Winalta Announces Change in Related Party Management

    CALGARY, Dec. 11 /CNW/ - Effective December 10th, 2007 Paul H Shelley is
no longer employed by Winalta Inc. or as an officer of Kos Corp. Investments
    It is anticipated that Mr. Shelley will resign from the Board of
Directors of Winalta Inc. or will not be put forward for re-election at the
next Annual General Meeting of shareholders.

    Winalta Inc. and through its subsidiaries, is a land developer in western
Canada as well as a producer of manufactured and modular CSA certified homes
and site built homes. In addition, it manufactures industrial trailers and
    Winalta Inc. shares trade on the TSX Venture Exchange under the symbol

    %SEDAR: 00005154E

For further information:

For further information: Artie T. Kos, President and CEO, Winalta Inc.,
(780) 960-6900

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Winalta Inc.

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