Winalta Inc. Announces Appointment

    CALGARY, Oct. 7 /CNW/ - Winalta Inc. is pleased to announce the
appointment of Ron Berg as Vice President Corporate Development, Industrial
    Mr. Berg has 32 years of experience in the oil and gas industry having
worked for Precision Drilling Trust for the past 25 years, from Field
Superintendent to, most recently, Senior Vice President.
    "When growing a great company, you start with talented people and build
around them. The credibility of a company is measured by the quality of people
who want to become part of it. Ron is first and foremost an operations guy but
with the financial knowledge that he has acquired in his past senior positions
at Precision, he is a perfect candidate to lead our acquisition strategy in
the Industrial Division. I am very proud to have yet another very astute
individual like Ron joining us here at Winalta," says Artie T. Kos, President
and CEO of Winalta Inc.
    Ron Berg can be reached at or by phone at

    Winalta Inc. is a fully integrated company with two main divisions: Homes
and Industrial. The Homes Division manufactures CSA approved homes, develops
land and builds communities. The Industrial Division manufactures and leases
industrial accommodations, provides construction services that include
excavating, aggregate trucking and paving.
    Winalta Inc. shares trade on the TSX Venture Exchange under the symbol

    The TSX Venture Exchange has neither approved nor disapproved the
    contents of this news release. The TSX Venture Exchange does not accept
    responsibility for the adequacy or accuracy of this release.

    The words "believe", "expect", "intend", "anticipate", or any variation
of such words and similar expressions identify forward-looking statements, but
their absence does not mean that the statement is not forward-looking. These
statements are not guarantees of future performance and are subject to certain
risks, uncertainties and assumptions that are difficult to predict. Readers
are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date of this news release. Winalta undertakes no
obligation to publicly update or revise any forward-looking statements or
information, whether as a result of new information, future events or
otherwise, except as required by securities laws.

    %SEDAR: 00005154E

For further information:

For further information: Business Contact, Artie T. Kos, President &
CEO, Winalta Inc.,, Tel: (780) 960-6900, Fax: (780)
962-9523,; Investor Relations, Austin Fraser, VP Corporate
Development and Investor Relations, Tel: (403) 475-4698

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