Winalta Inc. Announces Changes to its Board of Directors

    CALGARY, March 10 /CNW/ - Winalta Inc. (Winalta) today announced certain
changes and proposed changes to its Board of Directors.
    Paul Shelley has resigned his position on the Board as the Chair and a
member of the Audit and Governance Committees effective February 27, 2008. In
addition, Scott Haggins, a member of the Audit and Compensation Committees
will not be standing for re-election to the Board.
    The Board and Management of Winalta wish to thank Messrs. Shelley and
Haggins for their contributions to the Company during their tenure on the
    Also announced today, it is proposed that six directors will be nominated
for election by shareholders at the upcoming Annual Meeting of Winalta to be
held on April 22, 2008. The slate of directors will consist of existing
Winalta directors Artie Kos, Blair Goertzen and Mel Benson and, subject to
regulatory approval, three new nominees, Bradley R. Munro, Terry Bradshaw and
Bob Willows.
    Bradley R. Munro, President and CEO of Bittercreek Capital Corporation,
holds a Bachelor of Commerce Degree from the University of Saskatchewan and
has extensive experience in corporate finance and investment in the oil and
gas and other industries. Mr. Munro currently serves as a director for
Bonnett's Energy Services Trust, Fairmount Energy Inc., Galleon Energy Inc.,
49 North Resource Fund and Flagship Energy Inc. Mr. Munro was also the lead
director and chair of the independent committee on the privatization of CCS
Income Trust.
    Terry Bradshaw, President of Industrial Capital Corporation, has held
senior positions in companies involved in corporate finance, banking,
equipment leasing and real estate development.
    Bob Willows, Vice President of Winalta Construction, a division of
Winalta, graduated from Red Deer College with a degree in Business
Administration. Mr. Willows was the founder and President of Xtreme Xcavation
Ltd., a heavy equipment company purchased by Winalta in 2007.
    "We are very pleased to announce that three new board members have agreed
to join the Winalta Board of Directors. I am very proud to be associated with
these new talented individuals who bring with them a good mix of operational,
public board, financing and corporate governance experience," says Artie T
Kos, President and CEO.

    Winalta Inc. is a residential land developer in western Canada as well as
a producer and marketer of manufactured and modular CSA certified homes,
site-built homes, and industrial trailers and camps.
    Winalta Inc. shares trade on the TSX Venture Exchange under the symbol

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

    Certain of the statements in this press release may constitute
forward-looking statements regarding future events. Actual results and
developments may therefore differ materially from those described in this

    %SEDAR: 00005154E

For further information:

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

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