Shear Wind Inc. ("Shear Wind") (TSX VENTURE:SWX) announced that effective
October 21, 2011 director Jose Fernandez Olano has resigned from the board of
directors of Shear Wind. The board of directors and management of Shear Wind
would like to thank Mr. Fernandez Olano for his contribution and commitment to
Shear Wind. His expertise was an appreciated contribution to the board of
directors. Shear Wind wishes him all the best in his future activities. 


Genera Avante Holdings Canada Inc. has asked that Jaime de Lacalle Noriega be
considered as a suitable candidate to fill the vacancy created by Mr. Fernandez
Olano's resignation until the next annual and general meeting of Shear Wind. The
appointment of Jaime de Lacalle Noriega will be considered at the next board
meeting, currently scheduled for Wednesday, October 26, 2011. 


Shear Wind board of directors continues to work with the Management Team to
provide long-term strategic focus to the benefit of the shareholders. 


This news release shall not constitute an offer to sell or the solicitation of
an offer to buy any securities of Shear Wind in any jurisdiction.


About Shear Wind

Founded in 2005, Shear Wind is headquartered in Halifax, Nova Scotia and is
engaged in the exploration and development of renewable wind energy properties
in Canada. Shear Wind is focused on building a strong company based on a secure
and sustainable supply of clean wind energy. Shear Wind is committed to building
shareholder value governed by environmental stewardship. Inveravante Inversiones
Universales, S.L., an international corporation based in Spain, indirectly owns
62% of Shear Wind on a fully-diluted basis and 49% of Glen Dhu Wind Energy
Limited Partnership through Genera Avante Holdings Canada Inc., following its
investment in Shear Wind in November 2009. 


Additional information on the various projects may be viewed on Shear Wind's
website: www.shearwind.com.


Forward-Looking Statements / Information

This news release may include certain forward-looking information, including
statements relating to business and operating strategies, plans and prospects,
using words including "anticipate", "believe", "could", "expect", "intend",
"may", "plan", "potential", "project", "seek", "should", "will", "would" and
similar expressions, which are intended to identify a number of these
forward-looking statements. Forward-looking information reflects current views
with respect to current events and is not a guarantee of future performance and
is subject to risks, uncertainties and assumptions. Actual results may differ
materially from information contained in the forward-looking information as a
result of a number of material factors, including failure to secure adequate
financing to develop projects of Shear Wind. Shear Wind undertakes no obligation
to publicly update or revise any forward-looking information contained in this
news release, except as may be required by applicable laws, rules and
regulations. Readers are urged to consider these factors carefully in evaluating
any forward-looking information.


Shear Wind Inc. trades on the TSX Venture Exchange under the symbol "SWX".

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