Western GeoPower Announces Geysir Green Energy Divests Its Holdings

Western GeoPower Corp. ("WGP") (TSX VENTURE:WGP) (FRANKFURT:WE6), a renewable
energy company, today announced that it has been advised by Geysir Green Energy
("Geysir") that it has sold 47,333,334 common shares in WGP, representing all of
the common shares it held in WGP, at a price of CAD$0.18 per share, for
aggregate gross proceeds of CAD$8,520,000. Geysir stated that it sold the common
shares as part of its objective to focus on its efforts on increasing installed
capacity in operating geothermal power and heating plants in Iceland and China.


About Western GeoPower Corp.

Western GeoPower Corp. is a renewable energy company dedicated to the
development of geothermal energy projects for the delivery of clean,
sustainable, baseload electricity generation. The Company is developing The
Western GeoPower Unit 1 geothermal power plant at The Geysers Geothermal Field
in Sonoma County, California, United States; the South Brawley geothermal
project in Imperial County, California, United States; and the South Meager
geothermal project in British Columbia, Canada.


On behalf of the Board of Western GeoPower Corp

Daryl S. Clark, President & CEO

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release contain forward-looking information
within the meaning of applicable securities laws in Canada ("forward-looking
information"). The words "anticipates", "believes", "budgets", "could",
"estimates", "expects", "forecasts", "intends", "may", "might", "plans",
"projects", "schedule", "should", "will", "would" and similar expressions are
often intended to identify forward-looking information, although not all
forward-looking information contains these identifying words. 


The forward-looking information in this press release includes, but is not
limited to, Geysir's objective to focus on its efforts on increasing installed
capacity in operating geothermal power and heating plants in Iceland and China.


All forward-looking information in this press release is qualified in its
entirety by this cautionary statement and, except as may be required by law, the
Company undertakes no obligation to revise or update any forward-looking
information as a result of new information, future events or otherwise after the
date hereof. 


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