) located in the
northeast of British Columbia. The company also has interests in various coal
properties in northern and southern British Columbia and a 50% interest in the
Belcourt Saxon Limited Partnership, which was formed to explore and develop
the Belcourt and Saxon group of properties in northern BC. Currently, these
properties provide the company with an estimated 25 years of coal reserves at
current production levels.

For further information:

For further information: Western Canadian Coal Corp., David Jan,
Manager, Investor Relations & Corporate Development, Phone: (604) 608-2692,
Email: djan@westerncoal.com; Morgan Stanley, Lyle Ayes, Vice President, Phone:
(212) 761-6722, Email: Lyle.Ayes@morganstanley.com; Morgan Stanley, Peter
Bacchus, Managing Director, Phone: 44 20 7425-4669, Email:

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